"ECOWAS" region includes following countries:
Earlier Report Observations
The feldspar market in ECOWAS saw considerable volatility between 2018 and 2020, with market volume declining from 41 thousand tons to 21 thousand tons. During this period, regional trade was shaped by the revision of rules of origin and procedures for origin recognition in 2018, which affected intra-regional market access, while the introduction of transfer pricing regulations in 2019 influenced commercial practices in the extractive sector.
Market recovery began in 2021, with volume rising to 40 thousand tons by 2022. The publication of the ECOWAS Subsidy Manual in 2021, setting clear rules for procurement and support, likely encouraged investment and boosted production. Further momentum came in 2022 from the Regional Trade Facilitation Committee's work to streamline customs procedures, easing the movement of goods across borders.
By 2024, the regional landscape shifted notably with the inauguration of a new feldspar extraction and processing plant in Algeria, a member state, boasting an annual capacity of 90 thousand tons. This significant addition to regional supply coincided with the promotion of a unified mineral development strategy at the ECOWAS mining forum, emphasizing local value addition and industrial cooperation.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2022
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2022
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in ECOWAS
- 5.1.1. Annual dynamics of production in ECOWAS in kind, 2018-2022, t
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5.2. Global production by Country, 2018-2022
- 5.2.1. Annual dynamics of production by country in kind, 2018-2022, t
- 5.2.2. Structure of production by countries in kind, 2018-2022
- 5.2.3. Dynamics of peoduction structure by countries in kind, 2018-2022
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5.1. Production in ECOWAS
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Benin in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Benin by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Benin in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Benin by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Benin, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Benin by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Benin in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Benin by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Benin in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Benin by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Benin, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Benin by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Benin in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Benin by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Benin in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Benin by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Benin, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Benin by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Benin in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Benin by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Benin in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Benin by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Benin, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Benin by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production feldspar in ECOWAS
In kind, 2017-2020, t
Top producers of feldspar, 2017-2020
World map of production of feldspar, 2017-2020
ECOWAS's feldspar production declined for the second year in a row. In 2020, the region produced 19,453 tons of feldspar, marking a sharp 42.3% drop compared to the previous year. From 2017 to 2020, production fell by 29.7%, which translates to an average annual decrease of 11.1%. The highest production level was recorded in 2018 at 41,355 tons, representing a significant 49.5% increase from the prior year.
Annual dynamics of production in ECOWAS in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 49.5% | (18.5%) | (42.3%) | (11.1%) |
Exports feldspar from ECOWAS
Exports in kind, t
Annual dynamics of product's exports from ECOWAS in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2017 and 2020, China was the top destination for ECOWAS's feldspar exports in volume terms, accounting for 17.9% of the total.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from ECOWAS in kind, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from ECOWAS in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, China led ECOWAS's feldspar exports in value terms, with a share of 15.0%.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from ECOWAS in value, 2017-2020
Imports feldspar to ECOWAS
Imports in kind, t
The import market for feldspar in ECOWAS was highly volatile during this period. In 2018, imports hit their lowest point at just 3 tons, which was a 99.7% decline from the previous year. The following year, 2019, saw a dramatic surge of 32,652.1%, leading to a sharp rise. By 2020, imports reached 2,122 tons, up 123.4% from 2019, and the gap between the peak in 2020 and the low in 2018 was a staggering 732-fold difference.
Annual dynamics of product's imports to ECOWAS in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (99.7%) | 32 652.1% | 123.4% | 35.5% |
From 2017 to 2020, China, Turkey, and Spain dominated ECOWAS's feldspar imports in volume, collectively making up 88.7% of the total.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to ECOWAS in kind, 2017-2020
Imports in value, K $ US
ECOWAS's feldspar import market exhibited significant volatility over these years. In 2018, imports dropped to their minimum at 18.0 thousand US dollars, an 86.0% decrease. The next year, 2019, brought a massive 808.1% increase. By 2020, imports climbed to 313.6 thousand US dollars, rising 91.7% year-over-year, with a 17-fold variation between the 2020 peak and the 2018 low.
Annual dynamics of product's imports to ECOWAS in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (86.0%) | 808.1% | 91.7% | 34.6% |
During 2017–2020, China, Turkey, and Spain were the main suppliers of feldspar to ECOWAS in value terms. China held 53.9% of the import share, Turkey 21.1%, and Spain 16.8%, together accounting for 91.8% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to ECOWAS in value, 2017-2020
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