ECOWAS: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in ECOWAS

The ECOWAS vacuum cleaner without motor market dropped slightly to $X in 2022, declining by X% against the previous year. In general, consumption, however, saw a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Vacuum Cleaners Without Motor in ECOWAS

In value terms, vacuum cleaner without motor production fell slightly to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Vacuum Cleaners Without Motor

Exports in ECOWAS

In 2022, overseas shipments of vacuum cleaners without motor were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, vacuum cleaner without motor exports surged to $X in 2022. In general, exports posted a resilient increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire was the main exporting country with an export of about X units, which recorded X% of total exports. Mali (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (X%) and Liberia (X%). The following exporters - Senegal (X units), Gambia (X units) and Burkina Faso (X units) - together made up X% of total exports.

Cote d'Ivoire was also the fastest-growing in terms of the vacuum cleaners without motor exports, with a CAGR of X% from 2012 to 2022. At the same time, Mali (X%), Senegal (X%), Ghana (X%) and Gambia (X%) displayed positive paces of growth. By contrast, Liberia (X%) and Burkina Faso (X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (X p.p.), Mali (X p.p.), Ghana (X p.p.), Senegal (X p.p.), Burkina Faso (X p.p.) and Gambia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Liberia (X p.p.) displayed negative dynamics.

In value terms, Cote d'Ivoire ($X) emerged as the largest vacuum cleaner without motor supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Mali ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

In Cote d'Ivoire, vacuum cleaner without motor exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mali (X% per year) and Ghana (X% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

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

Imports of Vacuum Cleaners Without Motor

Imports in ECOWAS

Vacuum cleaner without motor imports contracted notably to X units in 2022, declining by X% compared with 2021. Overall, imports faced a sharp descent. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, vacuum cleaner without motor imports fell rapidly to $X in 2022. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Ghana (X units) and Senegal (X units) represented roughly X% of total imports in 2022. It was distantly followed by Nigeria (X units), Burkina Faso (X units) and Cabo Verde (X units), together making up a X% share of total imports. Cote d'Ivoire (X units) and Niger (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

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

Burkina Faso, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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, surging by X% against the previous year. Over the period under review, the import price enjoyed a significant increase. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

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 Burkina Faso ($X per unit), while Cabo Verde ($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 more modest paces of growth.

Source: IndexBox Platform

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