Western Africa: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Western Africa

In 2023, the West African non-electric bakery oven market was finally on the rise to reach $X for the first time since 2020, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a slight curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Non-Electric Bakery Oven Production in Western Africa

In value terms, non-electric bakery oven production reached $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Non-Electric Bakery Oven Exports

Exports in Western Africa

In 2023, exports of non-electric bakery ovens in Western Africa skyrocketed to X units, growing by X% compared with the year before. Overall, exports showed a buoyant increase. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, non-electric bakery oven exports surged to $X in 2023. In general, exports showed resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

In 2023, Ghana (X units) represented the key exporter of non-electric bakery ovens, mixing up X% of total exports. It was distantly followed by Senegal (X units), constituting a X% share of total exports. Cote d'Ivoire (X units), Togo (X units) and Nigeria (X units) took a little share of total exports.

Ghana was also the fastest-growing in terms of the non-electric bakery ovens exports, with a CAGR of X% from 2012 to 2023. At the same time, Nigeria (X%), Togo (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. By contrast, Senegal (X%) illustrated a downward trend over the same period. Ghana (X p.p.) and Nigeria (X p.p.) significantly strengthened its position in terms of the total exports, while Togo, Cote d'Ivoire and Senegal saw its share reduced by X%, X% and X% from 2012 to 2023, respectively.

In value terms, the largest non-electric bakery oven supplying countries in Western Africa were Senegal ($X), Cote d'Ivoire ($X) and Nigeria ($X), with a combined X% share of total exports.

Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2023, the export price in Western Africa amounted to $X per unit, waning by X% against the previous year. In general, the export price continues to indicate a perceptible setback. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2020; however, from 2021 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 Cote d'Ivoire ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced more modest paces of growth.

Non-Electric Bakery Oven Imports

Imports in Western Africa

In 2023, the amount of non-electric bakery ovens imported in Western Africa soared to X units, increasing by X% against the previous year. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2023, the growth of imports failed to regain momentum.

In value terms, non-electric bakery oven imports reached $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Ghana dominates imports structure, reaching X units, which was near X% of total imports in 2023. It was distantly followed by Nigeria (X units) and Mauritania (X units), together comprising a X% share of total imports. Sierra Leone (X units), Mali (X units), Cote d'Ivoire (X units), Burkina Faso (X units), Guinea (X units) and Togo (X units) took a relatively small share of total imports.

Ghana experienced a relatively flat trend pattern with regard to volume of imports of non-electric bakery ovens. At the same time, Mauritania (X%), Sierra Leone (X%), Togo (X%), Guinea (X%) and Mali (X%) displayed positive paces of growth. Moreover, Mauritania emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. By contrast, Burkina Faso (X%), Cote d'Ivoire (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of Ghana (X p.p.), Mauritania (X p.p.), Sierra Leone (X p.p.) and Togo (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Cote d'Ivoire (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported non-electric bakery ovens in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Burkina Faso, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria amounted to X%. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Burkina Faso (X% per year).

Import Prices by Country

In 2023, the import price in Western Africa amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price, however, recorded slight growth. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform