ECOWAS: Fixed Carbon Resistor Market 2024

Fixed Carbon Resistor Market Size in ECOWAS

The ECOWAS fixed carbon resistor market dropped modestly to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a perceptible descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fixed Carbon Resistor Production in ECOWAS

In value terms, fixed carbon resistor production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Fixed Carbon Resistor Exports

Exports in ECOWAS

In 2022, overseas shipments of fixed carbon resistors, composition or film types and electrical variable resistors increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a perceptible descent. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, fixed carbon resistor exports declined modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ghana represented the main exporter of fixed carbon resistors, composition or film types and electrical variable resistors in ECOWAS, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by Senegal (X units), Sierra Leone (X units) and Nigeria (X units), together creating a X% share of total exports.

Exports from Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Senegal (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Sierra Leone (X%) illustrated a downward trend over the same period. While the share of Ghana (X p.p.), Senegal (X p.p.) and Nigeria (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sierra Leone (X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) emerged as the largest fixed carbon resistor supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Sierra Leone ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

In Senegal, fixed carbon resistor exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Sierra Leone (X% per year) and Ghana (X% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sierra Leone (X%), while the other leaders experienced a decline in the export price figures.

Fixed Carbon Resistor Imports

Imports in ECOWAS

In 2022, purchases abroad of fixed carbon resistors, composition or film types and electrical variable resistors decreased by X% to X units, falling for the third consecutive year after three years of growth. Overall, imports showed a slight descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, fixed carbon resistor imports contracted dramatically to $X in 2022. Over the period under review, imports, however, showed a mild increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, Nigeria (X units), distantly followed by Ghana (X units), Senegal (X units), Cote d'Ivoire (X units), Burkina Faso (X units) and Guinea (X units) were the major importers of fixed carbon resistors, composition or film types and electrical variable resistors, together achieving X% of total imports. Sierra Leone (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Ghana ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Senegal, Guinea, Sierra Leone and Burkina Faso lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Guinea, 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

In 2022, the import price in ECOWAS amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price enjoyed a temperate increase. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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 Sierra Leone ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2022, 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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