ECOWAS: Polymer Ion-Exchangers Market 2024

Polymer Ion-Exchangers Market Size in ECOWAS

The ECOWAS polymer ion-exchangers market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated a modest 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. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Polymer Ion-Exchangers Production in ECOWAS

In value terms, polymer ion-exchangers production stood at $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X,400%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Polymer Ion-Exchangers Exports

Exports in ECOWAS

After two years of growth, overseas shipments of ion-exchangers based on synthetic or natural polymers in primary forms decreased by X% to X tons in 2022. Over the period under review, exports, however, showed a pronounced increase. The pace of growth was the most pronounced in 2015 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, polymer ion-exchangers exports reduced markedly to $X in 2022. In general, exports faced a deep setback. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tons) represented roughly X% of total exports in 2022.

Cote d'Ivoire was also the fastest-growing in terms of the ion-exchangers based on synthetic or natural polymers in primary forms exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Cote d'Ivoire increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) also remains the largest polymer ion-exchangers supplier in ECOWAS.

From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire stood at X%.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, faced a abrupt descent. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.

Polymer Ion-Exchangers Imports

Imports in ECOWAS

After two years of decline, overseas purchases of ion-exchangers based on synthetic or natural polymers in primary forms increased by X% to X tons in 2022. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, polymer ion-exchangers imports skyrocketed to $X in 2022. Total imports indicated a modest 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. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Nigeria prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Ghana (X tons) and Cote d'Ivoire (X tons), together generating a X% share of total imports. Senegal (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to polymer ion-exchangers imports into Nigeria stood at X%. At the same time, Cote d'Ivoire (X%), Ghana (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. While the share of Nigeria (X p.p.), Ghana (X p.p.) and Cote d'Ivoire (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported ion-exchangers based on synthetic or natural polymers in primary forms in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

In Nigeria, polymer ion-exchangers imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Ghana ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform