ECOWAS: Semiconductor Thyristor Market 2024

Semiconductor Thyristor Market Size in ECOWAS

The ECOWAS semiconductor thyristor market shrank to $X in 2022, declining by X% against the previous year. Overall, consumption saw a moderate increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Semiconductor Thyristor Production in ECOWAS

In value terms, semiconductor thyristor production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Semiconductor Thyristor Exports

Exports in ECOWAS

In 2022, the amount of semiconductor thyristors, diacs and triacs exported in ECOWAS skyrocketed to X units, rising by X% against the previous year. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, semiconductor thyristor exports surged to $X in 2022. Overall, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Senegal was the major exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Ghana (X units), comprising a X% share of total exports. Sierra Leone (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to semiconductor thyristor exports from Senegal stood at X%. At the same time, Ghana (X%) and Sierra Leone (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Senegal, Ghana and Sierra Leone increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sierra Leone ($X), Senegal ($X) and Ghana ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Ghana, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the export price in ECOWAS amounted to $X per unit, reducing by X% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices failed to regain momentum.

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 ($X per unit), while Ghana ($X per unit) 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 mixed trends in the export price figures.

Semiconductor Thyristor Imports

Imports in ECOWAS

For the third consecutive year, ECOWAS recorded growth in overseas purchases of semiconductor thyristors, diacs and triacs, which increased by X% to X units in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, semiconductor thyristor imports surged to $X in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Togo dominates imports structure, resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Nigeria (X units), mixing up a X% share of total imports. Benin (X units) and Senegal (X units) followed a long way behind the leaders.

Togo was also the fastest-growing in terms of the semiconductor thyristors, diacs and triacs imports, with a CAGR of X% from 2012 to 2022. At the same time, Benin (X%), Senegal (X%) and Nigeria (X%) displayed positive paces of growth. While the share of Togo (X p.p.) and Benin (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Togo ($X) constitutes the largest market for imported semiconductor thyristors, diacs and triacs in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Togo stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Senegal (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per unit), while Benin (less than $X per unit) 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 a decline in the import price figures.

Source: IndexBox Platform

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