Western Africa: Chlorine Market 2024

Chlorine Market Size in Western Africa

In 2022, the West African chlorine market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2021, and then reduced slightly in the following year.

Chlorine Production in Western Africa

In value terms, chlorine production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Chlorine Exports

Exports in Western Africa

After two years of growth, overseas shipments of chlorine decreased by X% to X tons in 2022. In general, exports, however, saw notable growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, chlorine exports contracted to $X in 2022. Overall, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Senegal (X tons) and Nigeria (X tons) were the major exporters of chlorine in 2022, accounting for near X% and X% of total exports, respectively. It was distantly followed by Benin (X tons), generating a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Senegal (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Senegal ($X) remains the largest chlorine supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Benin ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Senegal totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Benin (X% per year) and Nigeria (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (X%), while the other leaders experienced mixed trends in the export price figures.

Chlorine Imports

Imports in Western Africa

After three years of growth, supplies from abroad of chlorine decreased by X% to X tons in 2022. In general, imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped in the following year.

In value terms, chlorine imports declined significantly to $X in 2022. Overall, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined rapidly in the following year.

Imports by Country

Senegal represented the key importer of chlorine in Western Africa, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Nigeria (X tons) held the second position in the ranking, followed by Cote d'Ivoire (X tons) and Ghana (X tons). All these countries together took near X% share of total imports. The following importers - Togo (X tons) and Liberia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to chlorine imports into Senegal stood at X%. At the same time, Togo (X%), Liberia (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%) and Ghana (X%) illustrated a downward trend over the same period. Senegal (X p.p.), Togo (X p.p.) and Liberia (X p.p.) significantly strengthened its position in terms of the total imports, while Ghana and Nigeria saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) constitutes the largest market for imported chlorine in Western Africa, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Senegal amounted to X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the 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 Cote d'Ivoire ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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