Report Update Nov 1, 2024

ECOWAS - Dolomite - Market Analysis, Forecast, Size, Trends and Insights

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ECOWAS: Dolomite Market 2024

Dolomite Market Size in ECOWAS

The ECOWAS dolomite market fell to $X in 2021, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, posted a slight expansion. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Dolomite Production in ECOWAS

In value terms, dolomite production expanded slightly to $X in 2021 estimated in export price. In general, production, however, showed a temperate increase. The pace of growth appeared the most rapid in 2016 with an increase of 114% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Dolomite Exports

Exports in ECOWAS

In 2021, shipments abroad of dolomite increased by 135% to X tons, rising for the fourth year in a row after five years of decline. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 249%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, dolomite exports soared to $X in 2021. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 135%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

In 2021, Burkina Faso (X tons) represented the key exporter of dolomite in ECOWAS, mixing up 100% of total export.

Burkina Faso was also the fastest-growing in terms of the dolomite exports, with a CAGR of +30.8% from 2012 to 2021. From 2012 to 2021, the share of Burkina Faso increased by +3.1 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 growth rate 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, waning by -41.8% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2013 when the export price increased by 13% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood 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 overseas purchases of dolomite, when their volume decreased by -32.9% to X tons. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 287%. The volume of import peaked at X tons in 2020, and then contracted dramatically in the following year.

In value terms, dolomite imports fell markedly to $X in 2021. In general, imports, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2019 with an increase of 210%. Over the period under review, imports reached the peak figure at $X in 2020, and then dropped sharply in the following year.

Imports by Country

Cote d'Ivoire dominates imports structure, reaching X tons, which was near 93% of total imports in 2021. Mali (X tons) and Nigeria (X tons) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to dolomite imports into Cote d'Ivoire stood at +16.7%. At the same time, Nigeria (+22.3%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +22.3% from 2012-2021. By contrast, Mali (-20.3%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (+53 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mali (-44 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) constitutes the largest market for imported dolomite in ECOWAS, comprising 85% of total imports. The second position in the ranking was held by Nigeria ($X), with a 6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Cote d'Ivoire totaled +7.8%. In the other countries, the average annual rates were as follows: Nigeria (+17.6% per year) and Mali (-13.6% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2021, with a decrease of -4.7% against the previous year. Over the period under review, the import price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2013 when the import price increased by 34%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: 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 Mali (+8.4%), 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 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.

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