Western Africa: Calculator Market 2024

Calculator Exports

Exports in Western Africa

In 2022, exports of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in Western Africa contracted remarkably to X units, waning by X% against the year before. Over the period under review, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, calculator exports reduced modestly to $X in 2022. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ghana was the main exporting country with an export of about X units, which resulted at X% of total exports. Cote d'Ivoire (X units) took the second position in the ranking, distantly followed by Liberia (X units) and Mali (X units). All these countries together took approx. X% share of total exports.

Exports from Ghana decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mali (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Liberia (X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (X p.p.), Liberia (X p.p.) and Mali (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (X p.p.) displayed negative dynamics.

In value terms, Ghana ($X) remains the largest calculator supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Liberia ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

In Ghana, calculator exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Liberia (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Ghana ($X per unit), while Cote d'Ivoire ($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 more modest paces of growth.

Calculator Imports

Imports in Western Africa

In 2022, supplies from abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports showed a mild downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, calculator imports reached $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ghana represented the main importing country with an import of around X units, which amounted to X% of total imports. Senegal (X units) ranks second in terms of the total imports with a X% share, followed by Guinea (X%), Gambia (X%), Nigeria (X%), Sierra Leone (X%) and Cote d'Ivoire (X%).

From 2012 to 2022, average annual rates of growth with regard to calculator imports into Ghana stood at X%. At the same time, Gambia (X%), Senegal (X%), Guinea (X%) and Sierra Leone (X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, 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. While the share of Ghana (X p.p.), Senegal (X p.p.), Gambia (X p.p.) and Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Cote d'Ivoire (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest calculator importing markets in Western Africa were Nigeria ($X), Ghana ($X) and Guinea ($X), with a combined X% share of total imports. Cote d'Ivoire, Senegal, Sierra Leone and Gambia lagged somewhat behind, together comprising a further X%.

Gambia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

In 2022, the import price in Western Africa amounted to $X per unit, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 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 ($X per unit), while Gambia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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