Western Africa: Unwrought Zinc Alloys Market 2025

Unwrought Zinc Alloys Market Size in Western Africa

The West African unwrought zinc alloys market declined slightly to $X in 2022, remaining constant against the previous year. Overall, consumption enjoyed a buoyant expansion. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Unwrought Zinc Alloys Production in Western Africa

In value terms, unwrought zinc alloys production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 60% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Unwrought Zinc Alloys Exports

Exports in Western Africa

In 2022, the amount of unwrought zinc alloys exported in Western Africa skyrocketed to X tons, increasing by 56% against 2021. In general, exports recorded a measured increase. The pace of growth was the most pronounced in 2020 when exports increased by 83% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, unwrought zinc alloys exports soared to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 1,081%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Nigeria was the key exporting country with an export of around X tons, which resulted at 67% of total exports. It was distantly followed by Togo (X tons) and Benin (X tons), together achieving a 33% share of total exports.

Exports from Nigeria increased at an average annual rate of +21.4% from 2012 to 2022. At the same time, Benin (+23.3%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +23.3% from 2012-2022. By contrast, Togo (-8.3%) illustrated a downward trend over the same period. Nigeria (+53 p.p.) and Benin (+6.5 p.p.) significantly strengthened its position in terms of the total exports, while Togo saw its share reduced by -59.8% from 2012 to 2022, respectively.

In value terms, Nigeria ($X) remains the largest unwrought zinc alloys supplier in Western Africa, comprising 63% of total exports. The second position in the ranking was taken by Togo ($X), with a 26% share of total exports.

In Nigeria, unwrought zinc alloys exports increased at an average annual rate of +18.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Togo (-11.5% per year) and Benin (+23.1% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, reducing by -2.2% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the export price increased by 773%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (-0.2%), while the other leaders experienced a decline in the export price figures.

Unwrought Zinc Alloys Imports

Imports in Western Africa

In 2022, purchases abroad of unwrought zinc alloys was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 132% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, unwrought zinc alloys imports stood at $X in 2022. Overall, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by 520% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Nigeria was the key importing country with an import of around X tons, which finished at 76% of total imports. Mauritania (X tons) took a 10% share (based on physical terms) of total imports, which put it in second place, followed by Benin (8.3%). Senegal (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to unwrought zinc alloys imports into Nigeria stood at -15.0%. At the same time, Senegal (+20.3%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +20.3% from 2012-2022. By contrast, Mauritania (-1.1%) and Benin (-10.2%) illustrated a downward trend over the same period. Mauritania (+8.1 p.p.), Benin (+3.4 p.p.) and Senegal (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while Nigeria saw its share reduced by -1.9% from 2012 to 2022, respectively.

In value terms, Nigeria ($X) constitutes the largest market for imported unwrought zinc alloys in Western Africa, comprising 84% of total imports. The second position in the ranking was held by Benin ($X), with a 6.8% share of total imports. It was followed by Senegal, with a 4.5% share.

In Nigeria, unwrought zinc alloys imports declined by an average annual rate of -13.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Benin (-12.8% per year) and Senegal (+26.9% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, reducing by -3.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 266% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Senegal ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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