Western Africa: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Western Africa

For the fourth consecutive year, the West African turbo-jet (over X kn) market recorded decline in sales value, which decreased by -2.6% to $X in 2021. In general, consumption, however, saw a pronounced decline. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Turbo-Jets Of A Thrust Exceeding X kN in Western Africa

In value terms, turbo-jet (over X kn) production fell notably to $X in 2021 estimated in export price. In general, production continues to indicate a deep slump. The growth pace was the most rapid in 2018 with an increase of 77%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports in Western Africa

In 2021, approx. X units of turbo-jets of a thrust exceeding X kn were exported in Western Africa; which is down by -25% on the year before. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 300%. Over the period under review, the exports attained the maximum at X units in 2020, and then fell notably in the following year.

In value terms, turbo-jet (over X kn) exports reduced rapidly to $X in 2021. Overall, exports saw a significant decline. The growth pace was the most rapid in 2018 when exports increased by 2,652%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of turbo-jets of a thrust exceeding X kn, namely Nigeria, represented more than two-thirds of total export.

Nigeria was also the fastest-growing in terms of the turbo-jets of a thrust exceeding X kn exports, with a CAGR of +4.6% from 2012 to 2021. While the share of Nigeria (+33 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) also remains the largest turbo-jet (over X kn) supplier in Western Africa.

In Nigeria, turbo-jet (over X kn) exports contracted by an average annual rate of -5.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per unit, declining by -57.1% against the previous year. Over the period under review, the export price continues to indicate a sharp descent. The pace of growth appeared the most rapid in 2018 an increase of 588% 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 failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2021, the rate of growth in terms of prices for Nigeria amounted to -8.8% per year.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports in Western Africa

Turbo-jet (over X kn) imports surged to X units in 2021, jumping by 80% on 2020. Over the period under review, imports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 1,691%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, turbo-jet (over X kn) imports soared to $X in 2021. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 3,805%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Ghana represented the largest importing country with an import of around X units, which amounted to 78% of total imports. Nigeria (X units) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Mali (5.6%). The following importers - Cote d'Ivoire (X units) and Burkina Faso (X units) - each amounted to a 5.6% share of total imports.

Ghana was also the fastest-growing in terms of the turbo-jets of a thrust exceeding X kn imports, with a CAGR of +28.2% from 2012 to 2021. Cote d'Ivoire experienced a relatively flat trend pattern. Mali (-7.4%), Burkina Faso (-18.1%) and Nigeria (-19.1%) illustrated a downward trend over the same period. While the share of Ghana (+76 p.p.), Mali (+2.7 p.p.) and Cote d'Ivoire (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Nigeria (-7.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Burkina Faso ($X) constitutes the largest market for imported turbo-jets of a thrust exceeding X kn in Western Africa, comprising 84% of total imports. The second position in the ranking was taken by Ghana ($X), with a 6.2% share of total imports. It was followed by Mali, with a 4.7% share.

In Burkina Faso, turbo-jet (over X kn) imports increased at an average annual rate of +25.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (+47.7% per year) and Mali (+21.3% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2021, growing by 63% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2018 when the import price increased by 1,659% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Burkina Faso ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+52.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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