ECOWAS: Video Projector Market 2024

Video Projector Market Size in ECOWAS

In 2022, the ECOWAS video projector market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, continues to indicate a abrupt descent. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Video Projector Production in ECOWAS

In value terms, video projector production soared to $X in 2022 estimated in export price. Overall, production posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X,240% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Video Projector Exports

Exports in ECOWAS

Video projector exports skyrocketed to X units in 2022, jumping by X% compared with the previous year. Overall, exports posted a temperate expansion. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, video projector exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a noticeable decline. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Senegal (X units) represented the key exporter of video projectors, comprising X% of total exports. Cote d'Ivoire (X units) ranks second in terms of the total exports with a X% share, followed by Nigeria (X%) and Togo (X%). Burkina Faso (X units) followed a long way behind the leaders.

Exports from Senegal increased at an average annual rate of X% from 2012 to 2022. At the same time, Togo (X%) and Burkina Faso (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Cote d'Ivoire (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Senegal and Togo increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest video projector supplying countries in ECOWAS were Senegal ($X), Nigeria ($X) and Cote d'Ivoire ($X), together accounting for X% of total exports. Togo and Burkina Faso lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Togo, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while Burkina Faso ($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 export price figures.

Video Projector Imports

Imports in ECOWAS

In 2022, purchases abroad of video projectors increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, video projector imports shrank to $X in 2022. In general, imports enjoyed slight growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Senegal (X units) and Nigeria (X units) dominates imports structure, together mixing up X% of total imports. It was distantly followed by Ghana (X units), generating a X% share of total imports. The following importers - Burkina Faso (X units) and Cote d'Ivoire (X units) - each finished at a X% 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 Nigeria (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Ghana ($X), Nigeria ($X) and Senegal ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Nigeria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 unit in 2022, dropping by X% against the previous year. In general, the import price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then dropped sharply in the following year.

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 ($X per unit), while Senegal ($X per unit) 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.

Source: IndexBox Platform

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