Western Africa: Monitors And Projectors Market 2024

Monitors And Projectors Market Size in Western Africa

The West African monitors and projectors market amounted to $X in 2022, increasing by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Monitors And Projectors Production in Western Africa

In value terms, monitors and projectors production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 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.

Monitors And Projectors Exports

Exports in Western Africa

In 2022, overseas shipments of monitors and projectors decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, monitors and projectors exports stood at $X in 2022. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Ghana (X units) and Nigeria (X units), together recording X% of total export.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%).

In value terms, Nigeria ($X) remains the largest monitors and projectors supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with an X% share of total exports.

In Nigeria, monitors and projectors exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 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 Nigeria ($X per unit), while Ghana totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%).

Monitors And Projectors Imports

Imports in Western Africa

In 2022, overseas purchases of monitors and projectors increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, monitors and projectors imports rose rapidly to $X in 2022. Over the period under review, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ghana (X units) and Nigeria (X units) represented the key importers of monitors and projectors in Western Africa, together comprising X% of total imports. Cote d'Ivoire (X units) ranks next in terms of the total imports with an X% share, followed by Benin (X%), Burkina Faso (X%) and Mali (X%). Togo (X units) and Cabo Verde (X units) 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, the largest monitors and projectors importing markets in Western Africa were Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X), together comprising X% of total imports. Burkina Faso, Mali, Cabo Verde, Benin and Togo lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Mali, with a CAGR of X%, saw 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 unit, approximately reflecting the previous year. In general, the import price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 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 Ghana ($X per unit), while Togo ($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 a decline in the import price figures.

Source: IndexBox Platform

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