ECOWAS: Market for Kaolinitic Clays, Fireclays And Clays For Construction Use 2024

Market Size for Kaolinitic Clays, Fireclays And Clays For Construction Use in ECOWAS

After three years of growth, the ECOWAS market for kaolinitic clays, fireclays and clays for construction use decreased by X% to $X in 2021. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Kaolinitic Clays, Fireclays And Clays For Construction Use in ECOWAS

In value terms, production of kaolinitic clays, fireclays and clays for construction use reduced dramatically to $X in 2021 estimated in export price. In general, production saw a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2021, production of growth failed to regain momentum.

Exports of Kaolinitic Clays, Fireclays And Clays For Construction Use

Exports in ECOWAS

In 2021, exports of kaolinitic clays, fireclays and clays for construction use in ECOWAS reduced notably to X tons, which is down by X% compared with the year before. Overall, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of kaolinitic clays, fireclays and clays for construction use declined dramatically to $X in 2021. Over the period under review, exports saw a sharp setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Senegal (X tons) was the key exporter of kaolinitic clays, fireclays and clays for construction use, creating X% of total exports. Cote d'Ivoire (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (X%) and Ghana (X%). The following exporters - Burkina Faso (X kg) and Mali (X kg) - each accounted for a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to kaolinitic clay, fireclay and clay for construction use exports from Senegal stood at X%. Burkina Faso (X%), Nigeria (X%), Mali (X%), Ghana (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (X p.p.), Nigeria (X p.p.), Ghana (X p.p.), Burkina Faso (X p.p.) and Mali (X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Senegal (X p.p.) displayed negative dynamics.

In value terms, the largest kaolinitic clay, fireclay and clay for construction use supplying countries in ECOWAS were Cote d'Ivoire ($X), Senegal ($X) and Ghana ($X), with a combined X% share of total exports. Nigeria, Mali and Burkina Faso lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Burkina Faso, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced more modest paces of growth.

Imports of Kaolinitic Clays, Fireclays And Clays For Construction Use

Imports in ECOWAS

In 2021, after two years of growth, there was significant decline in supplies from abroad of kaolinitic clays, fireclays and clays for construction use, when their volume decreased by X% to X tons. Overall, imports showed a precipitous curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2020, and then shrank rapidly in the following year.

In value terms, imports of kaolinitic clays, fireclays and clays for construction use shrank markedly to $X in 2021. Over the period under review, imports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Nigeria represented the major importer of kaolinitic clays, fireclays and clays for construction use in ECOWAS, with the volume of imports reaching X tons, which was approx. X% of total imports in 2021. It was distantly followed by Cote d'Ivoire (X tons), mixing up a X% share of total imports. The following importers - Togo (X tons) and Burkina Faso (X tons) - each accounted for a X% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Togo (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Nigeria ($X) constitutes the largest market for imported kaolinitic clays, fireclays and clays for construction use in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Burkina Faso, with a X% share.

In Nigeria, imports of kaolinitic clays, fireclays and clays for construction use increased at an average annual rate of X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Burkina Faso (X% per year).

Import Prices by Country

In 2021, the import price in ECOWAS amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Cote d'Ivoire ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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