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Report Western Africa - Butene (Butylene) and Isomers Thereof - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Butene (Butylene) and Isomers Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Butene (Butylene) And Isomers Thereof 2024

Market Size for Butene (Butylene) And Isomers Thereof in Western Africa

After three years of growth, the West African butene and isomers thereof market decreased by -4% to $X in 2021. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +23.6% against 2017 indices. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Production of Butene (Butylene) And Isomers Thereof in Western Africa

In value terms, butene and isomers thereof production dropped slightly to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +23.4% against 2017 indices. The growth pace was the most rapid in 2015 with an increase of 65% against the previous year. The level of production peaked at $X in 2020, and then contracted in the following year.

Exports of Butene (Butylene) And Isomers Thereof

Exports in Western Africa

Butene and isomers thereof exports amounted to X tons in 2018, standing approx. at 2017. In general, exports recorded a precipitous descent. The smallest decline of 99.9% was in 2013. The volume of export peaked at X tons in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

In value terms, butene and isomers thereof exports amounted to $X in 2018. Overall, exports continue to indicate a precipitous decrease. The smallest decline of 99.9% was in 2013. The level of export peaked at $X in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2018, increasing by 163% against the previous year. In general, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2013 when the export price increased by 163% against the previous year. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2018.

There were significant differences in the average prices amongst the major exporting countries. In 2018, amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while Ghana stood at $X per ton.

From 2012 to 2018, the most notable rate of growth in terms of prices was attained by Ghana (0.0%).

Imports of Butene (Butylene) And Isomers Thereof

Imports in Western Africa

In 2021, imports of butene (butylene) and isomers thereof in Western Africa skyrocketed to X tons, rising by 1,174% against the year before. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 32,081%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, butene and isomers thereof imports skyrocketed to $X in 2021. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 21,041%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Nigeria (X tons) represented the major importer of butene (butylene) and isomers thereof in Western Africa, generating 100% of total import.

Nigeria was also the fastest-growing in terms of the butene (butylene) and isomers thereof imports, with a CAGR of +49.8% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported butene (butylene) and isomers thereof in Western Africa.

In Nigeria, butene and isomers thereof imports expanded at an average annual rate of +65.1% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, surging by 6.4% against the previous year. In general, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2014 an increase of 62%. The level of import peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

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 +10.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Nigeria constituted the country with the largest volume of butene and isomers thereof consumption, comprising approx. 72% of total volume. Moreover, butene and isomers thereof consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire, eightfold. The third position in this ranking was occupied by Ghana, with a 4.8% share.
The country with the largest volume of butene and isomers thereof production was Nigeria, comprising approx. 72% of total volume. Moreover, butene and isomers thereof production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire, eightfold. Ghana ranked third in terms of total production with a 4.8% share.
In value terms, Nigeria constitutes the largest market for imported butene butylene) and isomers thereof in Western Africa.
The butene and isomers thereof export price in Western Africa stood at $3,507 per ton in 2018, jumping by 163% against the previous year.
In 2020, the butene and isomers thereof import price in Western Africa amounted to $1,582 per ton, increasing by 49% against the previous year.

This report provides an in-depth analysis of the market for butene and isomers thereof 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 20141150 - Butene (butylene) and isomers thereof

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 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. 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. 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. 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

  12. 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

  13. 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

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