Report Update Apr 1, 2024

ECOWAS - Fluorescent Discharge Lamps - Market Analysis, Forecast, Size, Trends and Insights

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ECOWAS: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Exports

Exports in ECOWAS

In 2021, overseas shipments of fluorescent discharge lamps were finally on the rise to reach X units after four years of decline. Overall, exports, however, recorded a deep downturn. The volume of export peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a deep contraction. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Ghana (X units) represented the key exporter of fluorescent discharge lamps, making up 48% of total exports. Mali (X units) took a 22% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (18%) and Togo (5.7%). Cote d'Ivoire (X units) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to fluorescent discharge lamps exports from Ghana stood at -11.8%. At the same time, Cote d'Ivoire (+5.1%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of +5.1% from 2012-2021. By contrast, Mali (-9.8%), Nigeria (-20.5%) and Togo (-29.3%) illustrated a downward trend over the same period. While the share of Ghana (+20 p.p.), Mali (+12 p.p.) and Cote d'Ivoire (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Nigeria (-8.3 p.p.) and Togo (-18.5 p.p.) displayed negative dynamics.

In value terms, Ghana ($X) remains the largest fluorescent discharge lamps supplier in ECOWAS, comprising 44% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 19% share of total exports. It was followed by Nigeria, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Ghana totaled -5.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Cote d'Ivoire (+28.1% per year) and Nigeria (-22.0% per year).

Export Prices by Country

In 2021, the export price in ECOWAS amounted to $X per unit, falling by -28.2% against the previous year. In general, the export price, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by 62%. Over the period under review, the export prices attained the peak figure at $X per unit in 2020, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Cote d'Ivoire ($X per unit), while Togo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+21.8%), while the other leaders experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports in ECOWAS

In 2021, the amount of fluorescent discharge lamps imported in ECOWAS contracted markedly to X units, with a decrease of -18% compared with the year before. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 65% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, fluorescent discharge lamps imports shrank dramatically to $X in 2021. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of 32%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Nigeria (X units), distantly followed by Cote d'Ivoire (X units), Senegal (X units) and Ghana (X units) represented the main importers of fluorescent discharge lamps, together generating 87% of total imports. The following importers - Burkina Faso (X units) and Gambia (X units) - each amounted to a 6.1% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Senegal (with a CAGR of +22.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Nigeria ($X) constitutes the largest market for imported fluorescent discharge lamps in ECOWAS, comprising 42% of total imports. The second position in the ranking was held by Ghana ($X), with a 20% share of total imports. It was followed by Cote d'Ivoire, with a 17% share.

From 2012 to 2021, the average annual growth rate of value in Nigeria amounted to -2.8%. In the other countries, the average annual rates were as follows: Ghana (-19.4% per year) and Cote d'Ivoire (+4.2% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per unit in 2021, stabilizing at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 28%. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Ghana ($X per unit), while Senegal ($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 (+9.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluorescent discharge lamps in ECOWAS?

The countries with the highest volumes of consumption in 2021 were Nigeria, Cote d'Ivoire and Senegal, together accounting for 75% of total consumption.

What are the leading exporters of fluorescent discharge lamps in ECOWAS?

In value terms, Ghana remains the largest fluorescent discharge lamps supplier in ECOWAS, comprising 44% of total exports. The second position in the ranking was taken by Cote d'Ivoire, with a 19% share of total exports. It was followed by Nigeria, with a 15% share.

What are the leading importers of fluorescent discharge lamps in ECOWAS?

In value terms, Nigeria constitutes the largest market for imported fluorescent discharge lamps in ECOWAS, comprising 42% of total imports. The second position in the ranking was taken by Ghana, with a 20% share of total imports. It was followed by Cote d'Ivoire, with a 17% share.

What is the average export price for fluorescent discharge lamps in ECOWAS?

In 2021, the export price in ECOWAS amounted to $1.5 per unit, falling by -28.2% against the previous year.

What is the average import price for fluorescent discharge lamps in ECOWAS?

In 2021, the import price in ECOWAS amounted to $0.4 per unit, standing approx. at the previous year.

This report provides an in-depth analysis of the fluorescent discharge lamps market in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)

Country coverage:

Benin
Burkina Faso
Cabo Verde
Cote d'Ivoire
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Niger
Nigeria
Senegal
Sierra Leone
Togo

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in ECOWAS, split by region and country
Trade (exports and imports) in ECOWAS
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023