Report Western Africa - Electronic Instruments and Machines for Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Western Africa - Electronic Instruments and Machines for Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2022

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Western Africa

In 2021, the West African geometrical quantities electronic measurer market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption posted a prominent increase. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the immediate term.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in Western Africa

In value terms, geometrical quantities electronic measurer production reduced to $X in 2021 estimated in export price. The total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports in Western Africa

In 2021, shipments abroad of electronic instruments and machines for measuring geometrical quantities increased by X% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern. The volume of export peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, geometrical quantities electronic measurer exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a deep slump. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Senegal (X units), Cote d'Ivoire (X units) and Nigeria (X units), together reaching X% of total export. It was distantly followed by Sierra Leone (X units) and Ghana (X units), together creating a X% share of total exports. The following exporters - Burkina Faso (X units) and Mauritania (X units) - together made up X% of total exports.

From 2012 to 2021, the biggest increases were in Senegal (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Sierra Leone ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined X% share of total exports. These countries were followed by Senegal, Burkina Faso, Ghana and Mauritania, which together accounted for a further X terms of the main exporting countries, Burkina Faso, 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 more modest paces of growth.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per unit, declining by -X% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sierra Leone ($X per unit), while Senegal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Burkina Faso (+X%), while the other leaders experienced a decline in the export price figures.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports in Western Africa

For the fifth year in a row, Western Africa recorded growth in overseas purchases of electronic instruments and machines for measuring geometrical quantities, which increased by X% to X units in 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, geometrical quantities electronic measurer imports soared to $X in 2021. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

Nigeria was the major importer of electronic instruments and machines for measuring geometrical quantities in Western Africa, with the volume of imports accounting for X units, which was near X% of total imports in 2021. It was distantly followed by Ghana (X units), constituting a X% share of total imports. The following importers - Senegal (X units), Cote d'Ivoire (X units), Niger (X units) and Mali (X units) - together made up X% of total imports.

Nigeria was also the fastest-growing in terms of the electronic instruments and machines for measuring geometrical quantities imports, with a CAGR of +X% from 2012 to 2021. At the same time, Niger (+X%), Mali (+X%), Senegal (+X%), Ghana (+X%) and Cote d'Ivoire (+X%) displayed positive paces of growth. Nigeria (+X p.p.) significantly strengthened its position in terms of the total imports, while Senegal, Cote d'Ivoire and Ghana saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported electronic instruments and machines for measuring geometrical quantities in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.

In Nigeria, geometrical quantities electronic measurer imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (-X% per year) and Senegal (+X% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, reducing by -X% against the previous year. Overall, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. As a result, import price attained the peak level of $X per unit, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Nigeria ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for electronic instruments and machines for measuring geometrical quantities in Western Africa?
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Nigeria constituted the country with the largest volume of geometrical quantities electronic measurer consumption, comprising approx. 67% of total volume. Moreover, geometrical quantities electronic measurer consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Ghana, sixfold. Mauritania ranked third in terms of total consumption with a 5% share.
What are the largest producers of electronic instruments and machines for measuring geometrical quantities in Western Africa?
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The countries with the highest volumes of in 2021 were Mauritania and Sierra Leone.
What are the leading exporters of electronic instruments and machines for measuring geometrical quantities in Western Africa?
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In value terms, Nigeria, Sierra Leone and Cote d'Ivoire appeared to be the countries with the highest levels of exports in 2021, together comprising 65% of total exports. Senegal, Burkina Faso, Ghana and Mauritania lagged somewhat behind, together comprising a further 22%.
What are the leading importers of electronic instruments and machines for measuring geometrical quantities in Western Africa?
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In value terms, Nigeria constitutes the largest market for imported electronic instruments and machines for measuring geometrical quantities in Western Africa, comprising 93% of total imports. The second position in the ranking was held by Ghana, with a 1.9% share of total imports. It was followed by Senegal, with a 1.2% share.
What is the average export price for electronic instruments and machines for measuring geometrical quantities in Western Africa?
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The export price in Western Africa stood at $8 per unit in 2021, waning by -42.4% against the previous year.
What is the average import price for electronic instruments and machines for measuring geometrical quantities in Western Africa?
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The import price in Western Africa stood at $12 per unit in 2021, dropping by -26.7% against the previous year.

This report provides an in-depth analysis of the market for geometrical quantities electronic measurer in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Western Africa, split by region and country
• Trade (exports and imports) in Western Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Benin
• Burkina Faso
• Cabo Verde
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Niger
• Nigeria
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo
• Cote d'Ivoire
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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