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Report Update: Dec 1, 2023

ECOWAS - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights

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ECOWAS: Refrigerated Vessel Market 2023

Refrigerated Vessel Imports

Imports in ECOWAS

In 2022, approx. X units of refrigerated vessels (ships) were imported in ECOWAS; declining by -11.1% on the previous year. Overall, imports, however, continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2019 with an increase of 200%. The volume of import peaked at X units in 2021, and then shrank in the following year.

In value terms, refrigerated vessel imports shrank modestly to $X in 2022. In general, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 67%. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

The countries with the highest levels of refrigerated vessel imports in 2022 were Liberia (X units), together resulting at 100% of total import.

Liberia was also the fastest-growing in terms of the refrigerated vessels (ships) imports, with a CAGR of +4.8% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Liberia ($X) constitutes the largest market for imported refrigerated vessels (ships) in ECOWAS.

In Liberia, refrigerated vessel imports expanded at an average annual rate of +3.9% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per unit, surging by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 151% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Liberia.

From 2012 to 2022, the rate of growth in terms of prices for Liberia amounted to -0.9% per year.

Source: IndexBox 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 refrigerated vessels (ships) in ECOWAS?

Liberia constituted the country with the largest volume of refrigerated vessel consumption, accounting for 100% of total volume.

What are the leading importers of refrigerated vessels (ships) in ECOWAS?

In value terms, Liberia constitutes the largest market for imported refrigerated vessels ships) in ECOWAS.

What is the average import price for refrigerated vessels (ships) in ECOWAS?

The import price in ECOWAS stood at $2,263,758 per unit in 2022, increasing by 12% against the previous year.

This report provides an in-depth analysis of the refrigerated vessel 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 30112300 - Refrigerated vessels, except tankers

Country coverage:

• Benin

• Burkina Faso

• Cabo Verde

• Cote d'Ivoire

• Gambia

• Ghana

• Guinea

• Guinea-Bissau

• Liberia

• Mali

• Niger

• Nigeria

• 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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

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