Western Africa: X-Ray Apparatus Market 2024

X-Ray Apparatus Market Size in Western Africa

The West African x-ray apparatus market reached $X in 2022, increasing by 10% against the previous year. Overall, consumption, however, enjoyed strong growth. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

X-Ray Apparatus Production in Western Africa

In value terms, x-ray apparatus production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2015 when the production volume increased by 126%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

X-Ray Apparatus Exports

Exports in Western Africa

In 2022, approx. X units of x-ray apparatus were exported in Western Africa; shrinking by -3.8% against 2021 figures. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 400%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, x-ray apparatus exports soared to $X in 2022. Over the period under review, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 238%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Niger (X units) represented the largest exporter of x-ray apparatus, generating 52% of total exports. Nigeria (X units) took the second position in the ranking, followed by Senegal (X units) and Mali (X units). All these countries together took approx. 40% share of total exports. The following exporters - Ghana (X units) and Togo (X units) - each amounted to an 8% share of total exports.

Niger was also the fastest-growing in terms of the x-ray apparatus exports, with a CAGR of +33.0% from 2012 to 2022. At the same time, Senegal (+14.9%) and Nigeria (+2.9%) displayed positive paces of growth. Ghana and Mali experienced a relatively flat trend pattern. By contrast, Togo (-24.2%) illustrated a downward trend over the same period. While the share of Niger (+52 p.p.), Mali (+8 p.p.), Togo (+4 p.p.) and Senegal (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (-10.3 p.p.) and Nigeria (-26.9 p.p.) displayed negative dynamics.

In value terms, Niger ($X) emerged as the largest x-ray apparatus supplier in Western Africa, comprising 64% of total exports. The second position in the ranking was taken by Senegal ($X), with a 7.6% share of total exports. It was followed by Mali, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Niger amounted to +74.0%. In the other countries, the average annual rates were as follows: Senegal (+24.9% per year) and Mali (+42.3% per year).

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, increasing by 85% against the previous year. Over the period under review, the export price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2014 an increase of 294% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Togo ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mali (+22.6%), while the other leaders experienced more modest paces of growth.

X-Ray Apparatus Imports

Imports in Western Africa

In 2022, overseas purchases of x-ray apparatus increased by 9% to X units, rising for the third consecutive year after two years of decline. Overall, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 95%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, x-ray apparatus imports surged to $X in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 95%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Nigeria (X units) represented the key importer of x-ray apparatus, comprising 29% of total imports. Ghana (X units) held the second position in the ranking, followed by Senegal (X units), Cote d'Ivoire (X units), Niger (X units), Togo (X units) and Cabo Verde (X units). All these countries together held approx. 54% share of total imports. Mauritania (X units) took a little share of total imports.

Nigeria was also the fastest-growing in terms of the x-ray apparatus imports, with a CAGR of +29.5% from 2012 to 2022. At the same time, Senegal (+24.7%), Niger (+22.6%), Cabo Verde (+20.1%), Cote d'Ivoire (+18.3%), Mauritania (+12.6%) and Togo (+9.3%) displayed positive paces of growth. By contrast, Ghana (-3.0%) illustrated a downward trend over the same period. While the share of Nigeria (+22 p.p.), Senegal (+8.9 p.p.), Niger (+5 p.p.), Cote d'Ivoire (+3.7 p.p.) and Cabo Verde (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ghana (-40.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported x-ray apparatus in Western Africa, comprising 54% of total imports. The second position in the ranking was held by Ghana ($X), with a 13% share of total imports. It was followed by Senegal, with a 7.7% share.

In Nigeria, x-ray apparatus imports increased at an average annual rate of +26.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (+11.1% per year) and Senegal (+21.2% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, jumping by 49% against the previous year. Overall, the import price posted a strong expansion. As a result, import 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 importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per unit), while Togo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+14.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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