ECOWAS: Market for Unsaturated Chlorinated Derivatives Of Acyclic Hydrocarbons (Excluding Vinyl Chloride, Trichloroethylene, Tetrachloroethylene) 2024

Market Size for Unsaturated Chlorinated Derivatives Of Acyclic Hydrocarbons (Excluding Vinyl Chloride, Trichloroethylene, Tetrachloroethylene) in ECOWAS

In 2022, the ECOWAS market for unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Unsaturated Chlorinated Derivatives Of Acyclic Hydrocarbons (Excluding Vinyl Chloride, Trichloroethylene, Tetrachloroethylene) in ECOWAS

In value terms, production of unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) shrank to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Unsaturated Chlorinated Derivatives Of Acyclic Hydrocarbons (Excluding Vinyl Chloride, Trichloroethylene, Tetrachloroethylene)

Exports in ECOWAS

After three years of decline, shipments abroad of unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) decreased by X% to X kg in 2020. In general, exports continue to indicate a dramatic downturn. The smallest decline of X% was in 2013. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, exports of unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) dropped markedly to $X in 2020. Overall, exports continue to indicate a sharp decline. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Mali (X kg), together reaching X% of total export.

Mali was also the fastest-growing in terms of the unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) exports, with a CAGR of X% from 2012 to 2020. From 2012 to 2020, the share of Mali increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mali ($X) also remains the largest unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) supplier in ECOWAS.

In Mali, exports of unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) declined by an average annual rate of X% over the period from 2012-2020.

Export Prices by Country

In 2020, the export price in ECOWAS amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Mali.

From 2012 to 2020, the rate of growth in terms of prices for Mali amounted to X% per year.

Imports of Unsaturated Chlorinated Derivatives Of Acyclic Hydrocarbons (Excluding Vinyl Chloride, Trichloroethylene, Tetrachloroethylene)

Imports in ECOWAS

In 2022, purchases abroad of unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) skyrocketed to $X in 2022. Over the period under review, imports, however, showed a perceptible setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Senegal (X tons) was the main importer of unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene), making up X% of total imports. It was distantly followed by Nigeria (X tons), generating a X% share of total imports. Ghana (X tons) held a relatively small share of total imports.

Imports into Senegal increased at an average annual rate of X% from 2012 to 2022. At the same time, Ghana (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. Senegal (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) constitutes the largest market for imported unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports.

In Senegal, imports of unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Ghana (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2017 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2018 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 Ghana ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform