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Report ECOWAS - Phosphorus, Arsenic and Selenium - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

ECOWAS - Phosphorus, Arsenic and Selenium - Market Analysis, Forecast, Size, Trends and Insights

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ECOWAS: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in ECOWAS

The ECOWAS phosphorus, arsenic and selenium market reduced to $X in 2022, approximately mirroring the previous year. In general, consumption, however, continues to indicate a noticeable reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Phosphorus, Arsenic And Selenium in ECOWAS

In value terms, phosphorus, arsenic and selenium production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced decline. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Phosphorus, Arsenic And Selenium

Exports in ECOWAS

In 2022, overseas shipments of phosphorus, arsenic and selenium decreased by X% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, phosphorus, arsenic and selenium exports amounted to $X in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Ghana prevails in exports structure, reaching X kg, which was approx. X% of total exports in 2022. It was distantly followed by Togo (X kg), achieving a X% share of total exports.

Ghana was also the fastest-growing in terms of the phosphorus, arsenic and selenium exports, with a CAGR of X% from 2012 to 2022. At the same time, Togo (X%) displayed positive paces of growth. While the share of Ghana (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Togo (X p.p.) displayed negative dynamics.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana totaled X%.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. 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 Ghana ($X per ton), while Togo 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 Phosphorus, Arsenic And Selenium

Imports in ECOWAS

In 2022, approx. X tons of phosphorus, arsenic and selenium were imported in ECOWAS; with a decrease of X% compared with 2021. Over the period under review, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium imports shrank notably to $X in 2022. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted markedly in the following year.

Imports by Country

Nigeria dominates imports structure, reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Cabo Verde (X tons), generating an X% share of total imports.

Nigeria was also the fastest-growing in terms of the phosphorus, arsenic and selenium imports, with a CAGR of X% from 2012 to 2022. Cabo Verde (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) significantly strengthened its position in terms of the total imports, while Cabo Verde saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Nigeria ($X) constitutes the largest market for imported phosphorus, arsenic and selenium in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Cabo Verde ($X), with a X% share of total imports.

In Nigeria, phosphorus, arsenic and selenium imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild increase. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 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 Nigeria ($X per ton), while Cabo Verde stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Nigeria remains the largest phosphorus, arsenic and selenium consuming country in ECOWAS, accounting for 73% of total volume. Moreover, phosphorus, arsenic and selenium consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Ghana, ninefold. Cote d'Ivoire ranked third in terms of total consumption with a 3.9% share.
Nigeria constituted the country with the largest volume of phosphorus, arsenic and selenium production, comprising approx. 74% of total volume. Moreover, phosphorus, arsenic and selenium production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana, ninefold. Cote d'Ivoire ranked third in terms of total production with a 3.9% share.
In value terms, Nigeria constitutes the largest market for imported phosphorus, arsenic and selenium in ECOWAS, comprising 96% of total imports. The second position in the ranking was held by Cabo Verde, with a 0.6% share of total imports.
The export price in ECOWAS stood at $25,896 per ton in 2022, remaining constant against the previous year.
In 2022, the import price in ECOWAS amounted to $7,900 per ton, waning by -8.4% against the previous year.

This report provides an in-depth analysis of the market for phosphorus, arsenic and selenium in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132180 - Phosphorus, arsenic, selenium

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in ECOWAS, split by region and country
  • Trade (exports and imports) in ECOWAS
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Benin
    • Burkina Faso
    • Cabo Verde
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Liberia
    • Mali
    • Niger
    • Nigeria
    • Senegal
    • Sierra Leone
    • Togo
    • Cote d'Ivoire

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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