
Western Africa - Aluminum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Aluminum Market 2025
Aluminum Market Size in Western Africa
After two years of decline, the West African aluminum market increased by 485% to $X in 2021. In general, consumption recorded a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Aluminum Production in Western Africa
In value terms, aluminum production rose slightly to $X in 2021 estimated in export price. In general, production, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 18%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Aluminum Exports
Exports in Western Africa
In 2021, shipments abroad of aluminum was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminum exports skyrocketed to $X in 2021. Overall, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Nigeria represented the main exporter of aluminum in Western Africa, with the volume of exports resulting at X tons, which was near 71% of total exports in 2021. It was distantly followed by Ghana (X tons), constituting a 29% share of total exports.
Nigeria was also the fastest-growing in terms of the aluminum exports, with a CAGR of +14.0% from 2012 to 2021. At the same time, Ghana (+8.9%) displayed positive paces of growth. While the share of Nigeria (+9.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Ghana (-9 p.p.) displayed negative dynamics.
In value terms, Ghana ($X) and Nigeria ($X) were the countries with the highest levels of exports in 2021.
In terms of the main exporting countries, Ghana, with a CAGR of +9.9%, recorded the highest growth rate of the value of exports, over the period under review.
Export Prices by Country
The export price in Western Africa stood at $X per ton in 2021, waning by -6.9% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 16% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Ghana ($X per ton), while Nigeria totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+1.0%).
Aluminum Imports
Imports in Western Africa
In 2021, approx. X tons of aluminum were imported in Western Africa; jumping by 30% on the previous year. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 193% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.
In value terms, aluminum imports surged to $X in 2021. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 265% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, Nigeria (X tons) was the largest importer of aluminum in Western Africa, generating 98% of total import.
Nigeria was also the fastest-growing in terms of the aluminum imports, with a CAGR of +14.6% from 2012 to 2021. Nigeria (+5.3 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) constitutes the largest market for imported aluminum in Western Africa.
From 2012 to 2021, the average annual growth rate of value in Nigeria stood at +10.5%.
Import Prices by Country
The import price in Western Africa stood at $X per ton in 2021, waning by -4.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible decline. The growth pace was the most rapid in 2013 when the import price increased by 52%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2012 to 2021, the rate of growth in terms of prices for Nigeria amounted to -3.6% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aluminum market in Western Africa. 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 24421130 - Unwrought non-alloy aluminium (excluding powders and flakes)
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- 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 Western Africa, split by region and country
- Trade (exports and imports) in Western Africa
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- 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
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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