Western Africa - Seeders, Planters, Transplanters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Seeder And Planter Market 2024
Seeder And Planter Market Size in Western Africa
In 2021, the West African seeder and planter market decreased by -58.6% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.
Seeder And Planter Production in Western Africa
In value terms, seeder and planter production rose sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 38% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.
Seeder And Planter Exports
Exports in Western Africa
Seeder and planter exports stood at X units in 2021, flattening at the year before. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by 3,800% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, seeder and planter exports contracted modestly to $X in 2021. Over the period under review, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2019 with an increase of 3,273% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
The biggest shipments were from Senegal (X units), together reaching 100% of total export.
Senegal experienced a relatively flat trend pattern with regard to volume of exports of seeders, planters, transplanters. While the share of Senegal (+80 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Senegal ($X) also remains the largest seeder and planter supplier in Western Africa.
From 2012 to 2021, the average annual rate of growth in terms of value in Senegal stood at -14.6%.
Export Prices by Country
In 2021, the export price in Western Africa amounted to $X per unit, reducing by -4.6% against the previous year. In general, the export price showed a deep reduction. The growth pace was the most rapid in 2018 an increase of 83% against the previous year. Over the period under review, the export prices reached the peak figure 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 Senegal.
From 2012 to 2021, the rate of growth in terms of prices for Senegal amounted to -14.6% per year.
Seeder And Planter Imports
Imports in Western Africa
In 2021, overseas purchases of seeders, planters, transplanters decreased by -62% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2019 when imports increased by 223% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.
In value terms, seeder and planter imports declined remarkably to $X in 2021. In general, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 253%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
Nigeria prevails in imports structure, finishing at X units, which was near 94% of total imports in 2021. It was distantly followed by Senegal (X units), generating a 6.2% share of total imports.
Nigeria was also the fastest-growing in terms of the seeders, planters, transplanters imports, with a CAGR of +32.2% from 2012 to 2021. At the same time, Senegal (+11.6%) displayed positive paces of growth. Nigeria (+51 p.p.) significantly strengthened its position in terms of the total imports, while Senegal saw its share reduced by -6.7% from 2012 to 2021, respectively.
In value terms, Nigeria ($X) constitutes the largest market for imported seeders, planters, transplanters in Western Africa, comprising 95% of total imports. The second position in the ranking was taken by Senegal ($X), with a 5% share of total imports.
In Nigeria, seeder and planter imports increased at an average annual rate of +17.7% over the period from 2012-2021.
Import Prices by Country
In 2021, the import price in Western Africa amounted to $X per unit, reducing by -52.2% against the previous year. Overall, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 79% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Nigeria ($X per unit), while Senegal stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (-9.6%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the seeder and planter 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 28303333 - Central driven precision spacing seeders for agricultural or horticultural use
- Prodcom 28303335 - Seeders for agricultural or horticultural use (excluding central driven precision spacing seeders)
- Prodcom 28303350 - Planters and transplanters
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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