Report Western Africa - Other Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Western Africa - Other Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Cyclic Hydrocarbons Market 2022

Cyclic Hydrocarbons Market Size in Western Africa

After four years of growth, the West African cyclic hydrocarbons market decreased by -X% to $X in 2021. Over the period under review, consumption recorded a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cyclic Hydrocarbons Production in Western Africa

In value terms, cyclic hydrocarbons production shrank to $X in 2021 estimated in export price. In general, production showed a abrupt decrease. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Production By Country in Western Africa

The countries with the highest volumes of in 2021 were Niger (X tons), Senegal (X tons) and Benin (X tons), together accounting for X% of total production.

From 2012 to 2021, the biggest increases were in Benin (with a CAGR of -X%), while production for the other leaders experienced a decline in the production figures.

Cyclic Hydrocarbons Exports

Exports in Western Africa

In 2021, shipments abroad of other cyclic hydrocarbons was finally on the rise to reach X kg for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, cyclic hydrocarbons exports rose modestly to $X in 2021. Over the period under review, exports, however, recorded a deep downturn. 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 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Senegal was the largest exporter of other cyclic hydrocarbons in Western Africa, with the volume of exports accounting for X kg, which was approx. X% of total exports in 2021. It was distantly followed by Ghana (X kg), constituting a X% share of total exports.

Senegal experienced a relatively flat trend pattern with regard to volume of exports of other cyclic hydrocarbons. Ghana (-X%) illustrated a downward trend over the same period. percentage points. Ghana (-X p.p.) saw their shares reduced.

In value terms, Senegal ($X) remains the largest cyclic hydrocarbons supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Senegal amounted to +X%.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the export price, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Senegal ($X per ton), while Ghana amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+X%).

Cyclic Hydrocarbons Imports

Imports in Western Africa

In 2021, after five years of growth, there was significant decline in purchases abroad of other cyclic hydrocarbons, when their volume decreased by -X% to X tons. Over the period under review, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, cyclic hydrocarbons imports shrank dramatically to $X in 2021. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Nigeria represented the major importer of other cyclic hydrocarbons in Western Africa, with the volume of imports recording X tons, which was near X% of total imports in 2021. It was distantly followed by Ghana (X tons), making up a X% share of total imports. Gambia (X tons) followed a long way behind the leaders.

Imports into Nigeria decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Gambia (+X%) and Ghana (+X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. Ghana (+X p.p.) significantly strengthened its position in terms of the total imports, while Nigeria saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported other cyclic hydrocarbons in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports.

In Nigeria, cyclic hydrocarbons imports contracted by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ghana (-X% per year) and Gambia (-X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced slump. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Ghana ($X per ton), while Gambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (-X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for other cyclic hydrocarbons in Western Africa?
+
The countries with the highest volumes of in 2021 were Niger, Senegal and Benin, together accounting for 70% of total consumption.
What are the largest producers of other cyclic hydrocarbons in Western Africa?
+
The countries with the highest volumes of in 2021 were Niger, Senegal and Benin, together accounting for 78% of total production.
What are the leading suppliers of other cyclic hydrocarbons in Western Africa?
+
In value terms, Senegal remains the largest cyclic hydrocarbons supplier in Western Africa, comprising 79% of total exports. The second position in the ranking was taken by Ghana $765), with a 21% share of total exports.
What are the leading importers of other cyclic hydrocarbons in Western Africa?
+
In value terms, Nigeria constitutes the largest market for imported other cyclic hydrocarbons in Western Africa, comprising 82% of total imports. The second position in the ranking was held by Ghana, with a 14% share of total imports.
What is the average export price for other cyclic hydrocarbons in Western Africa?
+
In 2021, the export price in Western Africa amounted to $5,207 per ton, with a decrease of -3.1% against the previous year.
What is the average import price for other cyclic hydrocarbons in Western Africa?
+
The import price in Western Africa stood at $1,245 per ton in 2021, growing by 4% against the previous year.

This report provides an in-depth analysis of the cyclic hydrocarbons market in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20141290 - Other cyclic hydrocarbons
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Western Africa, split by region and country
• Trade (exports and imports) in Western Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Benin
• Burkina Faso
• Cabo Verde
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Niger
• Nigeria
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo
• Cote d'Ivoire
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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