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Report Western Africa - Imines and Their Derivatives and Salts Thereof - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Imines and Their Derivatives and Salts Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Imines Market 2024

Imines Market Size in Western Africa

The West African imines market surged to $X in 2021, increasing by 38% against the previous year. Overall, consumption recorded a strong expansion. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Imines Production in Western Africa

In value terms, imines production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 6.1%. As a result, production attained the peak level of $X, and then contracted modestly in the following year.

Imines Exports

Exports in Western Africa

In 2019, exports of imines and their derivatives and salts thereof in Western Africa reduced remarkably to X kg, which is down by -86.8% on the previous year. Overall, exports, however, showed a significant increase. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

In value terms, imines exports fell dramatically to $X in 2019. In general, exports, however, posted significant growth. The smallest decline of -49.6% was in 2018. The level of export peaked at $X in 2017; however, from 2018 to 2019, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Niger (X kg), together accounting for 100% of total export.

Niger experienced a relatively flat trend pattern with regard to volume of exports of imines and their derivatives and salts thereof. While the share of Niger (+99 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In Niger, imines exports remained relatively stable over the period from 2012-2019.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2019, reducing by -39.9% against the previous year. Over the period under review, the export price faced a significant curtailment. The pace of growth was the most pronounced in 2014 when the export price increased by 8,033% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2019, the rate of growth in terms of prices for Niger amounted to 0.0% per year.

Imines Imports

Imports in Western Africa

In 2021, approx. X tons of imines and their derivatives and salts thereof were imported in Western Africa; surging by 36% against the previous year's figure. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2017 with an increase of 257% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, imines imports surged to $X in 2021. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 347%. The level of import peaked in 2021 and is likely to continue growth in years to come.

Imports by Country

Nigeria represented the major importing country with an import of about X tons, which finished at 78% of total imports. Ghana (X tons) ranks second in terms of the total imports with a 17% share, followed by Cote d'Ivoire (4.7%).

Nigeria was also the fastest-growing in terms of the imines and their derivatives and salts thereof imports, with a CAGR of +34.9% from 2012 to 2021. At the same time, Ghana (+17.9%) and Cote d'Ivoire (+11.0%) displayed positive paces of growth. While the share of Nigeria (+46 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Ghana (-6.2 p.p.) and Cote d'Ivoire (-6.2 p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported imines and their derivatives and salts thereof in Western Africa, comprising 76% of total imports. The second position in the ranking was held by Ghana ($X), with a 16% share of total imports.

In Nigeria, imines imports expanded at an average annual rate of +36.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ghana (+8.6% per year) and Cote d'Ivoire (+9.3% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, picking up by 8.7% against the previous year. In general, the import price, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2016 when the import price increased by 30% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: 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 Nigeria (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Nigeria remains the largest imines consuming country in Western Africa, accounting for 73% of total volume. Moreover, imines consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Senegal, fivefold.
The country with the largest volume of imines production was Senegal, comprising approx. 96% of total volume. Moreover, imines production in Senegal exceeded the figures recorded by the second-largest producer, Niger, more than tenfold.
In value terms, Niger remains the largest imines supplier in Western Africa.
In value terms, Nigeria constitutes the largest market for imported imines and their derivatives and salts thereof in Western Africa, comprising 83% of total imports. The second position in the ranking was occupied by Ghana, with an 11% share of total imports.
In 2020, the imines export price in Western Africa amounted to $8,214 per ton, shrinking by -3.6% against the previous year.
The imines import price in Western Africa stood at $3,852 per ton in 2020, declining by -29.1% against the previous year.

This report provides an in-depth analysis of the imines market 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:

  • Prodcom 20144340 - Imines and their derivatives, and salts thereof

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. TOP EXPORTING COUNTRIES
    4. 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

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    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 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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