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Report Western Africa - P-Xylene - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - P-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: P-Xylene Market 2024

P-Xylene Market Size in Western Africa

In 2021, after three years of growth, there was significant decline in the West African p-xylene market, when its value decreased by -5.4% to $X. Over the period under review, consumption, however, showed a prominent increase. Over the period under review, the market hit record highs at $X in 2020, and then fell in the following year.

P-Xylene Production in Western Africa

In value terms, p-xylene production shrank to $X in 2021 estimated in export price. In general, production, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 180%. The level of production peaked at $X in 2020, and then shrank slightly in the following year.

P-Xylene Exports

Exports by Country

The shipments of the one major exporters of p-xylene, namely Nigeria, represented more than two-thirds of total export.

Nigeria experienced a relatively flat trend pattern with regard to volume of exports of p-xylene. The shares of the largest exporters remained relatively stable throughout the analyzed period.

From 2015 to 2015, the average annual rate of growth in terms of value in Nigeria was relatively modest.

P-Xylene Imports

Imports in Western Africa

In 2021, after four years of growth, there was significant decline in supplies from abroad of p-xylene, when their volume decreased by -29.9% to X tons. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2013 when imports increased by 117% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then dropped dramatically in the following year.

In value terms, p-xylene imports shrank remarkably to $X in 2021. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 113% against the previous year. The level of import peaked at $X in 2020, and then dropped rapidly in the following year.

Imports by Country

Nigeria prevails in imports structure, accounting for X tons, which was approx. 97% of total imports in 2021. Mauritania (X tons) held a minor share of total imports.

Nigeria was also the fastest-growing in terms of the p-xylene imports, with a CAGR of +26.8% from 2012 to 2021. At the same time, Mauritania (+13.6%) displayed positive paces of growth. While the share of Nigeria (+2.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mauritania (-2.7 p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported p-xylene in Western Africa, comprising 95% of total imports. The second position in the ranking was held by Mauritania ($X), with a 2.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Nigeria amounted to +20.4%.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, reducing by -2.7% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2016 when the import price increased by 31% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Mauritania ($X per ton), while Nigeria stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritania (+7.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Niger, Burkina Faso and Mali, together accounting for 56% of total consumption. Guinea, Senegal, Benin and Togo lagged somewhat behind, together comprising a further 44%.
The countries with the highest volumes of in 2021 were Niger, Burkina Faso and Mali, with a combined 56% share of total production. These countries were followed by Guinea, Senegal, Benin and Togo, which together accounted for a further 44%.
In value terms, Nigeria constitutes the largest market for imported p-xylene in Western Africa.
The import price in Western Africa stood at $1,285 per ton in 2021, growing by 9% against the previous year.

This report provides an in-depth analysis of the p-xylene 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 20141245 - p-Xylene

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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