ECOWAS: Market for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) 2024

Market Size for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in ECOWAS

The ECOWAS market for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) stood at $X in 2022, growing by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in ECOWAS

In value terms, production of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) expanded slightly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Exports in ECOWAS

In 2022, approx. X kg of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) were exported in ECOWAS; with a decrease of X% against 2021. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X kg, and then contracted in the following year.

In value terms, exports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) contracted slightly to $X in 2022. In general, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Senegal (X kg) represented the largest exporter of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine), constituting X% of total exports. It was distantly followed by Cote d'Ivoire (X kg), generating a X% share of total exports.

Senegal was also the fastest-growing in terms of the acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) exports, with a CAGR of X% from 2012 to 2022. Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Cote d'Ivoire (X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, Senegal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Senegal amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%).

Imports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Imports in ECOWAS

In 2022, after three years of growth, there was significant decline in overseas purchases of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine), when their volume decreased by X% to X tons. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then shrank significantly in the following year.

In value terms, imports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) declined sharply to $X in 2022. Overall, imports, however, continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2021, and then reduced markedly in the following year.

Imports by Country

In 2022, Nigeria (X tons) represented the main importer of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine), creating X% of total imports. Ghana (X tons) ranks second in terms of the total imports with a X% share, followed by Niger (X%) and Senegal (X%). Cote d'Ivoire (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Ghana ($X) and Niger ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Ghana, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 ton, remaining relatively unchanged against the previous year. In general, the import price showed a deep slump. The pace of growth was the most pronounced in 2019 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform