| Product Code: ETC5083006 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Burkina Faso`s import shipments have seen significant growth, with key exporting countries being China, Germany, Spain, Japan, and Finland in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 45.02% from 2020 to 2024 highlights the increasing demand for imports in Burkina Faso. Furthermore, the growth rate of 46.92% from 2023 to 2024 suggests a continued upward trajectory in import volumes, showcasing opportunities for both domestic and international businesses in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso Hoists Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Hoists Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Hoists Market - Industry Life Cycle |
3.4 Burkina Faso Hoists Market - Porter's Five Forces |
3.5 Burkina Faso Hoists Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Burkina Faso Hoists Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Burkina Faso Hoists Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development in Burkina Faso |
4.2.2 Growth in the mining industry, leading to higher demand for hoisting equipment |
4.2.3 Government initiatives to promote industrialization and economic development |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with hoists |
4.3.2 Limited technical expertise and skilled labor for operating and maintaining hoisting equipment in Burkina Faso |
5 Burkina Faso Hoists Market Trends |
6 Burkina Faso Hoists Market Segmentations |
6.1 Burkina Faso Hoists Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Hoists Market Revenues & Volume, By Manual Hoists, 2021-2031F |
6.1.3 Burkina Faso Hoists Market Revenues & Volume, By Electric Hoists, 2021-2031F |
6.1.4 Burkina Faso Hoists Market Revenues & Volume, By Air Hoists, 2021-2031F |
6.1.5 Burkina Faso Hoists Market Revenues & Volume, By Hydraulic Hoists, 2021-2031F |
6.2 Burkina Faso Hoists Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Hoists Market Revenues & Volume, By Marinas and Shipyards, 2021-2031F |
6.2.3 Burkina Faso Hoists Market Revenues & Volume, By Construction Sites, 2021-2031F |
6.2.4 Burkina Faso Hoists Market Revenues & Volume, By Factories, 2021-2031F |
7 Burkina Faso Hoists Market Import-Export Trade Statistics |
7.1 Burkina Faso Hoists Market Export to Major Countries |
7.2 Burkina Faso Hoists Market Imports from Major Countries |
8 Burkina Faso Hoists Market Key Performance Indicators |
8.1 Average utilization rate of hoists in Burkina Faso |
8.2 Frequency of maintenance and downtime of hoisting equipment |
8.3 Training and certification levels of operators and maintenance personnel in the hoisting industry |
9 Burkina Faso Hoists Market - Opportunity Assessment |
9.1 Burkina Faso Hoists Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Burkina Faso Hoists Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Burkina Faso Hoists Market - Competitive Landscape |
10.1 Burkina Faso Hoists Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Hoists Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |