ECOWAS - Chalk and Dolomite - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Dolomite Market 2024
Dolomite Market Size in ECOWAS
In 2021, the ECOWAS dolomite market decreased by -8.1% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption showed a mild downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.
Dolomite Production in ECOWAS
In value terms, dolomite production shrank to $X in 2021 estimated in export price. Overall, production showed a mild descent. The pace of growth was the most pronounced in 2019 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.
Dolomite Exports
Exports in ECOWAS
In 2021, overseas shipments of chalk and dolomite increased by 135% to X tons, rising for the fourth consecutive year after five years of decline. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 248% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.
In value terms, dolomite exports soared to $X in 2021. In general, exports enjoyed a strong increase. The growth pace was the most rapid in 2019 when exports increased by 132% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.
Exports by Country
The biggest shipments were from Burkina Faso (X tons), together resulting at 100% of total export.
Burkina Faso was also the fastest-growing in terms of the chalk and dolomite exports, with a CAGR of +30.8% from 2012 to 2021. From 2012 to 2021, the share of Burkina Faso increased by +3.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Burkina Faso ($X) also remains the largest dolomite supplier in ECOWAS.
From 2012 to 2021, the average annual rate of growth in terms of value in Burkina Faso amounted to +10.5%.
Export Prices by Country
The export price in ECOWAS stood at $X per ton in 2021, shrinking by -43.2% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 33% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Burkina Faso.
From 2012 to 2021, the rate of growth in terms of prices for Burkina Faso amounted to -15.8% per year.
Dolomite Imports
Imports in ECOWAS
In 2021, after two years of growth, there was significant decline in supplies from abroad of chalk and dolomite, when their volume decreased by -45.5% to X tons. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2019 with an increase of 184%. The volume of import peaked at X tons in 2020, and then dropped markedly in the following year.
In value terms, dolomite imports shrank sharply to $X in 2021. Over the period under review, imports, however, saw a slight increase. The growth pace was the most rapid in 2019 with an increase of 107%. The level of import peaked at $X in 2020, and then declined significantly in the following year.
Imports by Country
In 2021, Cote d'Ivoire (X tons) represented the key importer of chalk and dolomite, making up 79% of total imports. Senegal (X tons) took the second position in the ranking, followed by Nigeria (X tons). All these countries together took approx. 16% share of total imports. Benin (X tons) took a relatively small share of total imports.
Imports into Cote d'Ivoire increased at an average annual rate of +13.2% from 2012 to 2021. At the same time, Nigeria (+33.0%), Benin (+10.4%) and Senegal (+6.1%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +33.0% from 2012-2021. From 2012 to 2021, the share of Cote d'Ivoire and Nigeria increased by +36 and +4.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Cote d'Ivoire ($X) constitutes the largest market for imported chalk and dolomite in ECOWAS, comprising 57% of total imports. The second position in the ranking was taken by Senegal ($X), with a 19% share of total imports. It was followed by Nigeria, with a 14% share.
From 2012 to 2021, the average annual growth rate of value in Cote d'Ivoire amounted to +2.6%. In the other countries, the average annual rates were as follows: Senegal (+4.5% per year) and Nigeria (+27.5% per year).
Import Prices by Country
The import price in ECOWAS stood at $X per ton in 2021, with an increase of 44% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Benin (+0.7%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the dolomite 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 08113010 - Chalk
- Prodcom 08113030 - Dolomite, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs (excluding calcined or sintered dolomite, agglomerated dolomite and broken or crushed dolomite for concrete aggregates, road metalling or railway or other ballast)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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