ECOWAS: Medical Ultraviolet Market 2024

Medical Ultraviolet Market Size in ECOWAS

The ECOWAS medical ultraviolet market soared to $X in 2022, picking up by X% against the previous year. In general, consumption enjoyed a resilient increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Medical Ultraviolet Production in ECOWAS

In value terms, medical ultraviolet production rose modestly to $X in 2022 estimated in export price. Overall, production saw a perceptible expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Medical Ultraviolet Exports

Exports in ECOWAS

In 2022, exports of medical ultraviolet or infrared apparatus in ECOWAS shrank sharply to X tons, dropping by X% on the year before. Over the period under review, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, medical ultraviolet exports declined remarkably to $X in 2022. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Sierra Leone was the largest exporting country with an export of about X kg, which recorded X% of total exports. It was distantly followed by Nigeria (X kg) and Togo (X kg), together generating a X% share of total exports.

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

In value terms, the largest medical ultraviolet supplying countries in ECOWAS were Sierra Leone ($X), Nigeria ($X) and Togo ($X).

In terms of the main exporting countries, Sierra Leone, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. The level of export peaked at $X per ton 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 Sierra Leone ($X per ton), while Togo ($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 (X%), while the other leaders experienced a decline in the export price figures.

Medical Ultraviolet Imports

Imports in ECOWAS

Medical ultraviolet imports rose significantly to X tons in 2022, increasing by X% compared with the previous year's figure. Overall, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, medical ultraviolet imports skyrocketed to $X in 2022. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Benin represented the major importer of medical ultraviolet or infrared apparatus in ECOWAS, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. Nigeria (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Burkina Faso (X%), Senegal (X%) and Ghana (X%). Niger (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

Benin was also the fastest-growing in terms of the medical ultraviolet or infrared apparatus imports, with a CAGR of X% from 2012 to 2022. At the same time, Burkina Faso (X%), Senegal (X%) and Ghana (X%) displayed positive paces of growth. Cote d'Ivoire and Nigeria experienced a relatively flat trend pattern. By contrast, Niger (X%) illustrated a downward trend over the same period. While the share of Benin (X p.p.), Burkina Faso (X p.p.), Senegal (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Cote d'Ivoire (X p.p.), Niger (X p.p.) and Nigeria (X p.p.) displayed negative dynamics.

In value terms, Benin ($X) constitutes the largest market for imported medical ultraviolet or infrared apparatus in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Burkina Faso ($X), with an X% share of total imports. It was followed by Senegal, with an X% share.

In Benin, medical ultraviolet imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Burkina Faso (X% per year) and Senegal (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price saw a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform