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Report Western Africa - Teleferics, Chair-Lifts, Ski-Draglines and Traction Mechanisms for Funiculars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Western Africa - Teleferics, Chair-Lifts, Ski-Draglines and Traction Mechanisms for Funiculars - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Teleferics And Chair-Lifts Market 2025

Teleferics And Chair-Lifts Imports

Imports in Western Africa

In 2022, supplies from abroad of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars increased by 17% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a modest expansion. The pace of growth appeared the most rapid in 2019 with an increase of 486% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, teleferics and chair-lifts imports declined notably to $X in 2022. Overall, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2017 when imports increased by 181% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Nigeria was the largest importer of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in Western Africa, with the volume of imports accounting for X units, which was approx. 86% of total imports in 2022. It was distantly followed by Ghana (X units), achieving a 14% share of total imports.

Nigeria was also the fastest-growing in terms of the teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars imports, with a CAGR of +11.6% from 2012 to 2022. Ghana (-12.9%) illustrated a downward trend over the same period. While the share of Nigeria (+52 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ghana (-52.4 p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in Western Africa, comprising 80% of total imports. The second position in the ranking was held by Ghana ($X), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Nigeria amounted to +5.3%.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, reducing by -38.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the import price increased by 228% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per unit), while Ghana stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (-8.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of teleferics and chair-lifts consumption was Ghana, comprising approx. 60% of total volume. Moreover, teleferics and chair-lifts consumption in Ghana exceeded the figures recorded by the second-largest consumer, Nigeria, twofold. Senegal ranked third in terms of total consumption with a 6.7% share.
Senegal constituted the country with the largest volume of teleferics and chair-lifts production, accounting for 65% of total volume. Moreover, teleferics and chair-lifts production in Senegal exceeded the figures recorded by the second-largest producer, Ghana, fourfold. Cote d'Ivoire ranked third in terms of total production with a 12% share.
In value terms, Ghana remains the largest teleferics and chair-lifts supplier in Western Africa.
In value terms, Nigeria constitutes the largest market for imported teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in Western Africa, comprising 67% of total imports. The second position in the ranking was occupied by Ghana, with a 25% share of total imports.
In 2020, the export price in Western Africa amounted to $2,728 per unit, rising by 95% against the previous year.
The import price in Western Africa stood at $3,388 per unit in 2021, falling by -12.4% against the previous year.

This report provides an in-depth analysis of the teleferics and chair-lifts 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 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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