ECOWAS: Medical Ultraviolet Market 2024

Medical Ultraviolet Market Size in ECOWAS

The ECOWAS medical ultraviolet market soared to $X in 2022, surging by X% against the previous year. The total consumption indicated a pronounced increase from 2012 to 2022: its value 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, consumption increased by X% against 2017 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Medical Ultraviolet Production in ECOWAS

In value terms, medical ultraviolet production rose to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Medical Ultraviolet Exports

Exports in ECOWAS

In 2022, approx. X tons of medical ultraviolet or infrared apparatus were exported in ECOWAS; with a decrease of X% on the previous year. Over the period under review, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank sharply in the following year.

In value terms, medical ultraviolet exports reduced rapidly to $X in 2022. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Sierra Leone was the key exporting country with an export of about X kg, which finished at X% of total exports. Nigeria (X kg) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Togo (X%). The following exporters - Cote d'Ivoire (X kg) and Ghana (X kg) - each recorded a X% share of total exports.

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

In value terms, Sierra Leone ($X), Nigeria ($X) and Togo ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Ghana and Cote d'Ivoire lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Ghana, with a CAGR of X%, saw 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, falling by X% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Medical Ultraviolet Imports

Imports in ECOWAS

In 2022, medical ultraviolet imports in ECOWAS rose rapidly to X tons, increasing by X% on the previous year. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, medical ultraviolet imports soared to $X in 2022. In general, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of medical ultraviolet imports in 2022 were Senegal (X tons), Benin (X tons) and Nigeria (X tons), together amounting to X% of total import. The following importers - Ghana (X tons), Cote d'Ivoire (X tons) and Niger (X tons) - together made up X% 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 Benin (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Benin ($X) constitutes the largest market for imported medical ultraviolet or infrared apparatus in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Senegal ($X), with an X% share of total imports. It was followed by Nigeria, with a X% share.

In Benin, medical ultraviolet imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Nigeria (X% per year).

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. In general, the import price posted a temperate increase. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. As a result, import price attained 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 Benin ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform