Western Africa: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Western Africa

After two years of growth, the West African market for siliceous fossil meals (kieselguhr, tripolite and diatomite) decreased by X% to $X in 2022. In general, consumption, however, enjoyed a perceptible expansion. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Western Africa

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X in 2022 estimated in export price. In general, production, however, showed a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports in Western Africa

In 2022, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) in Western Africa surged to X tons, jumping by X% on 2021 figures. Overall, exports continue to indicate modest growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria represented the largest exporter of siliceous fossil meals (kieselguhr, tripolite and diatomite) in Western Africa, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Senegal (X tons) held the second position in the ranking, distantly followed by Cote d'Ivoire (X tons) and Niger (X tons). All these countries together held approx. X% share of total exports. Ghana (X kg) followed a long way behind the leaders.

Exports from Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Niger (X%) and Ghana (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Senegal (X p.p.) and Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total exports, while Ghana and Niger saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) supplying countries in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Niger ($X), together accounting for X% of total exports.

Cote d'Ivoire, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, dropping by X% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports in Western Africa

In 2022, supplies from abroad of siliceous fossil meals (kieselguhr, tripolite and diatomite) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a temperate increase. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) shrank rapidly to $X in 2022. Over the period under review, imports, however, saw a tangible increase. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Nigeria (X tons), distantly followed by Burkina Faso (X tons), Ghana (X tons), Cote d'Ivoire (X tons), Guinea (X tons), Togo (X tons) and Benin (X tons) represented the major importers of siliceous fossil meals (kieselguhr, tripolite and diatomite), together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Burkina Faso ($X), Nigeria ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Ghana, Togo, Guinea and Benin lagged somewhat behind, together accounting for a further X%.

Guinea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 2022, with an increase of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Burkina Faso ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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