ECOWAS: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in ECOWAS

The ECOWAS skin organic surface-active products market contracted modestly to $X in 2022, approximately equating the previous year. Over the period under review, consumption showed a buoyant increase. 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 Surface-Active Products For Washing The Skin in ECOWAS

In value terms, skin organic surface-active products production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production saw a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Organic Surface-Active Products For Washing The Skin

Exports in ECOWAS

After ten years of growth, overseas shipments of organic surface-active products for washing the skin decreased by X% to X tons in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined rapidly in the following year.

In value terms, skin organic surface-active products exports fell notably to $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Cote d'Ivoire prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. Ghana (X tons) followed a long way behind the leaders.

Cote d'Ivoire was also the fastest-growing in terms of the organic surface-active products for washing the skin exports, with a CAGR of X% from 2012 to 2022. At the same time, Ghana (X%) displayed positive paces of growth. From 2012 to 2022, the share of Cote d'Ivoire increased by X percentage points.

In value terms, Cote d'Ivoire ($X) remains the largest skin organic surface-active products supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Cote d'Ivoire amounted to X%.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, reducing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Ghana stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%).

Imports of Organic Surface-Active Products For Washing The Skin

Imports in ECOWAS

In 2022, skin organic surface-active products imports in ECOWAS expanded significantly to X tons, picking up by X% against 2021 figures. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, skin organic surface-active products imports amounted to $X in 2022. In general, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

In 2022, Ghana (X tons) represented the key importer of organic surface-active products for washing the skin, comprising X% of total imports. Cote d'Ivoire (X tons) held the second position in the ranking, followed by Guinea (X tons), Mali (X tons), Senegal (X tons) and Benin (X tons). All these countries together held near X% share of total imports. Burkina Faso (X tons) followed a long way behind the leaders.

Imports into Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Guinea (X%), Mali (X%), Benin (X%), Cote d'Ivoire (X%), Senegal (X%) and Burkina Faso (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. While the share of Ghana (X p.p.), Guinea (X p.p.), Mali (X p.p.) and Benin (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Cote d'Ivoire (X p.p.), Burkina Faso (X p.p.) and Senegal (X p.p.) displayed negative dynamics.

In value terms, Ghana ($X) constitutes the largest market for imported organic surface-active products for washing the skin in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Guinea, with an X% share.

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

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guinea ($X per ton), while Benin ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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