ECOWAS - Dental Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Dental Fitting Market 2024
Dental Fitting Market Size in ECOWAS
The ECOWAS dental fitting market fell to $X in 2022, with a decrease of -6.8% against the previous year. Overall, consumption, however, showed buoyant growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
Dental Fitting Production in ECOWAS
In value terms, dental fitting production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 90% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.
Dental Fitting Exports
Exports in ECOWAS
In 2022, the amount of dental fittings exported in ECOWAS skyrocketed to X kg, rising by 41% compared with 2021. Overall, exports, however, saw a mild shrinkage. The growth pace was the most rapid in 2016 with an increase of 212% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.
In value terms, dental fitting exports shrank dramatically to $X in 2022. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by 278%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
Exports by Country
In 2022, Nigeria (X kg) and Togo (X kg) represented the key exporter of dental fittings in ECOWAS, generating 97% of total export.
From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +7.2%).
In value terms, Nigeria ($X) remains the largest dental fitting supplier in ECOWAS, comprising 87% of total exports. The second position in the ranking was held by Togo ($X), with a 3.2% share of total exports.
From 2012 to 2022, the average annual growth rate of value in Nigeria stood at -11.4%.
Export Prices by Country
In 2022, the export price in ECOWAS amounted to $X per ton, dropping by -68.9% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 284%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Togo totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (-7.1%).
Dental Fitting Imports
Imports in ECOWAS
In 2022, supplies from abroad of dental fittings decreased by -15.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 972%. The volume of import peaked at X tons in 2021, and then contracted markedly in the following year.
In value terms, dental fitting imports reduced notably to $X in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 2,479% against the previous year. The level of import peaked at $X in 2021, and then fell sharply in the following year.
Imports by Country
In 2022, Nigeria (X tons) represented the key importer of dental fittings in ECOWAS, achieving 99% of total import.
Nigeria was also the fastest-growing in terms of the dental fittings imports, with a CAGR of +45.9% from 2012 to 2022. While the share of Nigeria (+17 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) constitutes the largest market for imported dental fittings in ECOWAS.
In Nigeria, dental fitting imports increased at an average annual rate of +49.2% over the period from 2012-2022.
Import Prices by Country
The import price in ECOWAS stood at $X per ton in 2022, waning by -21.9% against the previous year. Overall, the import price, however, showed noticeable growth. The most prominent rate of growth was recorded in 2017 an increase of 141% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +2.2% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the dental fitting market in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32502259 - Dental fittings (including dentures and part dentures, metal crowns, cast tin bars, stainless steel bars) (excluding individual artificial teeth)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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