Western Africa - Flax, Tow and Waste - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Market for Flax, Tow And Waste 2022
Market Size for Flax, Tow And Waste in Western Africa
After nine years of growth, the West African flax, tow and waste market decreased by -X% to $X in 2021. Over the period under review, consumption, however, showed strong growth. As a result, consumption attained the peak level of $X, and then declined significantly in the following year.
Production of Flax, Tow And Waste in Western Africa
In value terms, flax, tow and waste production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.
The countries with the highest volumes of flax, tow and waste production in 2021 were Cote d'Ivoire (X kg), Ghana (X kg) and Niger (X kg), together accounting for X% of total production.
From 2012 to 2021, the biggest increases were in Cote d'Ivoire (with a CAGR of +X%), while production for the other leaders experienced mixed trends in the production figures.
Exports of Flax, Tow And Waste
Exports in Western Africa
In 2019, after two years of decline, there was decline in overseas shipments of flax, tow and waste, when their volume decreased by X% to X kg. Overall, exports continue to indicate a significant increase. The volume of export peaked at X kg in 2016; however, from 2017 to 2019, the exports remained at a lower figure.
In value terms, flax, tow and waste exports amounted to $X in 2019. In general, exports faced a precipitous decline. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2019, the exports remained at a lower figure.
Export Prices by Country
The export price in Western Africa stood at $X per ton in 2019, with a decrease of -X% against the previous year. Overall, the export price saw a significant contraction. The most prominent rate of growth was recorded in 2013 a decrease of -X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2019, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.
Imports of Flax, Tow And Waste
Imports in Western Africa
In 2021, the amount of flax, tow and waste imported in Western Africa declined dramatically to X tons, reducing by -X% against the year before. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then contracted markedly in the following year.
In value terms, flax, tow and waste imports declined rapidly to $X in 2021. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped markedly in the following year.
Imports by Country
The purchases of the one major importers of flax, tow and waste, namely Nigeria, represented more than two-thirds of total import.
Nigeria was also the fastest-growing in terms of the flax, tow and waste imports, with a CAGR of +X% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) constitutes the largest market for imported flax, tow and waste in Western Africa.
In Nigeria, flax, tow and waste imports expanded at an average annual rate of +X% over the period from 2012-2021.
Import Prices by Country
In 2021, the import price in Western Africa amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
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 -X% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for flax, tow and waste 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 774 - Flax tow and waste
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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