ECOWAS: Market for Sterile Surgical Or Dental Adhesion Barriers 2024

Market Size for Sterile Surgical Or Dental Adhesion Barriers in ECOWAS

The ECOWAS sterile medical adhesion barrier market contracted to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Sterile Surgical Or Dental Adhesion Barriers in ECOWAS

In value terms, sterile medical adhesion barrier production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded prominent growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Sterile Surgical Or Dental Adhesion Barriers

Exports in ECOWAS

In 2022, sterile medical adhesion barrier exports in ECOWAS skyrocketed to X tons, jumping by X% on 2021 figures. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, sterile medical adhesion barrier exports dropped dramatically to $X in 2022. In general, exports posted prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Cote d'Ivoire (X tons) was the main exporter of sterile surgical or dental adhesion barriers, creating X% of total exports. It was distantly followed by Nigeria (X tons), mixing up a X% share of total exports. Niger (X kg) followed a long way behind the leaders.

Cote d'Ivoire was also the fastest-growing in terms of the sterile surgical or dental adhesion barriers exports, with a CAGR of X% from 2012 to 2022. At the same time, Niger (X%) displayed positive paces of growth. By contrast, Nigeria (X%) illustrated a downward trend over the same period. Cote d'Ivoire (X p.p.) and Nigeria (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Niger ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Cote d'Ivoire, with a CAGR of X%, recorded the highest rates of growth with regard to 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, reducing by X% against the previous year. Over the period under review, the export price saw a sharp decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a 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 Niger ($X per ton), while Cote d'Ivoire ($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.

Imports of Sterile Surgical Or Dental Adhesion Barriers

Imports in ECOWAS

In 2022, supplies from abroad of sterile surgical or dental adhesion barriers was finally on the rise to reach X tons after two years of decline. Overall, imports enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sterile medical adhesion barrier imports surged to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Nigeria represented the key importer of sterile surgical or dental adhesion barriers in ECOWAS, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Ghana (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Cote d'Ivoire (X%), Benin (X%), Burkina Faso (X%) and Senegal (X%). Guinea (X tons) held a minor share of total imports.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Benin (X%), Guinea (X%), Burkina Faso (X%), Ghana (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Senegal (X%) illustrated a downward trend over the same period. While the share of Benin (X p.p.) and Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Cote d'Ivoire (X p.p.) and Senegal (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Ghana ($X) and Benin ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, Benin, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 ton in 2022, falling by X% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Benin ($X per ton), while Senegal ($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 a decline in the import price figures.

Source: IndexBox Platform