ECOWAS: X-Ray Generator Market 2025

X-Ray Generator Market Size in ECOWAS

The ECOWAS x-ray generator market rose modestly to $X in 2021, with an increase of 4.6% against the previous year. The total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +46.4% against 2014 indices. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

X-Ray Generator Production in ECOWAS

In value terms, x-ray generator production reached $X in 2021 estimated in export price. The total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 33%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

X-Ray Generator Exports

Exports in ECOWAS

In 2021, shipments abroad of x-ray generators decreased by -47.3% to X tons, falling for the second year in a row after three years of growth. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 310% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, x-ray generator exports fell to $X in 2021. Over the period under review, exports, however, enjoyed notable growth. The growth pace was the most rapid in 2013 when exports increased by 76%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Ghana (X tons) and Cote d'Ivoire (X tons) were the main exporters of x-ray generators in ECOWAS, together reaching approx. 63% of total exports. Guinea (X kg) ranks next in terms of the total exports with a 14% share, followed by Benin (5.8%), Senegal (5.7%) and Nigeria (5%). Niger (X kg) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Ghana (with a CAGR of +19.0%), while the other leaders experienced more modest paces of growth.

In value terms, Guinea ($X), Cote d'Ivoire ($X) and Senegal ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 70% share of total exports.

In terms of the main exporting countries, Cote d'Ivoire, with a CAGR of +15.7%, 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 more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2021, jumping by 70% against the previous year. Over the period under review, the export price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of 109%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+12.7%), while the other leaders experienced mixed trends in the export price figures.

X-Ray Generator Imports

Imports in ECOWAS

In 2021, approx. X tons of x-ray generators were imported in ECOWAS; surging by 50% compared with the previous year's figure. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 149%. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, x-ray generator imports soared to $X in 2021. Over the period under review, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 306% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Mali (X tons), Cote d'Ivoire (X tons), Nigeria (X tons) and Senegal (X tons) represented the major importer of x-ray generators in ECOWAS, committing 75% of total import. It was distantly followed by Ghana (X tons) and Burkina Faso (X tons), together achieving a 17% share of total imports. Togo (X tons) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Togo (with a CAGR of +36.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Nigeria ($X) and Burkina Faso ($X) constituted the countries with the highest levels of imports in 2021, together comprising 49% of total imports.

In terms of the main importing countries, Burkina Faso, with a CAGR of +43.4%, saw the highest growth rate of 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 2021, rising by 19% against the previous year. In general, the import price showed a measured expansion. The most prominent rate of growth was recorded in 2018 an increase of 63% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Burkina Faso ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Burkina Faso (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform