Western Africa: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Western Africa

The West African barium or aluminium sulphates market skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a pronounced descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in Western Africa

In value terms, barium or aluminium sulphates production shrank to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of Sulphates Of Barium Or Aluminium

Exports in Western Africa

In 2022, shipments abroad of sulphates of barium or aluminium increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates exports soared to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria represented the main exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Cote d'Ivoire (X tons), Burkina Faso (X tons), Niger (X tons) and Ghana (X tons), together achieving a X% share of total exports. The following exporters - Sierra Leone (X tons) and Senegal (X tons) - each resulted at a X% share of total exports.

Nigeria was also the fastest-growing in terms of the sulphates of barium or aluminium exports, with a CAGR of X% from 2012 to 2022. At the same time, Sierra Leone (X%), Niger (X%), Burkina Faso (X%) and Senegal (X%) displayed positive paces of growth. By contrast, Ghana (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Burkina Faso (X p.p.), Niger (X p.p.) and Sierra Leone (X p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) emerged as the largest barium or aluminium sulphates supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Burkina Faso, with a X% share.

In Nigeria, barium or aluminium sulphates exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Burkina Faso (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Niger ($X per ton) was amongst the lowest.

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

Imports of Sulphates Of Barium Or Aluminium

Imports in Western Africa

In 2022, barium or aluminium sulphates imports in Western Africa soared to X tons, rising by X% against the previous year. Overall, imports, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, barium or aluminium sulphates imports skyrocketed to $X in 2022. In general, imports, however, saw a noticeable descent. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Cote d'Ivoire (X tons), distantly followed by Ghana (X tons), Senegal (X tons), Mali (X tons), Niger (X tons), Nigeria (X tons) and Mauritania (X tons) were the key importers of sulphates of barium or aluminium, together making up X% of total imports.

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

In value terms, Cote d'Ivoire ($X), Senegal ($X) and Ghana ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Cote d'Ivoire, 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

In 2022, the import price in Western Africa amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform