Report Western Africa - Machinery for Moulding or Retreading Pneumatic Tyres - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Western Africa - Machinery for Moulding or Retreading Pneumatic Tyres - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2025

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Western Africa

In 2022, the West African pneumatic tyre retreading machinery market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in Western Africa

In value terms, pneumatic tyre retreading machinery production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 74% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports in Western Africa

In 2022, supplies from abroad of machinery for moulding or retreading pneumatic tyres was finally on the rise to reach X units after two years of decline. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of 538%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, pneumatic tyre retreading machinery imports surged to $X in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 295%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X units) was the main importer of machinery for moulding or retreading pneumatic tyres, creating 58% of total imports. Sierra Leone (X units) ranks second in terms of the total imports with a 21% share, followed by Cote d'Ivoire (9.4%). The following importers - Ghana (X units), Mali (X units) and Burkina Faso (X units) - together made up 7.8% of total imports.

Imports into Nigeria increased at an average annual rate of +47.5% from 2012 to 2022. At the same time, Sierra Leone (+65.9%), Cote d'Ivoire (+33.3%) and Mali (+6.2%) displayed positive paces of growth. Moreover, Sierra Leone emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +65.9% from 2012-2022. By contrast, Ghana (-3.8%) and Burkina Faso (-10.2%) illustrated a downward trend over the same period. While the share of Nigeria (+50 p.p.), Sierra Leone (+20 p.p.) and Cote d'Ivoire (+5.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mali (-7.6 p.p.), Burkina Faso (-29.1 p.p.) and Ghana (-29.1 p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported machinery for moulding or retreading pneumatic tyres in Western Africa, comprising 70% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 7.1% share of total imports. It was followed by Mali, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria stood at +52.4%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (+40.5% per year) and Mali (+5.2% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, waning by -3.9% against the previous year. Over the period under review, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 115% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mali ($X per unit), while Sierra Leone ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+5.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Nigeria, Ghana and Sierra Leone, with a combined 93% share of total consumption.
Ghana remains the largest pneumatic tyre retreading machinery producing country in Western Africa, comprising approx. 83% of total volume. Moreover, pneumatic tyre retreading machinery production in Ghana exceeded the figures recorded by the second-largest producer, Benin, tenfold.
In value terms, Nigeria constitutes the largest market for imported machinery for moulding or retreading pneumatic tyres in Western Africa, comprising 76% of total imports. The second position in the ranking was occupied by Ghana, with a 13% share of total imports. It was followed by Sierra Leone, with a 1.9% share.
In 2017, the export price in Western Africa amounted to $9,837 per unit, reducing by -3.5% against the previous year.
In 2021, the import price in Western Africa amounted to $1,757 per unit, rising by 34% against the previous year.

This report provides an in-depth analysis of the market for pneumatic tyre retreading machinery in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28961060 - Machinery for moulding or retreading pneumatic tyres...

Country coverage:

  • Benin
  • Burkina Faso
  • Cabo Verde
  • Gambia
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Liberia
  • Mali
  • Mauritania
  • Niger
  • Nigeria
  • Saint Helena, Ascension and Tristan da Cunha
  • Senegal
  • Sierra Leone
  • Togo
  • Cote d'Ivoire

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Western Africa, split by region and country
  • Trade (exports and imports) in Western Africa
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Benin
    • Burkina Faso
    • Cabo Verde
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Liberia
    • Mali
    • Mauritania
    • Niger
    • Nigeria
    • Saint Helena, Ascension and Tristan da Cunha
    • Senegal
    • Sierra Leone
    • Togo
    • Cote d'Ivoire
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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