Western Africa: Market for Organic Surface Active Agents And Washing Preparations 2024

Market Size for Organic Surface Active Agents And Washing Preparations in Western Africa

The West African market for organic surface active agents and washing preparations totaled $X in 2023, picking up by X% against the previous year. The total consumption indicated a strong 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 attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Organic Surface Active Agents And Washing Preparations in Western Africa

In value terms, production of organic surface active agents and washing preparations rose sharply to $X in 2023 estimated in export price. Over the period under review, production enjoyed a resilient increase. The growth pace was the most rapid in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth remained at a lower figure.

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Exports of Organic Surface Active Agents And Washing Preparations

Exports in Western Africa

Exports of organic surface active agents and washing preparations expanded markedly to X tons in 2023, picking up by X% against 2022 figures. In general, exports showed noticeable growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of organic surface active agents and washing preparations dropped slightly to $X in 2023. Overall, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Ghana was the main exporter of organic surface active agents and washing preparations in Western Africa, with the volume of exports recording X tons, which was near X% of total exports in 2023. Senegal (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (X%) and Cote d'Ivoire (X%). Togo (X tons) held a little share of total exports.

From 2012 to 2023, the biggest increases were recorded for Ghana (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest organic surface active agent and washing preparation supplying countries in Western Africa were Ghana ($X), Senegal ($X) and Nigeria ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Ghana, with a CAGR of X%, recorded 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, declining by X% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Togo ($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 mixed trends in the export price figures.

Imports of Organic Surface Active Agents And Washing Preparations

Imports in Western Africa

In 2023, approx. X tons of organic surface active agents and washing preparations were imported in Western Africa; growing by X% compared with the previous year's figure. Total imports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, imports of organic surface active agents and washing preparations totaled $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Ghana (X tons) was the major importer of organic surface active agents and washing preparations, achieving X% of total imports. Cote d'Ivoire (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Togo (X%), Mauritania (X%), Burkina Faso (X%), Nigeria (X%), Guinea (X%) and Mali (X%). Gambia (X tons) held a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to organic surface active agent and washing preparation imports into Ghana stood at X%. At the same time, Guinea (X%), Cote d'Ivoire (X%), Burkina Faso (X%), Mauritania (X%), Gambia (X%), Mali (X%) and Togo (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. By contrast, Nigeria (X%) illustrated a downward trend over the same period. Cote d'Ivoire (X p.p.), Guinea (X p.p.), Mauritania (X p.p.), Burkina Faso (X p.p.), Ghana (X p.p.) and Gambia (X p.p.) significantly strengthened its position in terms of the total imports, while Togo and Nigeria saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X), Cote d'Ivoire ($X) and Nigeria ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Guinea, Mali, Mauritania, Gambia, Burkina Faso and Togo lagged somewhat behind, together comprising a further X%.

Guinea, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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, with a decrease of X% against the previous year. In general, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

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

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

Source: IndexBox Platform