Report ECOWAS - Radar Apparatus, Radio Navigational Aid Apparatus and Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 10, 2023

ECOWAS - Radar Apparatus, Radio Navigational Aid Apparatus and Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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ECOWAS: Radar Apparatus Market 2023

Radar Apparatus Market Size in ECOWAS

In 2021, after two years of decline, there was growth in the ECOWAS radar apparatus market, when its value increased by 2.6% to $X. In general, consumption continues to indicate a slight decline. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Radar Apparatus Production in ECOWAS

In value terms, radar apparatus production stood at $X in 2021 estimated in export price. Overall, production, however, recorded a mild reduction. The growth pace was the most rapid in 2017 when the production volume increased by 33%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports in ECOWAS

In 2021, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported in ECOWAS totaled X tons, increasing by 4.2% against the previous year's figure. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2015 with an increase of 72%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, radar apparatus exports contracted modestly to $X in 2021. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 69%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Togo (X tons) and Senegal (X tons) represented the key exporters of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in 2021, accounting for near 33% and 29% of total exports, respectively. Cote d'Ivoire (X kg) took an 8.9% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (6.3%) and Guinea-Bissau (5.7%). Ghana (X kg), Benin (X kg) and Guinea (X kg) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Guinea-Bissau (with a CAGR of +90.6%), while the other leaders experienced more modest paces of growth.

In value terms, Togo ($X), Senegal ($X) and Nigeria ($X) were the countries with the highest levels of exports in 2021, with a combined 55% share of total exports. These countries were followed by Cote d'Ivoire, Guinea-Bissau, Ghana, Benin and Guinea, which together accounted for a further 25%.

Guinea-Bissau, with a CAGR of +162.9%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2021, falling by -6.4% against the previous year. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of 25%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Nigeria ($X per ton), while Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guinea-Bissau (+37.9%), while the other leaders experienced more modest paces of growth.

Radar Apparatus Imports

Imports in ECOWAS

For the third year in a row, ECOWAS recorded decline in purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which decreased by -72.3% to X tons in 2021. Over the period under review, imports saw a slight setback. The pace of growth was the most pronounced in 2018 when imports increased by 1,402%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, radar apparatus imports amounted to $X in 2021. Overall, imports, however, showed a resilient increase. The growth pace was the most rapid in 2019 when imports increased by 172% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Ghana was the key importing country with an import of about X tons, which recorded 39% of total imports. Burkina Faso (X tons) held the second position in the ranking, followed by Senegal (X tons), Nigeria (X tons) and Cote d'Ivoire (X tons). All these countries together held approx. 52% share of total imports. The following importers - Guinea (X tons) and Niger (X tons) - each amounted to a 4.2% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to radar apparatus imports into Ghana stood at +10.2%. At the same time, Burkina Faso (+35.0%), Senegal (+22.2%), Niger (+5.9%) and Cote d'Ivoire (+4.9%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +35.0% from 2012-2021. By contrast, Guinea (-10.6%) and Nigeria (-18.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Ghana, Burkina Faso, Senegal and Cote d'Ivoire increased by +24, +18, +10 and +4.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus in ECOWAS, comprising 31% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 13% share of total imports. It was followed by Nigeria, with a 13% share.

In Ghana, radar apparatus imports expanded at an average annual rate of +12.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (+30.4% per year) and Nigeria (-3.0% per year).

Import Prices by Country

In 2021, the import price in ECOWAS amounted to $X per ton, jumping by 312% against the previous year. Overall, the import price enjoyed a prominent increase. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Niger ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+24.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for radar apparatus, radio navigational aid apparatus and radio remote control apparatus in ECOWAS?
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Nigeria remains the largest radar apparatus consuming country in ECOWAS, accounting for 85% of total volume. Moreover, radar apparatus consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Benin, more than tenfold. Togo ranked third in terms of total consumption with a 3.8% share.
What are the largest producers of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in ECOWAS?
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Nigeria remains the largest radar apparatus producing country in ECOWAS, accounting for 88% of total volume. Moreover, radar apparatus production in Nigeria exceeded the figures recorded by the second-largest producer, Benin, more than tenfold. Togo ranked third in terms of total production with a 4.2% share.
What are the leading exporters of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in ECOWAS?
+
In value terms, Burkina Faso, Togo and Mali appeared to be the countries with the highest levels of exports in 2021, together comprising 61% of total exports.
What are the leading importers of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in ECOWAS?
+
In value terms, Senegal, Niger and Ghana constituted the countries with the highest levels of imports in 2021, together accounting for 68% of total imports.
What is the average export price for radar apparatus, radio navigational aid apparatus and radio remote control apparatus in ECOWAS?
+
The export price in ECOWAS stood at $58 per unit in 2021, picking up by 151% against the previous year.
What is the average import price for radar apparatus, radio navigational aid apparatus and radio remote control apparatus in ECOWAS?
+
The import price in ECOWAS stood at $8.4 per unit in 2021, rising by 49% against the previous year.

This report provides an in-depth analysis of the radar apparatus market in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 26512020 - Radar apparatus
• Prodcom 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
• Prodcom 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Senegal
• Sierra Leone
• Togo

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in ECOWAS, split by region and country
• Trade (exports and imports) in ECOWAS
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Benin
• Burkina Faso
• Cabo Verde
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Niger
• Nigeria
• Senegal
• Sierra Leone
• Togo
• Cote d'Ivoire
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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