Western Africa: Kaolin Market 2024

Kaolin Market Size in Western Africa

For the fifth year in a row, the West African kaolin market recorded growth in sales value, which increased by X% to $X in 2023. Over the period under review, consumption recorded a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Kaolin Production in Western Africa

In value terms, kaolin production totaled $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

Kaolin Exports

Exports in Western Africa

In 2023, after two years of decline, there was significant growth in shipments abroad of kaolin and kaolinic clays, when their volume increased by X% to X tons. In general, exports, however, continue to indicate a slight downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, kaolin exports skyrocketed to $X in 2023. Total exports indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Senegal represented the key exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Cote d'Ivoire (X tons), generating a X% share of total exports.

Exports from Senegal decreased at an average annual rate of X% from 2012 to 2023. At the same time, Cote d'Ivoire (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 2012-2023. Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total exports, while Senegal saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Senegal ($X) remains the largest kaolin supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with an X% share of total exports.

In Senegal, kaolin exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2023, surging by X% against the previous year. Export price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, kaolin export price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Cote d'Ivoire totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Senegal (X%).

Kaolin Imports

Imports in Western Africa

In 2023, the amount of kaolin and kaolinic clays imported in Western Africa rose slightly to X tons, picking up by X% on the previous year's figure. Over the period under review, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, kaolin imports amounted to $X in 2023. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

In 2023, Nigeria (X tons) represented the largest importer of kaolin and kaolinic clays, mixing up X% of total imports. Burkina Faso (X tons) ranks second in terms of the total imports with a X% share, followed by Ghana (X%) and Senegal (X%).

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2023. At the same time, Senegal (X%), Ghana (X%) and Burkina Faso (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. While the share of Nigeria (X p.p.), Senegal (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Burkina Faso (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported kaolin and kaolinic clays in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with an X% share of total imports. It was followed by Ghana, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria amounted to X%. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Ghana (X% per year).

Import Prices by Country

In 2023, the import price in Western Africa amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked at $X per ton in 2022, and then contracted in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Burkina Faso (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform