Report Western Africa - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Western Africa - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Market for Polyethylene in Primary Forms 2022

Market Size for Polyethylene in Primary Forms in Western Africa

In 2021, after three years of growth, there was decline in the West African polyethylene in primary forms market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Production of Polyethylene in Primary Forms in Western Africa

In value terms, polyethylene in primary forms production expanded modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Polyethylene in Primary Forms

Exports in Western Africa

In 2021, approx. X tons of polyethylene in primary forms were exported in Western Africa; which is down by -X% against 2020. Over the period under review, exports, however, continue to indicate a notable increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, polyethylene in primary forms exports contracted rapidly to $X in 2021. Overall, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Nigeria (X tons) represented the major exporter of polyethylene in primary forms, creating X% of total exports. It was distantly followed by Senegal (X tons), committing a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to polyethylene in primary forms exports from Nigeria stood at +X%. At the same time, Senegal (+X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +X% from 2012-2021. While the share of Senegal (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Nigeria (-X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) remains the largest polyethylene in primary forms supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with an X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Nigeria stood at -X%.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Nigeria ($X per ton), while Senegal amounted to $X per ton.

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

Imports of Polyethylene in Primary Forms

Imports in Western Africa

In 2021, after two years of growth, there was significant decline in supplies from abroad of polyethylene in primary forms, when their volume decreased by -X% to X tons. Overall, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then fell in the following year.

In value terms, polyethylene in primary forms imports declined modestly to $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then declined in the following year.

Imports by Country

Nigeria represented the main importer of polyethylene in primary forms in Western Africa, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2021. Cote d'Ivoire (X tons) took the second position in the ranking, followed by Togo (X tons) and Ghana (X tons). All these countries together held near X% share of total imports. Senegal (X tons) and Guinea (X tons) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the polyethylene in primary forms imports, with a CAGR of +X% from 2012 to 2021. At the same time, Guinea (+X%), Togo (+X%), Senegal (+X%) and Cote d'Ivoire (+X%) displayed positive paces of growth. By contrast, Ghana (-X%) illustrated a downward trend over the same period. Nigeria (+X p.p.) significantly strengthened its position in terms of the total imports, while Senegal, Cote d'Ivoire and Ghana saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported polyethylene in primary forms in Western Africa, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Togo, with a X% share.

In Nigeria, polyethylene in primary forms imports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (-X% per year) and Togo (+X% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+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 polyethylene in primary forms in Western Africa?
+
The countries with the highest volumes of in 2021 were Nigeria, Niger and Cote d'Ivoire, with a combined 81% share of total consumption.
What are the largest producers of polyethylene in primary forms in Western Africa?
+
Niger remains the largest polyethylene in primary forms producing country in Western Africa, comprising approx. 100% of total volume.
What are the leading suppliers of polyethylene in primary forms in Western Africa?
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In value terms, Nigeria remains the largest polyethylene in primary forms supplier in Western Africa, comprising 83% of total exports. The second position in the ranking was held by Senegal, with an 11% share of total exports.
What are the leading importers of polyethylene in primary forms in Western Africa?
+
In value terms, Nigeria constitutes the largest market for imported polyethylene in primary forms in Western Africa, comprising 64% of total imports. The second position in the ranking was taken by Cote d'Ivoire, with a 10% share of total imports. It was followed by Togo, with a 9.9% share.
What is the average export price for polyethylene in primary forms in Western Africa?
+
The export price in Western Africa stood at $1,243 per ton in 2021, surging by 12% against the previous year.
What is the average import price for polyethylene in primary forms in Western Africa?
+
The import price in Western Africa stood at $1,106 per ton in 2021, jumping by 15% against the previous year.

This report provides an in-depth analysis of the market for polyethylene in primary forms 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
• Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
• Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• 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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