ECOWAS - Sulphur (Sublimed or Precipitated) and Colloidal Sulphur - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Sulphur Market 2024
Sulphur Market Size in ECOWAS
The ECOWAS sulphur market stood at $X in 2023, almost unchanged from the previous year. The total consumption indicated a measured increase 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.
Sulphur Production in ECOWAS
In value terms, sulphur production amounted to $X in 2023 estimated in export price. The total production indicated a noticeable expansion 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.
Sulphur Exports
Exports in ECOWAS
In 2020, overseas shipments of sulphur (sublimed or precipitated) and colloidal sulphur decreased by X% to X kg for the first time since 2017, thus ending a two-year declining trend. In general, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2020, the growth of the exports remained at a somewhat lower figure.
In value terms, sulphur exports totaled $X in 2020. Over the period under review, exports faced a significant decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2020, the growth of the exports remained at a somewhat lower figure.
Exports by Country
In 2020, Cote d'Ivoire (X kg) was the main exporter of sulphur (sublimed or precipitated) and colloidal sulphur in ECOWAS, committing X% of total export.
Cote d'Ivoire was also the fastest-growing in terms of the sulphur (sublimed or precipitated) and colloidal sulphur exports, with a CAGR of X% from 2012 to 2020. From 2012 to 2020, 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 Cote d'Ivoire, sulphur exports plunged by an average annual rate of X% over the period from 2012-2020.
Export Prices by Country
In 2020, the export price in ECOWAS amounted to $X per ton, approximately mirroring the previous year. In general, the export price recorded a precipitous contraction. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2020, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.
Sulphur Imports
Imports in ECOWAS
In 2023, purchases abroad of sulphur (sublimed or precipitated) and colloidal sulphur was finally on the rise to reach X tons after two years of decline. Overall, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.
In value terms, sulphur imports surged to $X in 2023. Over the period under review, imports, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Nigeria (X tons) was the major importer of sulphur (sublimed or precipitated) and colloidal sulphur, achieving X% of total imports. It was distantly followed by Mali (X tons), creating a X% share of total imports.
From 2012 to 2023, average annual rates of growth with regard to sulphur imports into Nigeria stood at X%. At the same time, Mali (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2023. While the share of Mali (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Nigeria (X p.p.) displayed negative dynamics.
In value terms, Nigeria ($X) constitutes the largest market for imported sulphur (sublimed or precipitated) and colloidal sulphur in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Mali ($X), with an X% share of total imports.
In Nigeria, sulphur imports contracted by an average annual rate of X% over the period from 2012-2023.
Import Prices by Country
The import price in ECOWAS stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.
Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mali ($X per ton), while Nigeria totaled $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the sulphur market in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132120 - Sulphur, sublimed or precipitated, colloidal sulphur
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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