Western Africa: Stone Sawing Machine Market 2025

Stone Sawing Machine Market Size in Western Africa

In 2021, the West African stone sawing machine market decreased by -14% to $X for the first time since 2015, thus ending a five-year rising trend. The total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then declined in the following year.

Stone Sawing Machine Production in Western Africa

In value terms, stone sawing machine production surged to $X in 2021 estimated in export price. In general, production, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by 35%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Stone Sawing Machine Exports

Exports in Western Africa

In 2021, after two years of decline, there was significant growth in overseas shipments of sawing machines for working stone, ceramics and concrete, when their volume increased by 29% to X units. In general, exports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2014 when exports increased by 2,520%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, stone sawing machine exports expanded rapidly to $X in 2021. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 773%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Senegal (X units), distantly followed by Cote d'Ivoire (X units) represented the key exporters of sawing machines for working stone, ceramics and concrete, together committing 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for Senegal (with a CAGR of +19.6%).

In value terms, Cote d'Ivoire ($X) and Senegal ($X) appeared to be the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Senegal, with a CAGR of +34.2%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per unit, waning by -11.4% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 when the export price increased by 229% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Cote d'Ivoire ($X per unit), while Senegal amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+11.8%).

Stone Sawing Machine Imports

Imports in Western Africa

After two years of growth, overseas purchases of sawing machines for working stone, ceramics and concrete decreased by -45.7% to X units in 2021. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 267%. As a result, imports reached the peak of X units, and then declined significantly in the following year.

In value terms, stone sawing machine imports dropped remarkably to $X in 2021. In general, imports, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2016 with an increase of 315% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Nigeria (X units) represented the key importer of sawing machines for working stone, ceramics and concrete, creating 60% of total imports. Ghana (X units) took the second position in the ranking, followed by Togo (X units), Senegal (X units), Guinea (X units) and Cote d'Ivoire (X units). All these countries together held approx. 38% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to stone sawing machine imports into Nigeria stood at +15.1%. At the same time, Togo (+48.1%), Guinea (+39.6%), Cote d'Ivoire (+12.7%), Ghana (+11.3%) and Senegal (+10.3%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +48.1% from 2012-2021. From 2012 to 2021, the share of Togo and Guinea increased by +6.8 and +5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported sawing machines for working stone, ceramics and concrete in Western Africa, comprising 49% of total imports. The second position in the ranking was taken by Ghana ($X), with a 17% share of total imports. It was followed by Cote d'Ivoire, with a 9.8% share.

From 2012 to 2021, 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: Ghana (+11.5% per year) and Cote d'Ivoire (+10.0% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2021, growing by 15% against the previous year. Overall, the import price, however, recorded a abrupt setback. The growth pace was the most rapid in 2015 when the import price increased by 43%. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: 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 2021, the most notable rate of growth in terms of prices was attained by Senegal (+0.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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