Report Update Jan 1, 2025

Western Africa - Calcium Ammonium Nitrate (CAN) - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Calcium Ammonium Nitrate (CAN) 2025

Exports of Calcium Ammonium Nitrate (CAN)

Exports in Western Africa

In 2020, the amount of calcium ammonium nitrate (CAN) exported in Western Africa stood at X tons, approximately reflecting the previous year's figure. Overall, exports showed a significant decrease. The smallest decline of -39.8% was in 2016. The volume of export peaked at X tons in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) exports totaled $X in 2020. Over the period under review, exports saw a precipitous contraction. The smallest decline of -43.8% was in 2016. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2020, leveling off at the previous year. Over the period under review, the export price showed a sharp shrinkage. The most prominent rate of growth was recorded in 2016 a decrease of -6.6%. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, the export prices failed to regain momentum.

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

From 2015 to 2020, the rate of growth in terms of prices for Senegal amounted to 0.0% per year.

Imports of Calcium Ammonium Nitrate (CAN)

Imports in Western Africa

Calcium ammonium nitrate (CAN) imports reduced markedly to X tons in 2021, declining by -60% against the previous year. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 687%. As a result, imports reached the peak of X tons, and then fell markedly in the following year.

In value terms, calcium ammonium nitrate (CAN) imports fell sharply to $X in 2021. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 298%. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Ghana (X tons) represented roughly 98% of total imports in 2021.

Ghana was also the fastest-growing in terms of the calcium ammonium nitrate (CAN) imports, with a CAGR of +30.0% from 2012 to 2021. While the share of Ghana (+18 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported calcium ammonium nitrate (CAN) in Western Africa.

In Ghana, calcium ammonium nitrate (CAN) imports expanded at an average annual rate of +24.2% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, rising by 68% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. Over the period under review, import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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 -4.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for calcium ammonium nitrate (can) in Western Africa?

The country with the largest volume of calcium ammonium nitrate can) consumption was Ghana, accounting for 94% of total volume. Moreover, calcium ammonium nitrate can) consumption in Ghana exceeded the figures recorded by the second-largest consumer, Mauritania, more than tenfold.

What are the largest producers of calcium ammonium nitrate (can) in Western Africa?

The country with the largest volume of calcium ammonium nitrate can) production was Guinea, accounting for 100% of total volume.

What are the leading suppliers of calcium ammonium nitrate (can) in Western Africa?

In value terms, Ghana remains the largest calcium ammonium nitrate can) supplier in Western Africa, comprising 79% of total exports. The second position in the ranking was occupied by Nigeria, with a 21% share of total exports.

What are the leading importers of calcium ammonium nitrate (can) in Western Africa?

In value terms, Ghana constitutes the largest market for imported calcium ammonium nitrate can) in Western Africa, comprising 91% of total imports. The second position in the ranking was occupied by Mauritania, with a 3.1% share of total imports.

What is the average export price for calcium ammonium nitrate (can) in Western Africa?

In 2021, the calcium ammonium nitrate can) export price in Western Africa amounted to $256 per ton, flattening at the previous year.

What is the average import price for calcium ammonium nitrate (can) in Western Africa?

The calcium ammonium nitrate can) import price in Western Africa stood at $227 per ton in 2021, jumping by 36% against the previous year.

This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) 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:

FCL 4004 -

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
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, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024