Western Africa: Gps Navigator Market 2024

Gps Navigator Market Size in Western Africa

The West African GPS navigator market rose notably to $X in 2023, picking up by X% against the previous year. Overall, consumption enjoyed a notable increase. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Gps Navigator Production in Western Africa

In value terms, GPS navigator production totaled $X in 2023 estimated in export price. Over the period under review, production saw a pronounced expansion. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Gps Navigator Exports

Exports in Western Africa

GPS navigator exports fell to X units in 2023, declining by X% against the previous year's figure. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, GPS navigator exports fell remarkably to $X in 2023. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of export peaked at $X in 2022, and then dropped markedly in the following year.

Exports by Country

The biggest shipments were from Mali (X units), Ghana (X units), Sierra Leone (X units), Burkina Faso (X units), Nigeria (X units) and Togo (X units), together reaching X% of total export. Cote d'Ivoire (X units) held a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Togo (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) remains the largest GPS navigator supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports. It was followed by Burkina Faso, with a X% share.

In Nigeria, GPS navigator exports shrank by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Burkina Faso (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2023, reducing by X% against the previous year. In general, the export price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2014 an increase of X%. The level of export peaked at $X per unit in 2022, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while Sierra Leone ($X per unit) was amongst the lowest.

From 2012 to 2023, 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.

Gps Navigator Imports

Imports in Western Africa

In 2023, gps navigator imports in Western Africa reduced modestly to X units, leveling off at the year before. Overall, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, GPS navigator imports amounted to $X in 2023. In general, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Ghana (X units) and Mali (X units) represented the key importers of aeronautical or space navigation instruments and appliances in 2023, accounting for approx. X% and X% of total imports, respectively. Senegal (X units) ranks next in terms of the total imports with an X% share, followed by Nigeria (X%), Mauritania (X%) and Cabo Verde (X%). Niger (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Nigeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest GPS navigator importing markets in Western Africa were Nigeria ($X), Ghana ($X) and Mali ($X), with a combined X% share of total imports. Mauritania, Senegal, Niger and Cabo Verde lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Niger, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Western Africa amounted to $X per unit, flattening at the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Niger ($X per unit), while Mali ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Niger (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform