Western Africa: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Western Africa

In 2021, the West African medicaments of other antibiotics market decreased by -X% to $X, falling for the second year in a row after three years of growth. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Medicaments Of Other Antibiotics in Western Africa

In value terms, medicaments of other antibiotics production stood at $X in 2021 estimated in export price. The total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Medicaments Of Other Antibiotics

Exports in Western Africa

In 2021, overseas shipments of medicaments of other antibiotics were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, medicaments of other antibiotics exports dropped rapidly to $X in 2021. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Ghana dominates exports structure, accounting for X tons, which was near X% of total exports in 2021. It was distantly followed by Togo (X tons), constituting an X% share of total exports.

Ghana was also the fastest-growing in terms of the medicaments of other antibiotics exports, with a CAGR of +X% from 2012 to 2021. Togo (-X%) illustrated a downward trend over the same period. Ghana (+X p.p.) significantly strengthened its position in terms of the total exports, while Togo saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, the largest medicaments of other antibiotics supplying countries in Western Africa were Ghana ($X) and Togo ($X, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Togo ($X per ton), while Ghana totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+X%).

Imports of Medicaments Of Other Antibiotics

Imports in Western Africa

In 2021, purchases abroad of medicaments of other antibiotics decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports fell sharply to $X in 2021. In general, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Nigeria (X tons) represented the largest importer of medicaments of other antibiotics, achieving X% of total imports. Mali (X tons) held the second position in the ranking, followed by Ghana (X tons), Cote d'Ivoire (X tons), Mauritania (X tons) and Guinea (X tons). All these countries together took near X% share of total imports. Sierra Leone (X tons) took a little share of total imports.

Nigeria experienced a relatively flat trend pattern with regard to volume of imports of medicaments of other antibiotics. At the same time, Guinea (+X%), Mali (+X%), Ghana (+X%) and Sierra Leone (+X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. By contrast, Cote d'Ivoire (-X%) and Mauritania (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mali, Guinea and Ghana increased by +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported medicaments of other antibiotics in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with an X% share.

From 2012 to 2021, the average annual growth rate of value in Nigeria amounted to -X%. In the other countries, the average annual rates were as follows: Ghana (+X% per year) and Cote d'Ivoire (-X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, shrinking by -X% against the previous year. Overall, the import price showed a noticeable decrease. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Cote d'Ivoire ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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