Western Africa: Chlorosulphuric Acid Market 2024

Chlorosulphuric Acid Market Size in Western Africa

The West African chlorosulphuric acid market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption showed resilient growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Chlorosulphuric Acid Production in Western Africa

In value terms, chlorosulphuric acid production surged to $X in 2022 estimated in export price. In general, production, however, recorded prominent growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Chlorosulphuric Acid Exports

Exports in Western Africa

In 2022, shipments abroad of chlorosulphuric acid was finally on the rise to reach X tons for the first time since 2012, thus ending a nine-year declining trend. In general, exports, however, faced a dramatic curtailment. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chlorosulphuric acid exports surged to $X in 2022. Over the period under review, exports, however, saw a sharp descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

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

Exports from Ghana decreased at an average annual rate of X% from 2012 to 2022. Benin experienced a relatively flat trend pattern. From 2012 to 2022, the share of Ghana and Benin increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) remains the largest chlorosulphuric acid supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Benin ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price saw a slight descent. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per ton), while Ghana amounted to $X per ton.

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

Chlorosulphuric Acid Imports

Imports in Western Africa

In 2022, the amount of chlorosulphuric acid imported in Western Africa soared to X tons, jumping by X% on 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, chlorosulphuric acid imports soared to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Burkina Faso represented the major importer of chlorosulphuric acid in Western Africa, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Mali (X tons), creating a X% share of total imports. The following importers - Senegal (X tons) and Mauritania (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to chlorosulphuric acid imports into Burkina Faso stood at X%. At the same time, Mali (X%), Mauritania (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Burkina Faso, Mali and Mauritania increased by X, X and X percentage points, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Burkina Faso amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Mali (X% per year) and Mauritania (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2015 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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