Western Africa: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Western Africa

The West African organic surface active agent market totaled $X in 2023, growing by X% against the previous year. The total consumption indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Organic Surface Active Agents in Western Africa

In value terms, organic surface active agent production expanded markedly to $X in 2023 estimated in export price. Over the period under review, production saw a slight increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Exports of Organic Surface Active Agents

Exports in Western Africa

In 2023, approx. X tons of organic surface active agents were exported in Western Africa; falling by X% against the previous year's figure. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2022, and then shrank sharply in the following year.

In value terms, organic surface active agent exports declined slightly to $X in 2023. Total exports indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced slightly in the following year.

Exports by Country

Nigeria was the main exporter of organic surface active agents in Western Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Cote d'Ivoire (X tons) held the second position in the ranking, followed by Ghana (X tons) and Niger (X tons). All these countries together took approx. X% share of total exports. Liberia (X tons), Guinea (X tons) and Sierra Leone (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to organic surface active agent exports from Nigeria stood at X%. At the same time, Niger (X%), Ghana (X%), Guinea (X%), Liberia (X%), Sierra Leone (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2023. Niger (X p.p.), Ghana (X p.p.), Nigeria (X p.p.), Cote d'Ivoire (X p.p.), Liberia (X p.p.) and Guinea (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X), Nigeria ($X) and Ghana ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Niger, Liberia, Sierra Leone and Guinea lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Niger, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Western Africa amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, recorded a noticeable decline. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Guinea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced a decline in the export price figures.

Imports of Organic Surface Active Agents

Imports in Western Africa

In 2023, supplies from abroad of organic surface active agents decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a measured increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, organic surface active agent imports shrank to $X in 2023. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Mauritania (X tons) and Ghana (X tons) were the largest importers of organic surface active agents in 2023, amounting to approx. X% and X% of total imports, respectively. Nigeria (X tons) ranks next in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%). Senegal (X tons) took a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mauritania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest organic surface active agent importing markets in Western Africa were Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports. Mauritania and Senegal lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Mauritania, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2022 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform