Western Africa - Machines for Electroplating, Electrolysis or Electrophoresis - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Electroplating Machine Market 2024
Electroplating Machine Market Size in Western Africa
The West African electroplating machine market declined significantly to $X in 2023, which is down by X% against the previous year. In general, consumption, however, faced a deep setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Electroplating Machine Production in Western Africa
In value terms, electroplating machine production rose markedly to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.
Electroplating Machine Exports
Exports in Western Africa
In 2023, exports of machines for electroplating, electrolysis or electrophoresis in Western Africa soared to X units, rising by X% against 2022 figures. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2023, the growth of the exports failed to regain momentum.
In value terms, electroplating machine exports soared to $X in 2023. Over the period under review, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
Exports by Country
In 2023, Nigeria (X units) represented the largest exporter of machines for electroplating, electrolysis or electrophoresis, achieving X% of total exports. It was distantly followed by Ghana (X units), constituting a X% share of total exports.
Nigeria was also the fastest-growing in terms of the machines for electroplating, electrolysis or electrophoresis exports, with a CAGR of X% from 2012 to 2023. Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Ghana increased by X percentage points.
In value terms, Nigeria ($X) remains the largest electroplating machine supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports.
In Nigeria, electroplating machine exports decreased by an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
In 2023, the export price in Western Africa amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while Ghana totaled $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%).
Electroplating Machine Imports
Imports in Western Africa
In 2023, purchases abroad of machines for electroplating, electrolysis or electrophoresis was finally on the rise to reach X units after two years of decline. Over the period under review, imports showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, electroplating machine imports reduced remarkably to $X in 2023. Overall, imports saw a mild expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then fell markedly in the following year.
Imports by Country
Burkina Faso represented the main importer of machines for electroplating, electrolysis or electrophoresis in Western Africa, with the volume of imports finishing at X units, which was near X% of total imports in 2023. Cote d'Ivoire (X units) ranks second in terms of the total imports with an X% share, followed by Senegal (X%). Mali (X units), Ghana (X units), Benin (X units) and Cabo Verde (X units) followed a long way behind the leaders.
Burkina Faso was also the fastest-growing in terms of the machines for electroplating, electrolysis or electrophoresis imports, with a CAGR of X% from 2012 to 2023. At the same time, Mali (X%), Cabo Verde (X%), Cote d'Ivoire (X%), Senegal (X%) and Ghana (X%) displayed positive paces of growth. By contrast, Benin (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Burkina Faso, Cote d'Ivoire, Mali, Benin and Cabo Verde increased by X, X, X, X and X percentage points, respectively.
In value terms, Burkina Faso ($X), Cote d'Ivoire ($X) and Ghana ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Senegal, Benin, Mali and Cabo Verde lagged somewhat behind, together accounting for a further X%.
Mali, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the import price in Western Africa amounted to $X per unit, waning by X% against the previous year. Overall, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Ghana ($X per unit), while Cabo Verde ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the electroplating machine 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 28491283 - Machines and apparatus for electroplating, electrolysis or electrophoresis
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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