ECOWAS: Non-Domestic Dishwashing Machine Market 2024

Non-Domestic Dishwashing Machine Market Size in ECOWAS

In 2022, the ECOWAS non-domestic dishwashing machine market decreased by -3% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Non-Domestic Dishwashing Machine Production in ECOWAS

In value terms, non-domestic dishwashing machine production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 15%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Non-Domestic Dishwashing Machine Exports

Exports in ECOWAS

In 2022, exports of non-domestic dish-washing machines in ECOWAS fell significantly to X units, reducing by -51.1% on 2021. Overall, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 217%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-domestic dishwashing machine exports contracted rapidly to $X in 2022. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of 107% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined rapidly in the following year.

Exports by Country

In 2022, Mali (X units) and Togo (X units) were the key exporters of non-domestic dish-washing machines in ECOWAS, together resulting at near 68% of total exports. Nigeria (X units) ranks next in terms of the total exports with a 14% share, followed by Cote d'Ivoire (9.1%), Ghana (4.5%) and Senegal (4.5%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Togo (with a CAGR of +21.5%), while the other leaders experienced more modest paces of growth.

In value terms, Togo ($X) remains the largest non-domestic dishwashing machine supplier in ECOWAS, comprising 68% of total exports. The second position in the ranking was held by Mali ($X), with an 18% share of total exports. It was followed by Senegal, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value in Togo amounted to +28.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Mali (-2.9% per year) and Senegal (+17.1% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, dropping by -12.4% against the previous year. Over the period under review, the export price, however, continues to indicate a notable increase. The pace of growth appeared the most rapid in 2017 when the export price increased by 152%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Togo ($X per unit), while Cote d'Ivoire ($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 (+25.5%), while the other leaders experienced more modest paces of growth.

Non-Domestic Dishwashing Machine Imports

Imports in ECOWAS

In 2022, overseas purchases of non-domestic dish-washing machines decreased by -57.6% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 78% against the previous year. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-domestic dishwashing machine imports fell markedly to $X in 2022. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 67% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X units), Ghana (X units) and Cote d'Ivoire (X units) represented the key importer of non-domestic dish-washing machines in ECOWAS, comprising 55% of total import. Niger (X units) held the next position in the ranking, followed by Cabo Verde (X units), Senegal (X units), Guinea (X units) and Mali (X units). All these countries together held approx. 34% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of +19.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 63% of total imports. Niger, Cabo Verde, Senegal, Mali and Guinea lagged somewhat behind, together comprising a further 31%.

Mali, with a CAGR of +43.1%, recorded the highest growth rate of the value of imports, in terms of 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

The import price in ECOWAS stood at $X per unit in 2022, declining by -5.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 15% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 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 Ghana ($X per unit), while Guinea ($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 (+30.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform