Western Africa: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Western Africa

In 2021, after two years of growth, there was significant decline in the West African respiration apparatus market, when its value decreased by -14.5% to $X. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.8% 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 +38.5% against 2018 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Respiration Apparatus Production in Western Africa

In value terms, respiration apparatus production reduced to $X in 2021 estimated in export price. The total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +21.7% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of 40%. The level of production peaked at $X in 2020, and then contracted in the following year.

Respiration Apparatus Exports

Exports in Western Africa

In 2021, shipments abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus decreased by -28.4% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 431% against the previous year. The volume of export peaked at X tons in 2020, and then shrank sharply in the following year.

In value terms, respiration apparatus exports surged to $X in 2021. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 170% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Mali (X tons) and Ghana (X tons) represented the key exporters of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus in 2021, accounting for approx. 43% and 32% of total exports, respectively. It was distantly followed by Nigeria (X kg), comprising an 11% share of total exports. The following exporters - Senegal (X kg), Niger (X kg) and Cabo Verde (X kg) - together made up 11% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Cabo Verde (with a CAGR of +59.5%), while the other leaders experienced more modest paces of growth.

In value terms, Mali ($X) emerged as the largest respiration apparatus supplier in Western Africa, comprising 48% of total exports. The second position in the ranking was taken by Ghana ($X), with a 24% share of total exports. It was followed by Nigeria, with an 11% share.

In Mali, respiration apparatus exports increased at an average annual rate of +51.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ghana (+51.8% per year) and Nigeria (+37.9% per year).

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, with an increase of 85% against the previous year. In general, the export price saw a tangible increase. The most prominent rate of growth was recorded in 2014 when the export price increased by 150% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Cabo Verde ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cabo Verde (+26.6%), while the other leaders experienced more modest paces of growth.

Respiration Apparatus Imports

Imports in Western Africa

In 2021, after two years of growth, there was significant decline in overseas purchases of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, when their volume decreased by -32.2% to X tons. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 889%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, respiration apparatus imports dropped notably to $X in 2021. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 362%. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

Nigeria was the largest importing country with an import of about X tons, which reached 41% of total imports. Ghana (X tons) held a 22% share (based on physical terms) of total imports, which put it in second place, followed by Senegal (15%) and Cote d'Ivoire (7.8%). The following importers - Cabo Verde (X tons), Burkina Faso (X tons) and Mauritania (X tons) - each reached a 5.9% 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 Mauritania (with a CAGR of +47.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest respiration apparatus importing markets in Western Africa were Nigeria ($X), Ghana ($X) and Senegal ($X), together accounting for 64% of total imports.

In terms of the main importing countries, Senegal, with a CAGR of +39.4%, 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

In 2021, the import price in Western Africa amounted to $X per ton, picking up by 24% against the previous year. Over the period under review, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 101% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Mauritania ($X per ton), while Nigeria ($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 (+13.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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