Western Africa: Non-Electric Pulley Tackle Market 2025

Non-Electric Pulley Tackle Market Size in Western Africa

In 2022, the West African non-electric pulley tackle market decreased by -12.4% to $X, falling for the second year in a row after five years of growth. Over the period under review, consumption, however, showed prominent growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Pulley Tackle Production in Western Africa

In value terms, non-electric pulley tackle production surged to $X in 2022 estimated in export price. In general, production showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 122%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Electric Pulley Tackle Exports

Exports in Western Africa

In 2022, exports of pulley tackle and hoists, non-powered by electric motor in Western Africa soared to X units, with an increase of 112% on 2021. Over the period under review, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 372%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-electric pulley tackle exports fell remarkably to $X in 2022. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 121%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ghana dominates exports structure, recording X units, which was near 83% of total exports in 2022. It was distantly followed by Senegal (X units), creating a 5.3% share of total exports. The following exporters - Nigeria (X units), Benin (X units) and Cote d'Ivoire (X units) - together made up 8.6% of total exports.

Exports from Ghana decreased at an average annual rate of -9.4% from 2012 to 2022. At the same time, Benin (+29.2%), Senegal (+19.6%), Nigeria (+4.9%) and Cote d'Ivoire (+1.4%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +29.2% from 2012-2022. Senegal (+4.9 p.p.), Nigeria (+3 p.p.) and Benin (+2.8 p.p.) significantly strengthened its position in terms of the total exports, while Ghana saw its share reduced by -13% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X), Benin ($X) and Senegal ($X) were the countries with the highest levels of exports in 2022, together comprising 72% of total exports.

Among the main exporting countries, Benin, with a CAGR of +68.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, dropping by -66.2% against the previous year. Over the period under review, the export price, however, showed a tangible expansion. The growth pace was the most rapid in 2013 an increase of 236% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then dropped significantly in the following year.

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 Benin ($X per unit), while Ghana ($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 (+30.1%), while the other leaders experienced more modest paces of growth.

Non-Electric Pulley Tackle Imports

Imports in Western Africa

In 2022, overseas purchases of pulley tackle and hoists, non-powered by electric motor decreased by -60.6% to X units, falling for the third consecutive year after six years of growth. Over the period under review, imports, however, recorded a moderate increase. The pace of growth was the most pronounced in 2018 with an increase of 152%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-electric pulley tackle imports shrank markedly to $X in 2022. Overall, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 with an increase of 133% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Nigeria (X units) and Senegal (X units) were the largest importers of pulley tackle and hoists, non-powered by electric motor in 2022, finishing at approx. 33% and 22% of total imports, respectively. Guinea (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Burkina Faso (12%) and Ghana (9.4%). Cote d'Ivoire (X units) and Togo (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Guinea (with a CAGR of +41.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported pulley tackle and hoists, non-powered by electric motor in Western Africa, comprising 39% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 12% share of total imports. It was followed by Burkina Faso, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria was relatively modest. In the other countries, the average annual rates were as follows: Cote d'Ivoire (+4.3% per year) and Burkina Faso (-10.5% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, growing by 8.6% against the previous year. Over the period under review, the import price, however, saw a drastic downturn. The growth pace was the most rapid in 2013 an increase of 50%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (-3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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