ECOWAS: Antisera Market 2023

Antisera Market Size in ECOWAS

The ECOWAS antisera market reached $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, enjoyed a resilient expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Antisera Production in ECOWAS

In value terms, antisera production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Antisera Exports

Exports in ECOWAS

In 2022, after two years of growth, there was significant decline in overseas shipments of antisera and other blood fractions, when their volume decreased by X% to X tons. Overall, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, antisera exports shrank notably to $X in 2022. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted sharply in the following year.

Exports by Country

In 2022, Nigeria (X kg) represented the main exporter of antisera and other blood fractions, mixing up X% of total exports. Ghana (X kg) ranks second in terms of the total exports with a X% share, followed by Togo (X%) and Burkina Faso (X%). The following exporters - Cote d'Ivoire (X kg), Mali (X kg) and Senegal (X kg) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Ghana (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Togo ($X) and Ghana ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Burkina Faso, Mali, Senegal and Cote d'Ivoire lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Burkina Faso, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Togo ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced more modest paces of growth.

Antisera Imports

Imports in ECOWAS

In 2022, after two years of growth, there was significant decline in supplies from abroad of antisera and other blood fractions, when their volume decreased by X% to X tons. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, antisera imports reduced to $X in 2022. Overall, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Nigeria (X tons) and Togo (X tons) represented roughly X% of total imports in 2022. Ghana (X tons) held the next position in the ranking, followed by Cote d'Ivoire (X tons). All these countries together held near X% share of total imports. Mali (X tons), Niger (X tons) and Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mali (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest antisera importing markets in ECOWAS were Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports. Mali, Guinea, Niger and Togo lagged somewhat behind, together comprising a further X%.

Mali, with a CAGR of X%, recorded 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 2022, the import price in ECOWAS amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mali ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :