Western Africa: Fixed Carbon Resistor Market 2024

Fixed Carbon Resistor Market Size in Western Africa

The West African fixed carbon resistor market dropped to $X in 2022, declining by X% against the previous year. In general, consumption recorded a pronounced shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fixed Carbon Resistor Production in Western Africa

In value terms, fixed carbon resistor production shrank slightly to $X in 2022 estimated in export price. Overall, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Fixed Carbon Resistor Exports

Exports in Western Africa

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. In general, exports, however, recorded a abrupt downturn. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, fixed carbon resistor exports dropped to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ghana represented the main exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Senegal (X units), Sierra Leone (X units) and Nigeria (X units), together committing 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 Western Africa, 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 ($X) emerged as the largest fixed carbon resistor supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Sierra Leone ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

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

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, which is down by X% against the previous year. Overall, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021, and then reduced remarkably 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 Western Africa

In 2022, overseas purchases of fixed carbon resistors, composition or film types and electrical variable resistors decreased by X% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, fixed carbon resistor imports dropped sharply to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded 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 dropped 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) represented the main importers of fixed carbon resistors, composition or film types and electrical variable resistors, together comprising 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, the largest fixed carbon resistor importing markets in Western Africa were Nigeria ($X), Cote d'Ivoire ($X) and Ghana ($X), with a combined X% share of total imports. Senegal, Guinea, Sierra Leone and Burkina Faso lagged somewhat behind, together comprising a further X%.

Among 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 Western Africa amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price showed moderate growth. The growth pace was 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 peak figure in 2022 and is likely to continue growth in the immediate term.

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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