Western Africa: Market for Rigid Tubes, Pipes and Hoses of Polymers of Propylene 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Western Africa

The West African propylene polymer rigid pipes market was estimated at $X in 2023, standing approx. at the previous year. The total consumption indicated strong growth from 2012 to 2023: its value 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, consumption decreased by X% against 2021 indices. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Western Africa

In value terms, propylene polymer rigid pipes production reached $X in 2023 estimated in export price. The total production indicated a buoyant increase from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Propylene

Exports in Western Africa

In 2023, approx. X tons of rigid tubes, pipes and hoses of polymers of propylene were exported in Western Africa; with a decrease of X% on 2022 figures. Overall, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, propylene polymer rigid pipes exports shrank to $X in 2023. Over the period under review, exports, however, continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire dominates exports structure, finishing at X tons, which was near X% of total exports in 2023. The following exporters - Senegal (X tons), Gambia (X tons), Mali (X tons), Nigeria (X tons) and Ghana (X tons) - each reached a X% share of total exports.

Cote d'Ivoire was also the fastest-growing in terms of the rigid tubes, pipes and hoses of polymers of propylene exports, with a CAGR of X% from 2012 to 2023. At the same time, Gambia (X%) and Mali (X%) displayed positive paces of growth. By contrast, Ghana (X%), Senegal (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Cote d'Ivoire and Gambia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest propylene polymer rigid pipes supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Gambia ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

In Cote d'Ivoire, propylene polymer rigid pipes exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Gambia (X% per year) and Nigeria (X% per year).

Export Prices by Country

In 2023, the export price in Western Africa amounted to $X per ton, reducing by X% against the previous year. In general, the export price showed a perceptible setback. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Gambia (X%), while the other leaders experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Propylene

Imports in Western Africa

For the fourth consecutive year, Western Africa recorded growth in supplies from abroad of rigid tubes, pipes and hoses of polymers of propylene, which increased by X% to X tons in 2023. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. The volume of import peaked in 2023 and is likely to continue growth in the near future.

In value terms, propylene polymer rigid pipes imports shrank notably to $X in 2023. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

The countries with the highest levels of propylene polymer rigid pipes imports in 2023 were Nigeria (X tons), Burkina Faso (X tons) and Cote d'Ivoire (X tons), together recording X% of total import. It was distantly followed by Guinea (X tons), creating a X% share of total imports. Benin (X tons), Cabo Verde (X tons), Ghana (X tons), Mali (X tons), Senegal (X tons), Niger (X tons) and Sierra Leone (X tons) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sierra Leone (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest propylene polymer rigid pipes importing markets in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Guinea ($X), together comprising X% of total imports. Cabo Verde, Senegal, Burkina Faso, Niger, Mali, Sierra Leone, Benin and Ghana lagged somewhat behind, together accounting for a further X%.

Sierra Leone, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Western Africa stood at $X per ton in 2023, waning by X% against the previous year. Overall, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2023, the import prices remained at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Niger (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform