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Report Western Africa - Machinery for Preparing, Tanning or Working Hides, Skins or Leather - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Machinery for Preparing, Tanning or Working Hides, Skins or Leather - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Hide Preparing Machinery Market 2024

Hide Preparing Machinery Market Size in Western Africa

In 2022, the West African hide preparing machinery market was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a pronounced reduction. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Hide Preparing Machinery Production in Western Africa

In value terms, hide preparing machinery production totaled $X in 2022 estimated in export price. Overall, production, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 12%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Hide Preparing Machinery Exports

Exports in Western Africa

Hide preparing machinery exports was estimated at X units in 2021, almost unchanged from 2020 figures. Overall, exports recorded a dramatic decline. The smallest decline of -95% was in 2013. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, hide preparing machinery exports totaled $X in 2021. Over the period under review, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2016 with an increase of 16,814% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2021, waning by -59% against the previous year. In general, the export price showed a precipitous contraction. The most prominent rate of growth was recorded in 2015 when the export price increased by 3,818% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to -31.6% per year.

Hide Preparing Machinery Imports

Imports in Western Africa

In 2022, after two years of decline, there was significant growth in purchases abroad of machinery for preparing, tanning or working hides, skins or leather, when their volume increased by 8.6% to X units. Over the period under review, imports, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 160%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, hide preparing machinery imports soared to $X in 2022. In general, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 147% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Nigeria prevails in imports structure, amounting to X units, which was approx. 56% of total imports in 2022. Togo (X units) took the second position in the ranking, followed by Benin (X units), Ghana (X units), Mali (X units), Senegal (X units) and Burkina Faso (X units). All these countries together held near 40% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hide preparing machinery imports into Nigeria stood at -4.4%. At the same time, Togo (+19.6%), Benin (+7.2%) and Mali (+2.9%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +19.6% from 2012-2022. Ghana and Senegal experienced a relatively flat trend pattern. By contrast, Burkina Faso (-11.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Togo, Benin, Mali, Ghana and Senegal increased by +8.5, +4.3, +3.3, +2.3 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported machinery for preparing, tanning or working hides, skins or leather in Western Africa, comprising 77% of total imports. The second position in the ranking was taken by Mali ($X), with a 9.4% share of total imports. It was followed by Senegal, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria stood at -7.1%. The remaining importing countries recorded the following average annual rates of imports growth: Mali (+13.0% per year) and Senegal (-0.6% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, with an increase of 10% against the previous year. In general, the import price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mali ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (+12.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Nigeria, Mali and Burkina Faso, with a combined 65% share of total consumption. These countries were followed by Senegal, Cote d'Ivoire, Cabo Verde and Benin, which together accounted for a further 32%.
The countries with the highest volumes of in 2021 were Cote d'Ivoire, Cabo Verde and Guinea, together comprising 80% of total production. Moreover, hide preparing machinery production in Cote d'Ivoire exceeded the figures recorded by the region's second-largest producer, Cabo Verde, twofold.
In value terms, Nigeria constitutes the largest market for imported machinery for preparing, tanning or working hides, skins or leather in Western Africa, comprising 81% of total imports. The second position in the ranking was occupied by Mali, with a 9% share of total imports. It was followed by Burkina Faso, with a 6.3% share.
In 2018, the export price in Western Africa amounted to $24,004 per unit, flattening at-% against the previous year.
In 2021, the import price in Western Africa amounted to $51,670 per unit, picking up by 60% against the previous year.

This report provides an in-depth analysis of the hide preparing machinery market 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 28943030 - Machinery for preparing, tanning or working hides, skins or leather

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 2012–2023
    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 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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