ECOWAS: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in ECOWAS

The ECOWAS market for liquid or compressed air and distilled or conductivity water skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption posted a buoyant increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in ECOWAS

In value terms, liquid air and distilled water production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports in ECOWAS

Liquid air and distilled water exports fell remarkably to X tons in 2022, waning by X% on the year before. In general, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, liquid air and distilled water exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a perceptible reduction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire represented the key exporter of liquid or compressed air and distilled or conductivity water in ECOWAS, with the volume of exports accounting for X kg, which was near X% of total exports in 2022. Nigeria (X kg) ranks second in terms of the total exports with a X% share, followed by Togo (X%) and Senegal (X%). Cabo Verde (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X) emerged as the largest liquid air and distilled water supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Togo, with a X% share.

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

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports in ECOWAS

Liquid air and distilled water imports soared to X tons in 2022, with an increase of X% compared with the previous year. Total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, liquid air and distilled water imports surged to $X in 2022. Overall, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria (X tons) and Cabo Verde (X tons) represented roughly X% of total imports in 2022. Ghana (X tons) held the next position in the ranking, followed by Niger (X tons) and Senegal (X tons). All these countries together held near X% share of total imports. Gambia (X tons) and Guinea-Bissau (X tons) held a minor share of total imports.

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

In value terms, Nigeria ($X), Ghana ($X) and Gambia ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Gambia, with a CAGR of X%, saw 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

The import price in ECOWAS stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 Ghana ($X per ton), while Cabo Verde ($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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