ECOWAS: Market for Insulated electric conductors for a voltage over 1000 V 2024

Exports of Insulated electric conductors for a voltage over 1000 V

Exports in ECOWAS

Exports of insulated electric conductors for a voltage over X v dropped markedly to X tons in 2022, which is down by X% against the previous year's figure. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, exports of insulated electric conductors for a voltage over X v shrank notably to $X in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire represented the key exporter of insulated electric conductors for a voltage over X v in ECOWAS, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Togo (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Senegal (X%), Benin (X%), Burkina Faso (X%) and Gambia (X%).

Exports from Cote d'Ivoire decreased at an average annual rate of X% from 2012 to 2022. At the same time, Benin (X%), Burkina Faso (X%) and Togo (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Gambia (X%) and Senegal (X%) illustrated a downward trend over the same period. Togo (X p.p.), Benin (X p.p.), Burkina Faso (X p.p.) and Gambia (X p.p.) significantly strengthened its position in terms of the total exports, while Senegal saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X), Togo ($X) and Senegal ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Gambia, Burkina Faso and Benin lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Burkina Faso, with a CAGR of X%, recorded the highest rates of growth with regard to 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, surging by X% against the previous year. In general, the export price, however, saw a abrupt decrease. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, 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 Togo ($X per ton), while Benin ($X per ton) was amongst the lowest.

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

Imports of Insulated electric conductors for a voltage over 1000 V

Imports in ECOWAS

In 2022, after two years of decline, there was growth in overseas purchases of insulated electric conductors for a voltage over X v, when their volume increased by X% to X tons. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of insulated electric conductors for a voltage over X v surged to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of insulated electric conductors for a voltage over X v in 2022 were Nigeria (X tons), Cote d'Ivoire (X tons) and Senegal (X tons), together accounting for X% of total import. It was distantly followed by Ghana (X tons), Burkina Faso (X tons) and Togo (X tons), together comprising an X% share of total imports. Guinea (X tons) took a relatively small share of total imports.

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

In value terms, the largest insulated electric conductors for a voltage over X v importing markets in ECOWAS were Nigeria ($X), Cote d'Ivoire ($X) and Senegal ($X), with a combined X% share of total imports. Ghana, Guinea, Burkina Faso and Togo lagged somewhat behind, together comprising a further X%.

Togo, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.

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 Guinea ($X per ton), while Togo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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