Western Africa: Antisera Market 2023

Antisera Market Size in Western Africa

The West African antisera market reached $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a buoyant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Antisera Production in Western Africa

In value terms, antisera production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, showed buoyant growth. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Antisera Exports

Exports in Western Africa

After two years of growth, shipments abroad of antisera and other blood fractions decreased by X% to X tons in 2022. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, antisera exports fell markedly to $X in 2022. In general, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then contracted markedly in the following year.

Exports by Country

Nigeria was the key exporter of antisera and other blood fractions in Western Africa, with the volume of exports reaching X kg, which was approx. X% of total exports in 2022. It was distantly followed by Ghana (X kg), Togo (X kg) and Burkina Faso (X kg), together committing a X% share of total exports. Cote d'Ivoire (X kg), Mali (X kg) and Senegal (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Togo ($X) and Ghana ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Burkina Faso, Mali, Senegal and Cote d'Ivoire lagged somewhat behind, together accounting for a further X%.

Burkina Faso, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The export price in Western Africa stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price showed a slight decline. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Togo ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced more modest paces of growth.

Antisera Imports

Imports in Western Africa

After two years of growth, overseas purchases of antisera and other blood fractions decreased by X% to X tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell notably in the following year.

In value terms, antisera imports fell to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Nigeria (X tons) and Togo (X tons) were the key importers of antisera and other blood fractions in 2022, resulting at near X% and X% of total imports, respectively. Ghana (X tons) ranks next in terms of the total imports with an X% share, followed by Cote d'Ivoire (X%). Mali (X tons), Niger (X tons) and Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Mali (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Mali, Guinea, Niger and Togo lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Mali, 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 2022, the import price in Western Africa amounted to $X per ton, surging by X% against the previous year. Overall, the import price enjoyed resilient growth. The growth pace was the most rapid in 2016 an increase of X%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Mali ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :