ECOWAS: Market for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) 2024

Market Size for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in ECOWAS

The ECOWAS market for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) amounted to $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate a strong expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in ECOWAS

In value terms, production of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) expanded sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Exports in ECOWAS

In 2022, shipments abroad of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) expanded sharply to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Senegal prevails in trimethylamine) structure, accounting for X kg, which was near X% of total exports in 2022. It was distantly followed by Cote d'Ivoire (X kg), comprising a X% share of total exports. Nigeria (X kg) followed a long way behind the leaders.

Senegal was also the fastest-growing in terms of the acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) exports, with a CAGR of X% from 2012 to 2022. Nigeria experienced a relatively flat trend pattern. Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.) and Nigeria (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Cote d'Ivoire (X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) remains the largest acylic monoamines,their derivatives and salts thereof supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price saw a abrupt descent. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Senegal ($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 (X%).

Imports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Imports in ECOWAS

In 2022, after three years of growth, there was significant decline in supplies from abroad of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine), when their volume decreased by X% to X tons. In general, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then declined notably in the following year.

In value terms, imports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) shrank remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

Nigeria (X tons) and Ghana (X tons) were the largest importers of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) in 2022, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by Niger (X tons), generating a X% share of total imports. The following importers - Liberia (X tons) and Cote d'Ivoire (X tons) - each reached a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ghana (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Ghana ($X) and Niger ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Niger ($X per ton), while Ghana ($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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