Western Africa: Agglomerated Powder Rod Market 2025

Agglomerated Powder Rod Market Size in Western Africa

The West African agglomerated powder rod market contracted rapidly to $X in 2021, waning by -15.5% against the previous year. In general, consumption showed a pronounced curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Agglomerated Powder Rod Production in Western Africa

In value terms, agglomerated powder rod production declined to $X in 2021 estimated in export price. In general, production continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by 28% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Agglomerated Powder Rod Exports

Exports in Western Africa

In 2021, the amount of base metal wire and rods of agglomerated base powder exported in Western Africa skyrocketed to X tons, with an increase of 45% on 2020. Over the period under review, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2013 with an increase of 420%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, agglomerated powder rod exports soared to $X in 2021. Overall, exports posted prominent growth. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Benin (X tons) represented the key exporter of base metal wire and rods of agglomerated base powder, generating 49% of total exports. Senegal (X tons) took the second position in the ranking, distantly followed by Ghana (X tons) and Togo (X tons). All these countries together took approx. 47% share of total exports. Mauritania (X kg) held a minor share of total exports.

Benin was also the fastest-growing in terms of the base metal wire and rods of agglomerated base powder exports, with a CAGR of +106.5% from 2012 to 2021. At the same time, Mauritania (+37.7%), Senegal (+24.9%) and Ghana (+10.1%) displayed positive paces of growth. By contrast, Togo (-9.3%) illustrated a downward trend over the same period. Benin (+49 p.p.), Senegal (+18 p.p.), Ghana (+4.7 p.p.) and Mauritania (+3 p.p.) significantly strengthened its position in terms of the total exports, while Togo saw its share reduced by -23% from 2012 to 2021, respectively.

In value terms, Benin ($X) emerged as the largest agglomerated powder rod supplier in Western Africa, comprising 92% of total exports. The second position in the ranking was taken by Senegal ($X), with a 4.2% share of total exports. It was followed by Togo, with a 1.7% share.

In Benin, agglomerated powder rod exports expanded at an average annual rate of +111.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Senegal (+11.5% per year) and Togo (-7.0% per year).

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, jumping by 654% against the previous year. Overall, the export price enjoyed a remarkable increase. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Benin ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+2.5%), while the other leaders experienced mixed trends in the export price figures.

Agglomerated Powder Rod Imports

Imports in Western Africa

In 2021, supplies from abroad of base metal wire and rods of agglomerated base powder decreased by -70.1% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 356%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, agglomerated powder rod imports shrank sharply to $X in 2021. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 62%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Guinea (X tons), distantly followed by Senegal (X tons), Nigeria (X tons), Mali (X tons) and Ghana (X tons) were the main importers of base metal wire and rods of agglomerated base powder, together creating 83% of total imports. Cote d'Ivoire (X tons) and Togo (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Guinea (with a CAGR of +24.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X) constitutes the largest market for imported base metal wire and rods of agglomerated base powder in Western Africa, comprising 37% of total imports. The second position in the ranking was held by Nigeria ($X), with a 13% share of total imports. It was followed by Guinea, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in Senegal stood at +25.9%. In the other countries, the average annual rates were as follows: Nigeria (-12.8% per year) and Guinea (+8.1% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, jumping by 159% against the previous year. Overall, the import price enjoyed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Senegal ($X per ton), while Togo ($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 (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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