ECOWAS: Market for Non-Ionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Non-Ionic Surface-Active Agents (Excluding Soap) in ECOWAS

The ECOWAS market for non-ionic surface-active agents (excluding soap) contracted modestly to $X in 2021, therefore, remained relatively stable against the previous year. Overall, consumption, however, continues to indicate a noticeable contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Non-Ionic Surface-Active Agents (Excluding Soap) in ECOWAS

In value terms, non-ionic surface-active agents (excl. soap) production dropped to $X in 2021 estimated in export price. In general, production showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 19%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Non-Ionic Surface-Active Agents (Excluding Soap)

Exports in ECOWAS

In 2021, overseas shipments of non-ionic surface-active agents (excluding soap) increased by 0.8% to X tons, rising for the fourth year in a row after three years of decline. In general, exports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2018 with an increase of 100% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-ionic surface-active agents (excl. soap) exports dropped to $X in 2021. Over the period under review, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 86%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the three major exporters of non-ionic surface-active agents (excluding soap), namely Senegal, Mali and Ghana, represented more than two-thirds of total export. Togo (X tons) ranks next in terms of the total exports with an 11% share, followed by Gambia (8.3%) and Cote d'Ivoire (6%). Nigeria (X tons) took a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ghana (with a CAGR of +11.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Senegal ($X) and Mali ($X) were the countries with the highest levels of exports in 2021, with a combined 67% share of total exports. Cote d'Ivoire, Togo, Nigeria and Gambia lagged somewhat behind, together comprising a further 33%.

Among the main exporting countries, Cote d'Ivoire, with a CAGR of +8.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2021, reducing by -6.7% against the previous year. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 38% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a somewhat lower figure.

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 ($X per ton), while Gambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+5.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Ionic Surface-Active Agents (Excluding Soap)

Imports in ECOWAS

Non-ionic surface-active agents (excl. soap) imports soared to X tons in 2021, rising by 43% compared with 2020. Overall, imports recorded notable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-ionic surface-active agents (excl. soap) imports surged to $X in 2021. In general, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of non-ionic surface-active agents (excluding soap), namely Ghana, Cote d'Ivoire and Nigeria, represented more than two-thirds of total import. It was distantly followed by Senegal (X tons), generating a 5.9% share of total imports. The following importers - Burkina Faso (X tons), Cabo Verde (X tons) and Togo (X tons) - together made up 8.7% of total imports.

From 2012 to 2021, the biggest increases were recorded for Burkina Faso (with a CAGR of +91.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-ionic surface-active agents (excl. soap) importing markets in ECOWAS were Cote d'Ivoire ($X), Ghana ($X) and Nigeria ($X), with a combined 81% share of total imports. These countries were followed by Senegal, Burkina Faso, Cabo Verde and Togo, which together accounted for a further 10%.

Among the main importing countries, Burkina Faso, with a CAGR of +72.5%, saw the highest growth rate of 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 2021, the import price in ECOWAS amounted to $X per ton, rising by 19% against the previous year. Import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 120% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cote d'Ivoire ($X per ton), while Cabo Verde ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+21.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform