ECOWAS: Market for Ceramic Wares For Laboratory Or Technical Uses 2025

Market Size for Ceramic Wares For Laboratory Or Technical Uses in ECOWAS

The ECOWAS market for ceramic wares for laboratory or technical uses shrank slightly to $X in 2022, waning by -2.7% against the previous year. The total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.7% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Ceramic Wares For Laboratory Or Technical Uses in ECOWAS

In value terms, production of ceramic wares for laboratory or technical uses declined modestly to $X in 2022 estimated in export price. The total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.2% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 60%. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports in ECOWAS

In 2022, shipments abroad of ceramic wares for laboratory or technical uses increased by 24% to X tons, rising for the second year in a row after two years of decline. In general, exports saw a noticeable expansion. The pace of growth was the most pronounced in 2014 when exports increased by 809% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ceramic wares for laboratory or technical uses surged to $X in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 441% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, Nigeria (X tons) was the major exporter of ceramic wares for laboratory or technical uses, comprising 58% of total exports. It was distantly followed by Ghana (X tons), comprising a 38% share of total exports. Sierra Leone (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +64.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Nigeria ($X) remains the largest ceramic wares for laboratory or technical uses supplier in ECOWAS, comprising 89% of total exports. The second position in the ranking was held by Ghana ($X), with a 5.3% share of total exports.

In Nigeria, exports of ceramic wares for laboratory or technical uses expanded at an average annual rate of +71.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (+5.8% per year) and Sierra Leone (0.0% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, picking up by 163% against the previous year. Over the period under review, the export price saw a significant expansion. The growth pace was the most rapid in 2015 when the export price increased by 918% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+11.1%).

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports in ECOWAS

In 2022, imports of ceramic wares for laboratory or technical uses in ECOWAS dropped rapidly to X tons, with a decrease of -28.2% against the previous year. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 222% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of ceramic wares for laboratory or technical uses totaled $X in 2022. In general, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by 111%. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Nigeria was the key importer of ceramic wares for laboratory or technical uses in ECOWAS, with the volume of imports accounting for X tons, which was near 51% of total imports in 2022. Ghana (X tons) ranks second in terms of the total imports with a 14% share, followed by Cote d'Ivoire (10%), Mali (8.6%), Gambia (6.7%) and Burkina Faso (4.8%). Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to ceramic wares for laboratory or technical uses imports into Nigeria stood at -1.6%. At the same time, Gambia (+37.5%), Guinea (+30.4%), Cote d'Ivoire (+28.0%) and Burkina Faso (+15.5%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +37.5% from 2012-2022. By contrast, Ghana (-4.3%) and Mali (-7.5%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (+9.2 p.p.), Gambia (+6.4 p.p.), Burkina Faso (+3.7 p.p.) and Guinea (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nigeria (-6.5 p.p.), Ghana (-6.8 p.p.) and Mali (-9.3 p.p.) displayed negative dynamics.

In value terms, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of imports in 2022, with a combined 81% share of total imports. Mali, Gambia, Burkina Faso and Guinea lagged somewhat behind, together accounting for a further 11%.

Gambia, with a CAGR of +26.8%, saw 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 ton, surging by 53% against the previous year. In general, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the import price increased by 68%. The level of import peaked at $X per ton in 2017; however, from 2018 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 Ghana ($X per ton), while Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+11.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform