Western Africa: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Western Africa

The West African adhesive bandage market surged to $X in 2022, picking up by X% against the previous year. In general, consumption recorded a buoyant increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Adhesive Bandage Production in Western Africa

In value terms, adhesive bandage production skyrocketed to $X in 2022 estimated in export price. The total production indicated pronounced growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% 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.

Adhesive Bandage Exports

Exports in Western Africa

In 2022, adhesive bandage exports in Western Africa surged to X tons, growing by X% on the year before. Overall, exports, however, continue to indicate a slight slump. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, adhesive bandage exports reduced dramatically to $X in 2022. Over the period under review, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Senegal was the key exporter of adhesive bandages in Western Africa, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Niger (X kg), committing a X% share of total exports. The following exporters - Mali (X kg) and Sierra Leone (X kg) - each accounted for a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to adhesive bandage exports from Senegal stood at X%. Sierra Leone (X%), Niger (X%) and Mali (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mali (X p.p.) and Niger (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In terms of the main exporting countries, Sierra Leone, 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 a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. 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 ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Adhesive Bandage Imports

Imports in Western Africa

Adhesive bandage imports soared to X tons in 2022, growing by X% against 2021. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, adhesive bandage imports soared to $X in 2022. In general, imports recorded resilient growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Nigeria was the key importer of adhesive bandages in Western Africa, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Ghana (X tons), Burkina Faso (X tons) and Mali (X tons), together committing a X% share of total imports. The following importers - Cote d'Ivoire (X tons), Senegal (X tons) and Benin (X tons) - together made up X% of total imports.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Burkina Faso (X%), Mali (X%), Cote d'Ivoire (X%), Senegal (X%) and Benin (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Ghana experienced a relatively flat trend pattern. From 2012 to 2022, the share of Nigeria, Burkina Faso and Mali increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported adhesive bandages in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports. It was followed by Burkina Faso, with a X% share.

In Nigeria, adhesive bandage imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Burkina Faso (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Benin ($X per ton), while Burkina Faso ($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 more modest paces of growth.

Source: IndexBox Platform

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