Western Africa: X-Ray Tube Market 2024

X-Ray Tube Market Size in Western Africa

In 2021, the West African x-ray tube market increased by 300% to $X, rising for the third consecutive year after two years of decline. In general, consumption recorded significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

X-Ray Tube Production in Western Africa

In value terms, x-ray tube production surged to $X in 2021 estimated in export price. In general, production enjoyed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 587% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

X-Ray Tube Exports

Exports in Western Africa

In 2021, the amount of x-ray tubes exported in Western Africa soared to X units, jumping by 620% on the previous year. Overall, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, x-ray tube exports soared to $X in 2021. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,012%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Nigeria (X units), distantly followed by Cote d'Ivoire (X units) and Senegal (X units) represented the key exporters of x-ray tubes, together making up 94% of total exports. The following exporters - Togo (X units) and Burkina Faso (X units) - each amounted to a 5.6% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +29.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) remains the largest x-ray tube supplier in Western Africa, comprising 70% of total exports. The second position in the ranking was held by Senegal ($X), with a 15% share of total exports. It was followed by Cote d'Ivoire, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria stood at +14.8%. In the other countries, the average annual rates were as follows: Senegal (+38.0% per year) and Cote d'Ivoire (+42.1% per year).

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2021, increasing by 13% against the previous year. Export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, x-ray tube export price decreased by -14.3% against 2019 indices. The pace of growth was the most pronounced in 2015 when the export price increased by 165% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 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 Nigeria ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+11.9%), while the other leaders experienced more modest paces of growth.

X-Ray Tube Imports

Imports in Western Africa

In 2021, approx. X units of x-ray tubes were imported in Western Africa; with an increase of 412% compared with 2020 figures. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 455% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, x-ray tube imports rose significantly to $X in 2021. Over the period under review, imports posted temperate growth. The growth pace was the most rapid in 2016 with an increase of 84% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Nigeria prevails in imports structure, finishing at X units, which was near 91% of total imports in 2021. The following importers - Guinea (X units), Mauritania (X units) and Senegal (X units) - each finished at a 5.1% share of total imports.

Nigeria was also the fastest-growing in terms of the x-ray tubes imports, with a CAGR of +38.0% from 2012 to 2021. At the same time, Guinea (+36.5%), Mauritania (+21.6%) and Senegal (+4.6%) displayed positive paces of growth. While the share of Nigeria (+44 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Senegal (-8.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported x-ray tubes in Western Africa, comprising 35% of total imports. The second position in the ranking was taken by Mauritania ($X), with a 15% share of total imports. It was followed by Senegal, with a 13% share.

From 2012 to 2021, the average annual growth rate of value in Nigeria amounted to +17.6%. In the other countries, the average annual rates were as follows: Mauritania (+14.5% per year) and Senegal (+2.9% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, waning by -78.9% against the previous year. In general, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 an increase of 176% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 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, amid the top importers, the country with the highest price was Mauritania ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (-2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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