Western Africa: Mechano-Therapy Appliances Market 2024

Mechano-Therapy Appliances Market Size in Western Africa

In 2022, the West African mechano-therapy appliances market decreased by X% to $X, falling for the second consecutive year after four years of growth. Overall, consumption, however, recorded a buoyant increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Mechano-Therapy Appliances Production in Western Africa

In value terms, mechano-therapy appliances production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production posted prominent growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Mechano-Therapy Appliances Exports

Exports in Western Africa

In 2022, the amount of mechano-therapy appliances and massage apparatus exported in Western Africa contracted markedly to X units, with a decrease of X% on 2021. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, mechano-therapy appliances exports shrank markedly to $X in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Cote d'Ivoire (X units) represented the major exporter of mechano-therapy appliances and massage apparatus, achieving X% of total exports. It was distantly followed by Ghana (X units) and Senegal (X units), together comprising a X% share of total exports. Mali (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Mali (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Ghana ($X), Senegal ($X) and Mali ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Mali, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices failed to regain momentum.

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

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

Mechano-Therapy Appliances Imports

Imports in Western Africa

In 2022, overseas purchases of mechano-therapy appliances and massage apparatus decreased by X% to X units, falling for the second year in a row after five years of growth. Over the period under review, imports continue to indicate a deep slump. 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 stood at a somewhat lower figure.

In value terms, mechano-therapy appliances imports contracted rapidly to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Nigeria was the largest importing country with an import of about X units, which finished at X% of total imports. It was distantly followed by Ghana (X units) and Senegal (X units), together mixing up a X% share of total imports. Cote d'Ivoire (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mechano-therapy appliances imports into Nigeria stood at X%. At the same time, Cote d'Ivoire (X%), Senegal (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. While the share of Ghana (X p.p.), Senegal (X p.p.) and Cote d'Ivoire (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nigeria (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported mechano-therapy appliances and massage apparatus in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Nigeria totaled X%. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Senegal (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per unit), while Nigeria ($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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