Western Africa: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Western Africa

The West African chlorates, bromates and iodates market contracted to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Western Africa

In value terms, chlorates, bromates and iodates production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports in Western Africa

In 2022, the amount of chlorates and perchlorates, bromates and perbromates, iodates and periodates exported in Western Africa declined to X tons, reducing by X% against the previous year's figure. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, chlorates, bromates and iodates exports dropped remarkably to $X in 2022. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Senegal prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. Nigeria (X kg) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to chlorates, bromates and iodates exports from Senegal stood at X%. At the same time, Nigeria (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Senegal and Nigeria increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) remains the largest chlorates, bromates and iodates supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Senegal amounted to X%.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 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 Senegal ($X per ton), while Nigeria totaled $X per ton.

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

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports in Western Africa

In 2022, overseas purchases of chlorates and perchlorates, bromates and perbromates, iodates and periodates decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded 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 failed to regain momentum.

In value terms, chlorates, bromates and iodates imports soared to $X in 2022. Overall, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Mali (X tons) represented the main importer of chlorates and perchlorates, bromates and perbromates, iodates and periodates, generating X% of total imports. It was distantly followed by Nigeria (X tons), Senegal (X tons) and Liberia (X tons), together creating a X% share of total imports. The following importers - Niger (X tons), Ghana (X tons) and Togo (X tons) - each finished at a X% share of total imports.

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

In value terms, Nigeria ($X) constitutes the largest market for imported chlorates and perchlorates, bromates and perbromates, iodates and periodates in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with a X% share of total imports. It was followed by Mali, with a X% share.

In Nigeria, chlorates, bromates and iodates imports expanded at 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: Senegal (X% per year) and Mali (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Senegal ($X per ton), while Liberia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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