ECOWAS: Chromatograph Market 2024

Chromatograph Market Size in ECOWAS

The ECOWAS chromatograph market declined remarkably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, continues to indicate a strong expansion. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Chromatograph Production in ECOWAS

In value terms, chromatograph production contracted remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Chromatograph Exports

Exports in ECOWAS

In 2022, overseas shipments of chromatographs and electrophoresis instruments decreased by X% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports, however, showed slight growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, chromatograph exports shrank significantly to $X in 2022. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Ghana (X units), Cote d'Ivoire (X units) and Togo (X units) was the largest exporter of chromatographs and electrophoresis instruments in ECOWAS, constituting X% of total export. It was distantly followed by Senegal (X units), mixing up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Cote d'Ivoire (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest chromatograph supplying countries in ECOWAS were Senegal ($X), Togo ($X) and Ghana ($X), with a combined X% share of total exports.

Among the main exporting countries, Togo, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price saw a deep slump. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per unit), while Cote d'Ivoire ($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 a decline in the export price figures.

Chromatograph Imports

Imports in ECOWAS

In 2022, the amount of chromatographs and electrophoresis instruments imported in ECOWAS reduced sharply to X units, shrinking by X% on the year before. In general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, chromatograph imports shrank notably to $X in 2022. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ghana (X units) was the key importer of chromatographs and electrophoresis instruments, constituting X% of total imports. Mali (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Nigeria (X%), Cote d'Ivoire (X%) and Benin (X%). Burkina Faso (X units), Senegal (X units), Sierra Leone (X units), Gambia (X units), Guinea (X units), Liberia (X units), Niger (X units) and Togo (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to chromatograph imports into Ghana stood at X%. At the same time, Mali (X%), Liberia (X%), Benin (X%), Sierra Leone (X%), Guinea (X%), Gambia (X%), Nigeria (X%), Niger (X%), Cote d'Ivoire (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. Burkina Faso experienced a relatively flat trend pattern. By contrast, Togo (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mali, Benin and Togo increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Mali, Senegal, Niger, Benin, Sierra Leone, Burkina Faso, Gambia, Togo, Guinea and Liberia lagged somewhat behind, together accounting for a further X%.

Benin, 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 ECOWAS amounted to $X per unit, waning by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked 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 Niger ($X per unit), while Benin ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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