Western Africa: Milling Industry Machinery Market 2025

Milling Industry Machinery Market Size in Western Africa

In 2022, the West African milling industry machinery market decreased by X% to $X, falling for the third consecutive year after three years of growth. In general, consumption continues to indicate a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Milling Industry Machinery Production in Western Africa

In value terms, milling industry machinery production contracted to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Milling Industry Machinery Exports

Exports in Western Africa

After two years of growth, overseas shipments of milling industry machinery decreased by X% to X units in 2022. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, milling industry machinery exports declined dramatically to $X in 2022. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Senegal was the key exporter of milling industry machinery in Western Africa, with the volume of exports resulting at X units, which was near X% of total exports in 2022. Burkina Faso (X units) ranks second in terms of the total exports with a X% share, followed by Cote d'Ivoire (X%) and Ghana (X%).

Senegal was also the fastest-growing in terms of the milling industry machinery exports, with a CAGR of X% from 2012 to 2022. Ghana (X%), Cote d'Ivoire (X%) and Burkina Faso (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.) and Burkina Faso (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (X p.p.) and Cote d'Ivoire (X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) remains the largest milling industry machinery supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports. It was followed by Burkina Faso, with a X% share.

In Senegal, milling industry machinery exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Burkina Faso (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, growing by X% against the previous year. Overall, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

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

Milling Industry Machinery Imports

Imports in Western Africa

In 2022, purchases abroad of milling industry machinery decreased by X% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, milling industry machinery imports surged to $X in 2022. Overall, imports saw a perceptible decrease. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Nigeria represented the key importing country with an import of around X units, which reached X% of total imports. It was distantly followed by Togo (X units) and Cote d'Ivoire (X units), together achieving a X% share of total imports. The following importers - Ghana (X units), Benin (X units) and Mali (X units) - together made up X% of total imports.

Imports into Nigeria decreased at an average annual rate of X% from 2012 to 2022. At the same time, Togo (X%), Benin (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Mali (X%) and Ghana (X%) illustrated a downward trend over the same period. While the share of Togo (X p.p.), Cote d'Ivoire (X p.p.), Benin (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported milling industry machinery in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Togo, with a X% share.

In Nigeria, milling industry machinery imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Togo (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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