Western Africa: Market for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function 2024

Market Size for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Western Africa

The West African market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function expanded modestly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, showed a perceptible slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Western Africa

In value terms, production of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function reached $X in 2022 estimated in export price. In general, production, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Exports in Western Africa

Exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function soared to X tons in 2022, with an increase of X% on the previous year. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function skyrocketed to $X in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Senegal (X tons) was the largest exporter of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function, creating X% of total exports. It was distantly followed by Cabo Verde (X kg), achieving a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cabo Verde (with a CAGR of X%).

From 2012 to 2022, the average annual growth rate of value in Cabo Verde was relatively modest.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, waning by X% against the previous year. In general, the export price continues to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Cabo Verde ($X per ton), while Senegal totaled $X per ton.

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

Imports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Imports in Western Africa

In 2022, the amount of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function imported in Western Africa surged to X tons, jumping by X% on 2021 figures. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function shrank remarkably to $X in 2022. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports of attained the peak figure at $X in 2021, and then fell rapidly in the following year.

Imports by Country

Nigeria dominates function structure, resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Cabo Verde (X tons), achieving a X% share of total imports. The following importers - Liberia (X tons), Cote d'Ivoire (X tons) and Ghana (X tons) - together made up X% of total imports.

Nigeria was also the fastest-growing in terms of the camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function imports, with a CAGR of X% from 2012 to 2022. At the same time, Cabo Verde (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. By contrast, Liberia (X%) and Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function in Western Africa, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Liberia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Nigeria amounted to X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Liberia (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Cabo Verde ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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