ECOWAS: Calculator Market 2024

Calculator Exports

Exports in ECOWAS

In 2022, calculator exports in ECOWAS contracted markedly to X units, waning by X% against the previous year's figure. In general, exports faced a significant decline. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, calculator exports dropped to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Ghana (X units) represented the largest exporter of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, constituting X% of total exports. Cote d'Ivoire (X units) ranks second in terms of the total exports with a X% share, followed by Liberia (X%) and Mali (X%).

From 2012 to 2022, average annual rates of growth with regard to calculator exports from Ghana stood at X%. At the same time, Mali (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Liberia (X%) illustrated a downward trend over the same period. Cote d'Ivoire (X p.p.), Liberia (X p.p.) and Mali (X p.p.) significantly strengthened its position in terms of the total exports, while Ghana saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Ghana ($X) remains the largest calculator supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Liberia ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Liberia (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain 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 Ghana ($X per unit), while Cote d'Ivoire ($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 (X%), while the other leaders experienced more modest paces of growth.

Calculator Imports

Imports in ECOWAS

In 2022, approx. X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were imported in ECOWAS; with an increase of X% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, calculator imports stood at $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ghana (X units) was the key importer of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, making up X% of total imports. Senegal (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Guinea (X%), Gambia (X%), Nigeria (X%), Sierra Leone (X%) and Cote d'Ivoire (X%).

Imports into Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Gambia (X%), Senegal (X%), Guinea (X%) and Sierra Leone (X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Cote d'Ivoire (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ghana, Senegal, Gambia and Guinea increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest calculator importing markets in ECOWAS were Nigeria ($X), Ghana ($X) and Guinea ($X), with a combined X% share of total imports. Cote d'Ivoire, Senegal, Sierra Leone and Gambia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Gambia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 ECOWAS stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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