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Report Western Africa - Phosphorus, Arsenic and Selenium - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Phosphorus, Arsenic and Selenium - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Western Africa

In 2021, the West African phosphorus, arsenic and selenium market increased by 189% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption continues to indicate buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Phosphorus, Arsenic And Selenium in Western Africa

In value terms, phosphorus, arsenic and selenium production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports in Western Africa

In 2021, shipments abroad of phosphorus, arsenic and selenium was finally on the rise to reach X kg for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp decrease. The pace of growth appeared the most rapid in 2015 when exports increased by 1,450% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, phosphorus, arsenic and selenium exports soared to $X in 2021. In general, exports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of 755,000% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Nigeria (X kg) represented roughly 100% of total exports in 2021.

Nigeria was also the fastest-growing in terms of the phosphorus, arsenic and selenium exports, with a CAGR of -17.4% from 2012 to 2021. While the share of Nigeria (+99 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) also remains the largest phosphorus, arsenic and selenium supplier in Western Africa.

From 2012 to 2021, the average annual growth rate of value in Nigeria amounted to -11.0%.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, increasing by 76% against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2015 an increase of 1,640%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, 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 +7.7% per year.

Imports of Phosphorus, Arsenic And Selenium

Imports in Western Africa

In 2021, overseas purchases of phosphorus, arsenic and selenium were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports posted buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 214% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium imports soared to $X in 2021. In general, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria dominates imports structure, finishing at X tons, which was near 90% of total imports in 2021. It was distantly followed by Cote d'Ivoire (X tons), comprising an 8.3% share of total imports.

Nigeria was also the fastest-growing in terms of the phosphorus, arsenic and selenium imports, with a CAGR of +19.1% from 2012 to 2021. Cote d'Ivoire (-6.7%) illustrated a downward trend over the same period. Nigeria (+90 p.p.) significantly strengthened its position in terms of the total imports, while Cote d'Ivoire saw its share reduced by -16.8% from 2012 to 2021, respectively.

In value terms, Nigeria ($X) constitutes the largest market for imported phosphorus, arsenic and selenium in Western Africa, comprising 87% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Nigeria totaled +31.4%.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, increasing by 11% against the previous year. In general, the import price saw prominent growth. The pace of growth was the most pronounced in 2020 when the import price increased by 42% against the previous year. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Cote d'Ivoire ($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 Nigeria (+10.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Nigeria remains the largest phosphorus, arsenic and selenium consuming country in Western Africa, comprising approx. 92% of total volume. Moreover, phosphorus, arsenic and selenium consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cabo Verde, more than tenfold.
The country with the largest volume of phosphorus, arsenic and selenium production was Togo, comprising approx. 89% of total volume. Moreover, phosphorus, arsenic and selenium production in Togo exceeded the figures recorded by the second-largest producer, Ghana, tenfold.
In value terms, Nigeria $49) remains the largest phosphorus, arsenic and selenium supplier in Western Africa.
In value terms, Nigeria constitutes the largest market for imported phosphorus, arsenic and selenium in Western Africa, comprising 57% of total imports. The second position in the ranking was occupied by Cote d'Ivoire, with a 27% share of total imports.
The export price in Western Africa stood at $49,000 per ton in 2020, with an increase of 79% against the previous year.
In 2021, the import price in Western Africa amounted to $1,471 per ton, falling by -5% against the previous year.

This report provides an in-depth analysis of the market for phosphorus, arsenic and selenium 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 20132180 - Phosphorus, arsenic, selenium

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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