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Report Western Africa - Flax, Raw or Retted - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Western Africa - Flax, Raw or Retted - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Western Africa

The West African flax, raw or retted market surged to $X in 2021, increasing by X% against the previous year. Over the period under review, consumption continues to indicate a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Flax, Raw Or Retted in Western Africa

In value terms, flax, raw or retted production contracted to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then fell in the following year.

Sierra Leone (X tons) remains the largest flax, raw or retted producing country in Western Africa, accounting for X% of total volume. Moreover, flax, raw or retted production in Sierra Leone exceeded the figures recorded by the second-largest producer, Guinea (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume in Sierra Leone stood at +X%. In the other countries, the average annual rates were as follows: Guinea (-X% per year) and Mauritania (-X% per year).

Exports of Flax, Raw Or Retted

Exports in Western Africa

For the third consecutive year, Western Africa recorded decline in overseas shipments of flax, raw or retted, which decreased by -% to X in 2018. The total export volume decreased at an average annual rate of nan% from 2012 to 2018; the trend pattern remained consistent, with only minor fluctuations in certain years. The volume of export peaked at X tons in 2017, and then was estimated in the following year.

In value terms, flax, raw or retted exports amounted to X in 2018. The total export value decreased at an average annual rate of nan% over the period from 2012 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the exports attained the maximum at $X in 2017, and then amounted in the following year.

Exports by Country

The shipments of the one major exporters of flax, raw or retted, namely Sierra Leone, represented more than X% of total export.

Sierra Leone experienced a relatively flat trend pattern with regard to volume of exports of flax, raw or retted. The shares of the largest exporters remained relatively stable throughout the analyzed period.

From 2012 to 2018, the average annual rate of growth in terms of value in No country was relatively modest.

Imports of Flax, Raw Or Retted

Imports in Western Africa

In 2021, flax, raw or retted imports in Western Africa soared to X tons, increasing by X% on 2020. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax, raw or retted imports skyrocketed to $X in 2021. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria dominates imports structure, finishing at X tons, which was near X% of total imports in 2021. Ghana (X tons) took a minor share of total imports.

Nigeria was also the fastest-growing in terms of the flax, raw or retted imports, with a CAGR of +X% from 2012 to 2021. Ghana (-X%) illustrated a downward trend over the same period. While the share of Nigeria (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Ghana (-X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported flax, raw or retted in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with less than X% share of total imports.

In Nigeria, flax, raw or retted imports expanded at an average annual rate of +X% over the period from 2012-2021.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price recorded a notable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Nigeria ($X per ton), while Ghana totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Nigeria remains the largest flax, raw or retted consuming country in Western Africa, accounting for 49% of total volume. Moreover, flax, raw or retted consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Sierra Leone, twofold. The third position in this ranking was occupied by Ghana, with a 19% share.
The country with the largest volume of flax, raw or retted production was Sierra Leone, comprising approx. 100% of total volume.
In value terms, Nigeria constitutes the largest market for imported flax, raw or retted in Western Africa, comprising 74% of total imports. The second position in the ranking was occupied by Cote d'Ivoire, with an 11% share of total imports. It was followed by Ghana, with a 7.8% share.
In 2020, the flax, raw or retted import price in Western Africa amounted to $785 per ton, shrinking by -37.3% against the previous year.

This report provides an in-depth analysis of the market for flax, raw or retted 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 771 - Flax, raw or retted

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 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. 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. 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 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. Harvested Area, By Country, 2012-2024
    7. Yield, By Country, 2012-2024
    8. Imports, In Physical Terms, By Country, 2012–2024
    9. Imports, In Value Terms, By Country, 2012–2024
    10. Import Prices, By Country Of Destination, 2012–2024
    11. Exports, In Physical Terms, By Country, 2012–2024
    12. Exports, In Value Terms, By Country, 2012–2024
    13. Export Prices, By Country Of Origin, 2012–2024

  13. 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. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2024
    19. Production, In Value Terms, 2012–2024
    20. Area Harvested, 2012–2024
    21. Yield, 2012–2024
    22. Production, By Country, 2024
    23. Production, In Physical Terms, By Country, 2012–2024
    24. Harvested Area, By Country, 2024
    25. Harvested Area, By Country, 2012-2024
    26. Yield, By Country, 2012-2024
    27. Imports, In Physical Terms, 2012–2024
    28. Imports, In Value Terms, 2012–2024
    29. Imports, In Physical Terms, By Country, 2024
    30. Imports, In Physical Terms, By Country, 2012–2024
    31. Imports, In Value Terms, By Country, 2012–2024
    32. Import Prices, By Country, 2012–2024
    33. Exports, In Physical Terms, 2012–2024
    34. Exports, In Value Terms, 2012–2024
    35. Exports, In Physical Terms, By Country, 2024
    36. Exports, In Physical Terms, By Country, 2012–2024
    37. Exports, In Value Terms, By Country, 2012–2024
    38. Export Prices, 2012–2024

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