Western Africa: Market for Colouring Matter Of Vegetable Or Animal Origin 2025

Market Size for Colouring Matter Of Vegetable Or Animal Origin in Western Africa

The West African market for colouring matter of vegetable or animal origin rose rapidly to $X in 2021, with an increase of 8.1% against the previous year. In general, consumption enjoyed a resilient expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Colouring Matter Of Vegetable Or Animal Origin in Western Africa

In value terms, vegetable or animal colouring matter production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 30%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports in Western Africa

In 2021, approx. X tons of colouring matter of vegetable or animal origin were exported in Western Africa; with a decrease of -64.4% compared with the previous year. In general, exports saw a deep contraction. The growth pace was the most rapid in 2017 with an increase of 76%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, vegetable or animal colouring matter exports soared to $X in 2021. Over the period under review, exports showed a noticeable descent. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire was the main exporter of colouring matter of vegetable or animal origin in Western Africa, with the volume of exports resulting at X tons, which was approx. 66% of total exports in 2021. Ghana (X tons) ranks second in terms of the total exports with a 22% share, followed by Nigeria (6.8%). Niger (X tons) and Mauritania (X tons) took a minor share of total exports.

Exports from Cote d'Ivoire decreased at an average annual rate of -19.3% from 2012 to 2021. Ghana experienced a relatively flat trend pattern. Nigeria (-3.6%), Niger (-4.2%) and Mauritania (-9.9%) illustrated a downward trend over the same period. Ghana (+18 p.p.), Nigeria (+5 p.p.) and Niger (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire saw its share reduced by -23.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest vegetable or animal colouring matter supplier in Western Africa, comprising 95% of total exports. The second position in the ranking was taken by Niger ($X), with a 1.5% share of total exports. It was followed by Ghana, with a 1.2% share.

In Cote d'Ivoire, vegetable or animal colouring matter exports shrank by an average annual rate of -1.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Niger (+20.5% per year) and Ghana (-10.0% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, jumping by 927% against the previous year. In general, the export price posted a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Niger (+25.9%), while the other leaders experienced more modest paces of growth.

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports in Western Africa

In 2021, approx. X tons of colouring matter of vegetable or animal origin were imported in Western Africa; rising by 23% compared with the year before. Overall, imports posted resilient growth. The pace of growth was the most pronounced in 2017 with an increase of 97%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, vegetable or animal colouring matter imports surged to $X in 2021. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 72%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Senegal represented the major importing country with an import of about X tons, which amounted to 64% of total imports. It was distantly followed by Nigeria (X tons) and Niger (X tons), together mixing up a 23% share of total imports. The following importers - Ghana (X tons), Cote d'Ivoire (X tons) and Cabo Verde (X tons) - together made up 9.2% of total imports.

Senegal was also the fastest-growing in terms of the colouring matter of vegetable or animal origin imports, with a CAGR of +49.3% from 2012 to 2021. At the same time, Ghana (+39.6%), Cote d'Ivoire (+14.9%), Niger (+12.0%), Cabo Verde (+11.4%) and Nigeria (+4.4%) displayed positive paces of growth. While the share of Senegal (+61 p.p.), Ghana (+3.7 p.p.), Niger (+2.1 p.p.) and Cote d'Ivoire (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Nigeria (-1.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) constitutes the largest market for imported colouring matter of vegetable or animal origin in Western Africa, comprising 54% of total imports. The second position in the ranking was held by Nigeria ($X), with a 15% share of total imports. It was followed by Cote d'Ivoire, with a 14% share.

In Senegal, vegetable or animal colouring matter imports expanded at an average annual rate of +59.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (+4.6% per year) and Cote d'Ivoire (+13.7% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, picking up by 9.8% against the previous year. Import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vegetable or animal colouring matter import price increased by +95.0% against 2017 indices. The pace of growth was the most pronounced in 2018 when the import price increased by 47% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Cabo Verde ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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