Western Africa: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Western Africa

The West African market for ceramic wares for laboratory or technical uses shrank slightly to $X in 2022, dropping by -2.5% against the previous year. The total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Ceramic Wares For Laboratory Or Technical Uses in Western Africa

In value terms, production of ceramic wares for laboratory or technical uses contracted to $X in 2022 estimated in export price. The total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 60% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports in Western Africa

In 2022, shipments abroad of ceramic wares for laboratory or technical uses increased by 24% to X tons, rising for the second year in a row after two years of decline. In general, exports showed pronounced growth. The growth pace was the most rapid in 2014 when exports increased by 1,451% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ceramic wares for laboratory or technical uses soared to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 1,137%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Nigeria represented the main exporter of ceramic wares for laboratory or technical uses in Western Africa, with the volume of exports finishing at X tons, which was approx. 58% of total exports in 2022. It was distantly followed by Ghana (X tons), constituting a 38% share of total exports. Sierra Leone (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +64.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Nigeria ($X) remains the largest ceramic wares for laboratory or technical uses supplier in Western Africa, comprising 89% of total exports. The second position in the ranking was taken by Ghana ($X), with a 5.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Nigeria stood at +71.8%. In the other countries, the average annual rates were as follows: Ghana (+5.8% per year) and Sierra Leone (0.0% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with an increase of 162% against the previous year. In general, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Sierra Leone ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+11.1%).

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports in Western Africa

In 2022, the amount of ceramic wares for laboratory or technical uses imported in Western Africa shrank sharply to X tons, dropping by -28.2% on the previous year's figure. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 219%. Over the period under review, imports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of ceramic wares for laboratory or technical uses rose notably to $X in 2022. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 110% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Nigeria represented the main importing country with an import of around X tons, which finished at 51% of total imports. Ghana (X tons) took the second position in the ranking, followed by Cote d'Ivoire (X tons), Mali (X tons), Gambia (X tons) and Burkina Faso (X tons). All these countries together took approx. 44% share of total imports. Guinea (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to ceramic wares for laboratory or technical uses imports into Nigeria stood at -1.6%. At the same time, Gambia (+37.5%), Guinea (+30.4%), Cote d'Ivoire (+28.0%) and Burkina Faso (+15.5%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +37.5% from 2012-2022. By contrast, Ghana (-4.3%) and Mali (-7.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Cote d'Ivoire, Gambia, Burkina Faso and Guinea increased by +9.2, +6.4, +3.7 and +2 percentage points, respectively.

In value terms, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 81% share of total imports. Mali, Gambia, Burkina Faso and Guinea lagged somewhat behind, together comprising a further 11%.

In terms of the main importing countries, Gambia, with a CAGR of +26.8%, recorded 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 Western Africa stood at $X per ton in 2022, jumping by 53% against the previous year. In general, the import price enjoyed a strong expansion. The growth pace was the most rapid in 2015 an increase of 69% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per ton), while Guinea ($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 (+11.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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