Report Update Nov 1, 2024

Western Africa - Aniline and Its Salts (Excluding Derivatives) - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Aniline Market 2024

Aniline Exports

Exports in Western Africa

Aniline exports stood at X tons in 2021, remaining relatively unchanged against 2020 figures. Overall, exports showed a sharp decrease. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, aniline exports stood at $X in 2021. In general, exports faced a dramatic descent. The smallest decline of 99.9% was in 2016. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, surging by 1,100% against the previous year. In general, the export price recorded significant growth. The growth pace was the most rapid in 2016 an increase of 1,100% against the previous year. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

As there is only one major export destination, the average price level is determined by prices for Senegal.

From 2015 to 2021, the rate of growth in terms of prices for Senegal amounted to 0.0% per year.

Aniline Imports

Imports in Western Africa

In 2021, approx. X tons of aniline and its salts (excluding derivatives) were imported in Western Africa; with an increase of 236% against the previous year's figure. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 842%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, aniline imports skyrocketed to $X in 2021. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 779% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Nigeria was the largest importer of aniline and its salts (excluding derivatives) in Western Africa, with the volume of imports amounting to X tons, which was near 79% of total imports in 2021. It was distantly followed by Mali (X tons), constituting an 18% share of total imports. Cabo Verde (X kg) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the aniline and its salts (excluding derivatives) imports, with a CAGR of +94.6% from 2012 to 2021. At the same time, Cabo Verde (+15.9%) displayed positive paces of growth. Mali experienced a relatively flat trend pattern. From 2012 to 2021, the share of Nigeria and Mali increased by +74 and +18 percentage points, respectively.

In value terms, Nigeria ($X) constitutes the largest market for imported aniline and its salts (excluding derivatives) in Western Africa, comprising 83% of total imports. The second position in the ranking was taken by Mali ($X), with an 11% share of total imports.

In Nigeria, aniline imports expanded at an average annual rate of +75.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mali (0.0% per year) and Cabo Verde (-3.3% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, with a decrease of -47.7% against the previous year. In general, the import price showed a abrupt contraction. The growth pace was the most rapid in 2016 when the import price increased by 436%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Mali ($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 (-10.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aniline and its salts (excluding derivatives) in Western Africa?

Cabo Verde constituted the country with the largest volume of aniline consumption, comprising approx. 75% of total volume. Moreover, aniline consumption in Cabo Verde exceeded the figures recorded by the second-largest consumer, Nigeria, fivefold. Ghana ranked third in terms of total consumption with a 4.2% share.

What are the leading importers of aniline and its salts (excluding derivatives) in Western Africa?

In value terms, Cabo Verde, Nigeria and Cote d'Ivoire $318) appeared to be the countries with the highest levels of imports in 2021, with a combined 98% share of total imports.

What is the average import price for aniline and its salts (excluding derivatives) in Western Africa?

The aniline import price in Western Africa stood at $4,083 per ton in 2021, dropping by -20.7% against the previous year.

This report provides an in-depth analysis of the aniline 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 20144151 - Aniline and its salts (excluding derivatives)

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.

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
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- 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