Western Africa - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2024
Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Western Africa
For the third year in a row, the West African market for electrical transformers with liquid dielectric, of power handling capacity over X kVA recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption posted resilient growth. Over the period under review, the market attained the maximum level in 2023 and is expected to retain growth in the near future.
Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in Western Africa
In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA dropped dramatically to $X in 2023 estimated in export price. Overall, production showed a strong expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2023, production of growth failed to regain momentum.
Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA
Exports in Western Africa
After two years of growth, shipments abroad of electrical transformers with liquid dielectric, of power handling capacity over X kVA decreased by X% to X units in 2023. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2022 when exports increased by X%. As a result, the exports attained the peak of X units, and then contracted significantly in the following year.
In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA contracted remarkably to $X in 2023. Over the period under review, exports saw a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of X,400%. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The shipments of the one major exporters of electrical transformers with liquid dielectric, of power handling capacity over X kVA, namely Nigeria, represented more than two-thirds of total export.
Nigeria was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity over X kVA exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of Nigeria increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria amounted to X%.
Export Prices by Country
The export price in Western Africa stood at $X per unit in 2023, surging by X% against the previous year. Overall, the export price enjoyed temperate growth. The most prominent rate of growth was recorded in 2015 when the export price increased by X,400% against the previous year. Over the period under review, the export prices reached the peak figure in 2023 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Nigeria.
From 2012 to 2023, the rate of growth in terms of prices for Nigeria amounted to X% per year.
Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA
Imports in Western Africa
In 2023, the amount of electrical transformers with liquid dielectric, of power handling capacity over X kVA imported in Western Africa skyrocketed to X units, jumping by X% against the previous year's figure. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports of attained the peak figure in 2023 and are likely to see steady growth in years to come.
In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA soared to $X in 2023. Overall, imports showed a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in years to come.
Imports by Country
Nigeria dominates kVA structure, resulting at X units, which was near X% of total imports in 2023. Ghana (X units) took the second position in the ranking, followed by Senegal (X units), Cote d'Ivoire (X units) and Benin (X units). All these countries together took approx. X% share of total imports. Gambia (X units) and Guinea (X units) followed a long way behind the leaders.
From 2012 to 2023, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity over X kVA imports into Nigeria stood at X%. At the same time, Gambia (X%), Benin (X%), Senegal (X%), Cote d'Ivoire (X%) and Guinea (X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. Ghana experienced a relatively flat trend pattern. While the share of Nigeria (X p.p.), Benin (X p.p.) and Gambia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Guinea (X p.p.), Senegal (X p.p.), Cote d'Ivoire (X p.p.) and Ghana (X p.p.) displayed negative dynamics.
In value terms, Nigeria ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity over X kVA in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (X% per year) and Senegal (X% per year).
Import Prices by Country
The import price in Western Africa stood at $X per unit in 2023, rising by X% against the previous year. Import price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for electrical transformers with liquid dielectric, of power handling capacity over X kVA increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Benin ($X per unit), while Gambia ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Benin (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity over 10000 kva 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 27114180 - Liquid dielectric transformers having a power handling capacity > .10 .000 kVA
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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