Report Western Africa - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Western Africa - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Abrasives Market 2022

Abrasives Market Size in Western Africa

The West African abrasives market expanded significantly to $X in 2021, growing by X% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Abrasives Production in Western Africa

In value terms, abrasives production rose significantly to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Abrasives Exports

Exports in Western Africa

In 2021, shipments abroad of abrasives (natural) increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, abrasives exports skyrocketed to $X in 2021. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sierra Leone prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2021. It was distantly followed by Benin (X tons), generating a X% share of total exports. Ghana (X tons) followed a long way behind the leaders.

Sierra Leone was also the fastest-growing in terms of the abrasives (natural) exports, with a CAGR of +X% from 2012 to 2021. Benin (-X%) and Ghana (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Sierra Leone and Benin increased by +X and +X percentage points, respectively. Ghana (-X p.p.) saw their shares reduced.

In value terms, Sierra Leone ($X) emerged as the largest abrasives supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with an X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sierra Leone totaled +X%. In the other countries, the average annual rates were as follows: Ghana (-X% per year) and Benin (+X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, with a decrease of -X% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The growth pace was the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2020, and then dropped remarkably in the following year.

Prices varied noticeably countryorigin: the country with the highest price was Ghana ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Benin (+X%), while the other leaders experienced mixed trends in the export price figures.

Abrasives Imports

Imports in Western Africa

In 2021, approx. X tons of abrasives (natural) were imported in Western Africa; with an increase of X% compared with the previous year. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, abrasives imports skyrocketed to $X in 2021. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria represented the main importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Burkina Faso (X tons), achieving a X% share of total imports. Ghana (X tons), Mauritania (X tons) and Saint Helena, Ascension and Tristan da Cunha (X tons) followed a long way behind the leaders.

Imports into Nigeria increased at an average annual rate of +X% from 2012 to 2021. At the same time, Burkina Faso (+X%), Saint Helena, Ascension and Tristan da Cunha (+X%), Mauritania (+X%) and Ghana (+X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. While the share of Burkina Faso (+X p.p.) and Nigeria (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mauritania (-X p.p.) and Ghana (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported abrasives (natural) in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total imports. It was followed by Ghana, with a X% share.

In Nigeria, abrasives imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Burkina Faso (+X% per year) and Ghana (-X% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the import price recorded a abrupt descent. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Ghana ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saint Helena, Ascension and Tristan da Cunha (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for abrasives (natural) in Western Africa?
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The countries with the highest volumes of consumption in 2021 were Cote d'Ivoire, Ghana and Guinea, together comprising 65% of total consumption.
What are the largest producers of abrasives (natural) in Western Africa?
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The countries with the highest volumes of production in 2021 were Cote d'Ivoire, Ghana and Guinea, together comprising 68% of total production. Benin, Sierra Leone, Mauritania and Togo lagged somewhat behind, together comprising a further 32%.
What are the leading suppliers of abrasives (natural) in Western Africa?
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In value terms, Sierra Leone emerged as the largest abrasives supplier in Western Africa, comprising 84% of total exports. The second position in the ranking was held by Ghana, with an 8.3% share of total exports.
What are the leading importers of abrasives (natural) in Western Africa?
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In value terms, Nigeria constitutes the largest market for imported abrasives natural) in Western Africa, comprising 57% of total imports. The second position in the ranking was taken by Burkina Faso, with a 24% share of total imports. It was followed by Ghana, with a 9.3% share.
What is the average export price for abrasives (natural) in Western Africa?
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The export price in Western Africa stood at $235 per ton in 2021, shrinking by -76.6% against the previous year.
What is the average import price for abrasives (natural) in Western Africa?
+
In 2021, the import price in Western Africa amounted to $304 per ton, dropping by -41.6% against the previous year.

This report provides an in-depth analysis of the abrasives market in Western Africa. 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 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
• Prodcom 08992220 -
• Prodcom 08992230 -
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Western Africa, split by region and country
• Trade (exports and imports) in Western Africa
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Benin
• Burkina Faso
• Cabo Verde
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Niger
• Nigeria
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo
• Cote d'Ivoire
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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