Western Africa: Construction Sands Market 2024

Construction Sands Market Size in Western Africa

The West African construction sands market dropped modestly to $X in 2022, waning by -1.5% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Construction Sands Production in Western Africa

In value terms, construction sands production fell slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 42%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Construction Sands Exports

Exports in Western Africa

In 2022, construction sands exports in Western Africa shrank sharply to X tons, with a decrease of -15.6% compared with the previous year's figure. Overall, exports showed a pronounced contraction. The pace of growth was the most pronounced in 2018 when exports increased by 322%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, construction sands exports shrank significantly to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 44%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Gambia dominates exports structure, accounting for X tons, which was near 90% of total exports in 2022. It was distantly followed by Nigeria (X tons), mixing up a 7.4% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to construction sands exports from Gambia stood at -3.5%. At the same time, Nigeria (+2.7%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +2.7% from 2012-2022. From 2012 to 2022, the share of Nigeria increased by +3.3 percentage points.

In value terms, Gambia ($X) remains the largest construction sands supplier in Western Africa, comprising 78% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 9.7% share of total exports.

In Gambia, construction sands exports decreased by an average annual rate of -2.8% over the period from 2012-2022.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with a decrease of -4.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 134%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Gambia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gambia (+0.9%).

Construction Sands Imports

Imports in Western Africa

In 2022, imports of construction sands in Western Africa skyrocketed to X tons, growing by 40% compared with 2021 figures. Overall, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by 58% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, construction sands imports skyrocketed to $X in 2022. In general, imports, however, faced a abrupt slump. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Cabo Verde prevails in imports structure, finishing at X tons, which was approx. 87% of total imports in 2022. The following importers - Mauritania (X tons), Saint Helena, Ascension and Tristan da Cunha (X tons), Nigeria (X tons), Senegal (X tons) and Ghana (X tons) - together made up 9.5% of total imports.

Imports into Cabo Verde decreased at an average annual rate of -9.4% from 2012 to 2022. At the same time, Senegal (+2.4%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +2.4% from 2012-2022. By contrast, Nigeria (-6.0%), Saint Helena, Ascension and Tristan da Cunha (-9.2%), Ghana (-10.8%) and Mauritania (-36.7%) illustrated a downward trend over the same period. Cabo Verde (+44 p.p.) significantly strengthened its position in terms of the total imports, while Mauritania saw its share reduced by -50.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest construction sands importing markets in Western Africa were Nigeria ($X), Cabo Verde ($X) and Mauritania ($X), together accounting for 76% of total imports. Senegal, Ghana and Saint Helena, Ascension and Tristan da Cunha lagged somewhat behind, together comprising a further 9%.

In terms of the main importing countries, Senegal, with a CAGR of -1.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, rising by 24% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, construction sands import price increased by +85.0% against 2015 indices. The most prominent rate of growth was recorded in 2013 an increase of 28%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritania (+17.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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