
Western Africa - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Tapered Roller Bearing Market 2025
Tapered Roller Bearing Market Size in Western Africa
The West African tapered roller bearing market stood at $X in 2021, surging by 11% against the previous year. Overall, consumption saw a strong expansion. The level of consumption peaked in 2021 and is likely to see gradual growth in the near future.
Tapered Roller Bearing Production in Western Africa
In value terms, tapered roller bearing production expanded rapidly to $X in 2021 estimated in export price. The total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -37.8% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 106% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.
Tapered Roller Bearing Exports
Exports in Western Africa
Tapered roller bearing exports expanded markedly to X tons in 2021, growing by 9.3% against the previous year. Over the period under review, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 444% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
In value terms, tapered roller bearing exports dropped to $X in 2021. Overall, exports continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2015 with an increase of 260%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
In 2021, Sierra Leone (X tons) and Nigeria (X tons) were the major exporters of tapered roller bearings in Western Africa, together reaching near 68% of total exports. It was distantly followed by Burkina Faso (X kg) and Cote d'Ivoire (X kg), together mixing up a 15% share of total exports. The following exporters - Ghana (X kg), Mauritania (X kg) and Mali (X kg) - together made up 10% of total exports.
From 2012 to 2021, the biggest increases were recorded for Burkina Faso (with a CAGR of +60.8%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Sierra Leone ($X) emerged as the largest tapered roller bearing supplier in Western Africa, comprising 41% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 16% share of total exports. It was followed by Nigeria, with a 10% share.
From 2012 to 2021, the average annual growth rate of value in Sierra Leone stood at +17.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Burkina Faso (+55.7% per year) and Nigeria (-15.7% per year).
Export Prices by Country
In 2021, the export price in Western Africa amounted to $X per ton, falling by -19% against the previous year. In general, the export price, however, posted a resilient increase. The pace of growth was the most pronounced in 2014 an increase of 289%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Mali ($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 Mauritania (+22.0%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Imports
Imports in Western Africa
Tapered roller bearing imports expanded markedly to X tons in 2021, surging by 10% compared with the previous year. Overall, imports recorded prominent growth. The growth pace was the most rapid in 2020 when imports increased by 360%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.
In value terms, tapered roller bearing imports rose to $X in 2021. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 243% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.
Imports by Country
Nigeria represented the largest importing country with an import of around X tons, which recorded 65% of total imports. It was distantly followed by Ghana (X tons), achieving a 23% share of total imports. The following importers - Togo (X tons) and Liberia (X tons) - each reached a 6.2% share of total imports.
Imports into Nigeria increased at an average annual rate of +26.6% from 2012 to 2021. At the same time, Togo (+57.3%), Liberia (+35.0%) and Ghana (+14.5%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +57.3% from 2012-2021. Nigeria (+29 p.p.), Togo (+2.9 p.p.) and Liberia (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while Ghana saw its share reduced by -8.1% from 2012 to 2021, respectively.
In value terms, Nigeria ($X) constitutes the largest market for imported tapered roller bearings in Western Africa, comprising 75% of total imports. The second position in the ranking was taken by Ghana ($X), with a 7.3% share of total imports. It was followed by Liberia, with a 4.5% share.
From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria amounted to +26.3%. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (-3.6% per year) and Liberia (+29.4% per year).
Import Prices by Country
The import price in Western Africa stood at $X per ton in 2021, dropping by -5.9% against the previous year. Overall, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2015 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Liberia ($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 Nigeria (-0.3%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tapered roller bearing 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 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
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
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption, by Country, 2022–2024
- Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Consumption, by Country, 2024
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, by Country, 2024
- Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
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