Western Africa: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2025

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Western Africa

The West African market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function expanded modestly to $X in 2022, with an increase of 4.1% against the previous year. In general, consumption continues to indicate a strong increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Western Africa

In value terms, butanal butanal and acyclic aldehydes production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production showed resilient growth. The growth pace was the most rapid in 2014 when the production volume increased by 27%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports in Western Africa

In 2021, the amount of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exported in Western Africa stood at X kg, approximately mirroring the previous year's figure. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 4,900%. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes exports totaled $X in 2021. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 12,956% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, rising by 118% against the previous year. In general, the export price posted a mild increase. The most prominent rate of growth was recorded in 2013 an increase of 510% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Ghana amounted to +16.2% per year.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports in Western Africa

In 2022, purchases abroad of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function decreased by -18.2% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2018 with an increase of 198% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes imports dropped sharply to $X in 2022. In general, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2018 when imports increased by 118% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Ghana (X tons) and Nigeria (X tons) were the largest importers of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function in 2022, amounting to approx. 50% and 36% of total imports, respectively. It was distantly followed by Cote d'Ivoire (X tons), comprising an 11% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of -0.1%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 95% of total imports.

Ghana, with a CAGR of -1.7%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, dropping by -9.6% against the previous year. Overall, the import price saw a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 39%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (-1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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