Western Africa: Ac/Dc Motor Market 2025

Ac/Dc Motor Market Size in Western Africa

The West African AC/DC motor market rose modestly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, saw a mild contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ac/Dc Motor Production in Western Africa

In value terms, AC/DC motor production stood at $X in 2022 estimated in export price. In general, production, however, recorded a slight reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ac/Dc Motor Exports

Exports in Western Africa

AC/DC motor exports skyrocketed to X units in 2022, picking up by X% compared with the previous year's figure. Overall, exports saw pronounced growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, AC/DC motor exports fell to $X in 2022. In general, exports saw a slight expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Nigeria dominates exports structure, reaching X units, which was approx. X% of total exports in 2022. Sierra Leone (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Togo (X%). The following exporters - Senegal (X units), Niger (X units), Ghana (X units) and Cote d'Ivoire (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to AC/DC motor exports from Nigeria stood at X%. At the same time, Niger (X%), Togo (X%) and Sierra Leone (X%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. Cote d'Ivoire experienced a relatively flat trend pattern. By contrast, Ghana (X%) and Senegal (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, Togo, Sierra Leone and Niger increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest AC/DC motor supplying countries in Western Africa were Nigeria ($X), Niger ($X) and Cote d'Ivoire ($X), with a combined X% share of total exports.

Niger, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while Sierra Leone ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (X%), while the other leaders experienced more modest paces of growth.

Ac/Dc Motor Imports

Imports in Western Africa

In 2022, the amount of AC/DC motors imported in Western Africa surged to X units, increasing by X% compared with 2021 figures. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, AC/DC motor imports amounted to $X in 2022. Total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X units) represented the largest importer of AC/DC motors, committing X% of total imports. Cote d'Ivoire (X units) ranks second in terms of the total imports with a X% share, followed by Ghana (X%) and Senegal (X%).

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported AC/DC motors in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

In Nigeria, AC/DC motor imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Senegal ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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