Western Africa: Market for Non-Refractory Clay Constructional Products 2024

Market Size for Non-Refractory Clay Constructional Products in Western Africa

The West African non-refractory clay constructional products market contracted slightly to $X in 2022, remaining stable against the previous year. In general, consumption, however, recorded a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Non-Refractory Clay Constructional Products in Western Africa

In value terms, non-refractory clay constructional products production declined modestly to $X in 2022 estimated in export price. In general, production, however, saw a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 16% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Non-Refractory Clay Constructional Products

Exports in Western Africa

In 2022, overseas shipments of non-refractory clay constructional products were finally on the rise to reach X tons after three years of decline. In general, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by 810% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-refractory clay constructional products exports reduced remarkably to $X in 2022. Overall, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 523%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Ghana (X tons) represented the largest exporter of non-refractory clay constructional products, mixing up 72% of total exports. Togo (X kg) ranks second in terms of the total exports with an 11% share, followed by Nigeria (11%). Cote d'Ivoire (X kg) followed a long way behind the leaders.

Ghana was also the fastest-growing in terms of the non-refractory clay constructional products exports, with a CAGR of +32.9% from 2012 to 2022. At the same time, Nigeria (+11.0%) and Cote d'Ivoire (+3.0%) displayed positive paces of growth. By contrast, Togo (-15.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ghana, Nigeria and Cote d'Ivoire increased by +71, +9.7 and +3.2 percentage points, respectively.

In value terms, Cote d'Ivoire ($X), Ghana ($X) and Nigeria ($X) constituted the countries with the highest levels of exports in 2022, with a combined 92% share of total exports.

In terms of the main exporting countries, Ghana, with a CAGR of +20.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with a decrease of -27% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 125%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

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 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+7.0%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Refractory Clay Constructional Products

Imports in Western Africa

In 2022, approx. X tons of non-refractory clay constructional products were imported in Western Africa; therefore, remained relatively stable against 2021 figures. Overall, imports, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 241%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-refractory clay constructional products imports stood at $X in 2022. In general, imports, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2019 when imports increased by 234%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X tons), distantly followed by Guinea-Bissau (X tons), Mauritania (X tons), Ghana (X tons), Gambia (X tons), Cabo Verde (X tons), Senegal (X tons), Mali (X tons) and Niger (X tons) were the main importers of non-refractory clay constructional products, together constituting 91% of total imports.

From 2012 to 2022, the biggest increases were recorded for Guinea-Bissau (with a CAGR of +28.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Ghana ($X) and Senegal ($X) constituted the countries with the highest levels of imports in 2022, with a combined 57% share of total imports. Mauritania, Guinea-Bissau, Cabo Verde, Gambia, Mali and Niger lagged somewhat behind, together comprising a further 29%.

Gambia, with a CAGR of +17.2%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, rising by 4.5% against the previous year. Import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-refractory clay constructional products import price decreased by -10.8% against 2020 indices. The growth pace was the most rapid in 2013 when the import price increased by 48% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per ton), while Guinea-Bissau ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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