Western Africa: Straight Saw Blade Market 2025

Straight Saw Blade Market Size in Western Africa

The West African straight saw blade market skyrocketed to $X in 2021, surging by 16% against the previous year. Over the period under review, consumption continues to indicate a slight setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Straight Saw Blade Production in Western Africa

In value terms, straight saw blade production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 50%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Straight Saw Blade Exports

Exports in Western Africa

In 2021, shipments abroad of straight saw blades for working metal was finally on the rise to reach X kg for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 88% against the previous year. The volume of export peaked at X kg in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, straight saw blade exports rose markedly to $X in 2021. In general, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 174% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Cote d'Ivoire (X kg) and Senegal (X kg) were the key exporters of straight saw blades for working metal in Western Africa, together recording approx. 62% of total exports. Nigeria (X kg) held an 18% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (16%). Cabo Verde (X kg) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Cote d'Ivoire (with a CAGR of +59.0%), while the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Nigeria ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 91% of total exports.

In terms of the main exporting countries, Cote d'Ivoire, with a CAGR of +41.9%, 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

In 2021, the export price in Western Africa amounted to $X per ton, dropping by -17.2% against the previous year. In general, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the export price increased by 91% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Nigeria ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cabo Verde (+8.9%), while the other leaders experienced a decline in the export price figures.

Straight Saw Blade Imports

Imports in Western Africa

In 2021, the amount of straight saw blades for working metal imported in Western Africa declined sharply to X tons, dropping by -18.9% compared with the year before. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 353% against the previous year. The volume of import peaked at X tons in 2020, and then declined notably in the following year.

In value terms, straight saw blade imports soared to $X in 2021. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 86% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Nigeria dominates imports structure, recording X tons, which was near 69% of total imports in 2021. Ghana (X tons) held a 7.9% share (based on physical terms) of total imports, which put it in second place, followed by Togo (6.4%), Mali (5.2%) and Mauritania (4.9%). Cote d'Ivoire (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to straight saw blade imports into Nigeria stood at +15.2%. At the same time, Togo (+23.1%), Mauritania (+10.0%) and Ghana (+6.7%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +23.1% from 2012-2021. By contrast, Cote d'Ivoire (-3.4%) and Mali (-4.1%) illustrated a downward trend over the same period. Nigeria (+21 p.p.) and Togo (+4 p.p.) significantly strengthened its position in terms of the total imports, while Ghana, Cote d'Ivoire and Mali saw its share reduced by -3%, -5.5% and -13.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Togo ($X) and Ghana ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 60% of total imports.

In terms of the main importing countries, Togo, with a CAGR of +20.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, picking up by 84% against the previous year. Overall, the import price, however, continues to indicate a pronounced slump. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Togo ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mali (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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