ECOWAS: Market for Gas and Smoke Analysers 2024

Market Size for Gas and Smoke Analysers in ECOWAS

The ECOWAS gas and smoke analyser market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, showed a prominent expansion. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Gas and Smoke Analysers in ECOWAS

In value terms, gas and smoke analyser production stood at $X in 2022 estimated in export price. Overall, production, however, enjoyed resilient growth. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Gas and Smoke Analysers

Exports in ECOWAS

In 2022, approx. X units of gas and smoke analysers were exported in ECOWAS; with an increase of X% compared with the previous year's figure. Overall, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gas and smoke analyser exports soared to $X in 2022. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Benin (X units) and Ghana (X units), together making up a X% share of total exports. Burkina Faso (X units) and Senegal (X units) took a relatively small share of total exports.

Cote d'Ivoire was also the fastest-growing in terms of the gas and smoke analysers exports, with a CAGR of X% from 2012 to 2022. At the same time, Benin (X%), Ghana (X%), Burkina Faso (X%) and Senegal (X%) displayed positive paces of growth. While the share of Cote d'Ivoire (X p.p.), Benin (X p.p.), Ghana (X p.p.) and Burkina Faso (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) emerged as the largest gas and smoke analyser supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Burkina Faso, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana amounted to X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Burkina Faso (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2014 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 Ghana ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (X%), while the other leaders experienced a decline in the export price figures.

Imports of Gas and Smoke Analysers

Imports in ECOWAS

In 2022, approx. X units of gas and smoke analysers were imported in ECOWAS; with an increase of X% against 2021. Over the period under review, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gas and smoke analyser imports soared to $X in 2022. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Nigeria dominates imports structure, accounting for X units, which was near X% of total imports in 2022. Senegal (X units) ranks second in terms of the total imports with an X% share, followed by Cote d'Ivoire (X%). The following importers - Ghana (X units), Burkina Faso (X units) and Benin (X units) - together made up X% of total imports.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Benin (X%), Burkina Faso (X%), Senegal (X%), Cote d'Ivoire (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. While the share of Nigeria (X p.p.), Senegal (X p.p.), Burkina Faso (X p.p.) and Benin (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Cote d'Ivoire (X p.p.) and Ghana (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported gas and smoke analysers in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with an X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

In Nigeria, gas and smoke analyser imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per unit, falling by X% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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