Western Africa: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Western Africa

In 2023, the West African straw for fodder balers market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Overall, consumption saw a mild expansion. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Production of Straw Or Fodder Balers, Including Pickup Balers in Western Africa

In value terms, straw for fodder balers production totaled $X in 2023 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth remained at a somewhat lower figure.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in Western Africa

In 2023, approx. X units of straw or fodder balers, including pickup balers were exported in Western Africa; jumping by X% on the previous year. In general, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, straw for fodder balers exports skyrocketed to $X in 2023. Over the period under review, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Niger (X units) represented the largest exporter of straw or fodder balers, including pickup balers, mixing up X% of total exports. It was distantly followed by Ghana (X units), achieving a X% share of total exports.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Niger (with a CAGR of X%).

In value terms, Niger ($X) emerged as the largest straw for fodder balers supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports.

In Niger, straw for fodder balers exports increased at an average annual rate of X% over the period from 2013-2023.

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. Export price indicated a resilient increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, straw for fodder balers export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Niger ($X per unit), while Ghana amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Niger (X%).

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports in Western Africa

In 2023, purchases abroad of straw or fodder balers, including pickup balers increased by X% to X units for the first time since 2020, thus ending a two-year declining trend. In general, imports, however, continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X units. From 2021 to 2023, the growth of imports failed to regain momentum.

In value terms, straw for fodder balers imports soared to $X in 2023. Over the period under review, imports, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.

Imports by Country

Nigeria represented the key importer of straw or fodder balers, including pickup balers in Western Africa, with the volume of imports amounting to X units, which was near X% of total imports in 2023. Ghana (X units) ranks second in terms of the total imports with a X% share, followed by Senegal (X%), Burkina Faso (X%), Gambia (X%) and Mauritania (X%). Cote d'Ivoire (X units) took a relatively small share of total imports.

Nigeria experienced a relatively flat trend pattern with regard to volume of imports of straw or fodder balers, including pickup balers. At the same time, Burkina Faso (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. Cote d'Ivoire experienced a relatively flat trend pattern. By contrast, Gambia (X%), Mauritania (X%) and Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Nigeria, Burkina Faso, Senegal and Cote d'Ivoire 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, Nigeria ($X) constitutes the largest market for imported straw or fodder balers, including pickup balers in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with a X% share of total imports. It was followed by Gambia, with a X% share.

In Nigeria, straw for fodder balers imports decreased by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Senegal (X% per year) and Gambia (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2023, with an increase of X% against the previous year. Import price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, straw for fodder balers import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform