Western Africa: Hexamethylenediamine And Ethylenediamine Market 2025

Hexamethylenediamine And Ethylenediamine Market Size in Western Africa

The West African hexamethylenediamine and ethylenediamine market surged to $X in 2021, rising by 25% against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Production in Western Africa

In value terms, hexamethylenediamine and ethylenediamine production soared to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 45%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports in Western Africa

In 2021, after three years of growth, there was significant decline in shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts, when their volume decreased by -58.1% to X tons. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 286%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports contracted notably to $X in 2021. Overall, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 818%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Ghana (X tons) was the key exporter of hexamethylenediamine and its salts, ethylenediamine and its salts in Western Africa, creating 100% of total export.

Ghana was also the fastest-growing in terms of the hexamethylenediamine and its salts, ethylenediamine and its salts exports, with a CAGR of +28.4% from 2012 to 2021. From 2012 to 2021, the share of Ghana increased by +99 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) also remains the largest hexamethylenediamine and ethylenediamine supplier in Western Africa.

From 2012 to 2021, the average annual rate of growth in terms of value in Ghana stood at +16.4%.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, shrinking by -64.4% against the previous year. Over the period under review, the export price showed a deep reduction. The growth pace was the most rapid in 2020 when the export price increased by 167% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined rapidly in the following year.

As there is only one major export destination, 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 -9.3% per year.

Hexamethylenediamine And Ethylenediamine Imports

Imports in Western Africa

In 2021, purchases abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 107% to X tons, rising for the fourth year in a row after two years of decline. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 164% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, hexamethylenediamine and ethylenediamine imports soared to $X in 2021. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 181%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

Burkina Faso represented the key importer of hexamethylenediamine and its salts, ethylenediamine and its salts in Western Africa, with the volume of imports recording X tons, which was approx. 85% of total imports in 2021. It was distantly followed by Nigeria (X tons), achieving a 14% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to hexamethylenediamine and ethylenediamine imports into Burkina Faso stood at +32.9%. At the same time, Nigeria (+52.5%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +52.5% from 2012-2021. From 2012 to 2021, the share of Burkina Faso and Nigeria increased by +45 and +12 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Burkina Faso ($X) constitutes the largest market for imported hexamethylenediamine and its salts, ethylenediamine and its salts in Western Africa, comprising 74% of total imports. The second position in the ranking was held by Nigeria ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Burkina Faso stood at +32.1%.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, shrinking by -14.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by 8%. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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 Burkina Faso stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+6.4%).

Source: IndexBox Platform

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