Western Africa: Market for Soap And Organic Surface-Active Products In Bars For Toilet Use 2024

Market Size for Soap And Organic Surface-Active Products In Bars For Toilet Use in Western Africa

The West African market for soap and organic surface-active products in bars for toilet use expanded remarkably to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Soap And Organic Surface-Active Products In Bars For Toilet Use in Western Africa

In value terms, production of soap and organic surface-active products in bars for toilet use rose rapidly to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Exports in Western Africa

In 2022, shipments abroad of soap and organic surface-active products in bars for toilet use increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of soap and organic surface-active products in bars for toilet use expanded slightly to $X in 2022. Total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire represented the key exporter of soap and organic surface-active products in bars for toilet use in Western Africa, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Nigeria (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (X%). The following exporters - Benin (X tons) and Senegal (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to soap in bars for toilet use exports from Cote d'Ivoire stood at X%. At the same time, Benin (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. Nigeria experienced a relatively flat trend pattern. By contrast, Senegal (X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (X p.p.) and Benin (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Senegal (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest soap in bars for toilet use supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Benin, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire amounted to X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Benin (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, 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 Benin ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Imports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Imports in Western Africa

In 2022, imports of soap and organic surface-active products in bars for toilet use in Western Africa contracted modestly to X tons, waning by X% compared with 2021 figures. In general, imports saw a noticeable reduction. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of soap and organic surface-active products in bars for toilet use fell to $X in 2022. Over the period under review, imports showed a deep slump. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Ghana represented the largest importing country with an import of around X tons, which recorded X% of total imports. Sierra Leone (X tons) ranks second in terms of the total imports with a X% share, followed by Togo (X%), Gambia (X%), Cote d'Ivoire (X%), Benin (X%) and Liberia (X%).

Imports into Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Gambia (X%), Togo (X%), Liberia (X%) and Sierra Leone (X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Cote d'Ivoire experienced a relatively flat trend pattern. By contrast, Benin (X%) illustrated a downward trend over the same period. While the share of Ghana (X p.p.), Togo (X p.p.), Gambia (X p.p.), Sierra Leone (X p.p.), Liberia (X p.p.) and Cote d'Ivoire (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Benin (X p.p.) displayed negative dynamics.

In value terms, Ghana ($X) constitutes the largest market for imported soap and organic surface-active products in bars for toilet use in Western Africa, comprising X% of total imports. The second position in the ranking was held by Sierra Leone ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Sierra Leone (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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