ECOWAS: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in ECOWAS

In 2022, the ECOWAS hydrazine and hydroxylamine derivatives market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption saw buoyant growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Organic Derivatives Of Hydrazine Or Of Hydroxylamine in ECOWAS

In value terms, hydrazine and hydroxylamine derivatives production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports in ECOWAS

In 2019, approx. X tons of organic derivatives of hydrazine or of hydroxylamine were exported in ECOWAS; growing by X% on 2018 figures. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hydrazine and hydroxylamine derivatives exports soared to $X in 2019. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Togo dominates exports structure, accounting for X tons, which was near X% of total exports in 2019. Senegal (X kg) took a little share of total exports.

Togo experienced a relatively flat trend pattern with regard to volume of exports of organic derivatives of hydrazine or of hydroxylamine. Senegal experienced a relatively flat trend pattern. From 2012 to 2019, the share of Togo increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

From 2012 to 2019, the average annual growth rate of value in Togo was relatively modest.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2019, rising by X% against the previous year. Over the period under review, the export price recorded a significant increase. The pace of growth was the most pronounced in 2015 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2016; afterwards, it flattened through to 2019.

There were significant differences in the average prices amongst the major exporting countries. In 2019, amid the top suppliers, the country with the highest price was Togo ($X per ton), while Senegal amounted to $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Togo (X%).

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports in ECOWAS

Hydrazine and hydroxylamine derivatives imports skyrocketed to X tons in 2022, picking up by X% on the previous year's figure. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, hydrazine and hydroxylamine derivatives imports soared to $X in 2022. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Nigeria represented the major importer of organic derivatives of hydrazine or of hydroxylamine in ECOWAS, with the volume of imports reaching X tons, which was near X% of total imports in 2022. Cote d'Ivoire (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Senegal (X%) and Ghana (X%). Liberia (X tons) followed a long way behind the leaders.

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

In value terms, Nigeria ($X) constitutes the largest market for imported organic derivatives of hydrazine or of hydroxylamine in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (X% per year) and Senegal (X% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, 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 ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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