Western Africa: Disc Pick-Up Cartridge Market 2024

Disc Pick-Up Cartridge Market Size in Western Africa

The West African disc pick-up cartridge market stood at $X in 2022, stabilizing at the previous year. Overall, consumption, however, enjoyed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Disc Pick-Up Cartridge Production in Western Africa

In value terms, disc pick-up cartridge production stood at $X in 2022 estimated in export price. In general, production, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Disc Pick-Up Cartridge Exports

Exports in Western Africa

In 2022, the amount of pick-up cartridges for discs or mechanically recorded sound films exported in Western Africa soared to X units, with an increase of X% compared with the year before. Overall, exports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, disc pick-up cartridge exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a sharp contraction. The growth pace was the most rapid 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 failed to regain momentum.

Exports by Country

The shipments of the one major exporters of pick-up cartridges for discs or mechanically recorded sound films, namely Cote d'Ivoire, represented more than two-thirds of total export.

Cote d'Ivoire was also the fastest-growing in terms of the pick-up cartridges for discs or mechanically recorded sound films exports, with a CAGR of X% from 2012 to 2022. While the share of Cote d'Ivoire (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) also remains the largest disc pick-up cartridge supplier in Western Africa.

In Cote d'Ivoire, disc pick-up cartridge exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, saw a abrupt setback. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.

Disc Pick-Up Cartridge Imports

Imports in Western Africa

Disc pick-up cartridge imports shrank markedly to X units in 2022, with a decrease of X% on 2021 figures. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, disc pick-up cartridge imports shrank sharply to $X in 2022. Overall, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mauritania dominates imports structure, reaching X units, which was approx. X% of total imports in 2022. The following importers - Mali (X units) and Niger (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to disc pick-up cartridge imports into Mauritania stood at X%. At the same time, Mali (X%) and Niger (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. While the share of Mauritania (X p.p.) and Mali (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mali ($X) constitutes the largest market for imported pick-up cartridges for discs or mechanically recorded sound films in Western Africa, comprising X% of total imports. The second position in the ranking was held by Mauritania ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Mali amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Mauritania (X% per year) and Niger (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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 ($X per unit), while Mauritania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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