Earlier Report Observations
The market for non-vegetable waxes in Sierra Leone, including beeswax and other insect waxes, demonstrated steady growth from 2018 to 2023. Volume increased from 147.4 t to 153.8 t over this period, representing a total rise of approximately 4.3%. This consistent expansion points to stable underlying demand for these products within the country.
Market growth followed a slightly uneven path, with a notable peak of 154.1 t in 2021. A minor correction occurred in 2022, bringing volume down to 151.6 t, but this was quickly reversed the following year. By 2023, the market had recovered to 153.8 t, confirming the overall upward trajectory and the sector's resilience.
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, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2023
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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 Sierra Leone
- 5.1.1. Annual dynamics of production in Sierra Leone in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Sierra Leone in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Sierra Leone
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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, kg
- 6.1.2.1. Annual dynamics of product's imports to Sierra Leone in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Sierra Leone by countries, 2018-2024, kg
- 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, $ US
- 6.1.3.1. Annual dynamics of product's imports to Sierra Leone in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Sierra Leone by countries, 2018-2024, $ 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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Sierra Leone, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Sierra Leone by countries, 2018-2024, $ US/kg
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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, kg
- 6.2.2.1. Annual dynamics of product's imports to Sierra Leone in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Sierra Leone by countries, 2018-2024, kg
- 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, $ US
- 6.2.3.1. Annual dynamics of product's imports to Sierra Leone in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Sierra Leone by countries, 2018-2024, $ 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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Sierra Leone, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Sierra Leone by countries, 2018-2024, $ US/kg
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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, kg
- 7.1.2.1. Annual dynamics of product's exports from Sierra Leone in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Sierra Leone by countries, 2018-2024, kg
- 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, $ US
- 7.1.3.1. Annual dynamics of product's exports from Sierra Leone in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Sierra Leone by countries, 2018-2024, $ 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/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Sierra Leone, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Sierra Leone by countries, 2018-2024, $ US/kg
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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, kg
- 7.2.2.1. Annual dynamics of product's exports from Sierra Leone in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Sierra Leone by countries, 2018-2024, kg
- 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, $ US
- 7.2.3.1. Annual dynamics of product's exports from Sierra Leone in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Sierra Leone by countries, 2018-2024, $ 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/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Sierra Leone, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Sierra Leone by countries, 2018-2024, $ US/kg
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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, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ 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 non-vegetable waxes in Sierra Leone
In kind, 2017-2020, t
Between 2017 and 2020, Sierra Leone ranked as the 28th largest producer of non-vegetable waxes globally.
Top producers of non-vegetable waxes, 2017-2020
World map of production of non-vegetable waxes, 2017-2020
Sierra Leone's production of non-vegetable waxes grew for the third year in a row. In 2020, the country produced 151.1 tonnes, up 1.1% from the previous year. Over the 2017-2020 period, production increased by 3.8%, with an average annual growth rate of 1.2%.
Annual dynamics of production in Sierra Leone in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.2% | 1.4% | 1.1% | 1.2% |
Exports non-vegetable waxes from Sierra Leone
Exports in kind, kg
In 2020, Sierra Leone exported 18.0 kg of non-vegetable waxes, showing no change from the previous year. The largest decline and increase both occurred in 2019, each at 0.0%.
Annual dynamics of product's exports from Sierra Leone in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | - | - | - |
From 2017 to 2020, Guinea was the primary export partner for non-vegetable waxes, accounting for 100.0% of total exports in volume.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Sierra Leone in kind, 2017-2020
Exports in value, $ US
In 2020, the value of non-vegetable waxes exported from Sierra Leone was 137 US dollars, with minimal change from the year before. The largest decline and increase were both recorded in 2019, each at 0.0%.
Annual dynamics of product's exports from Sierra Leone in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | - | - | - |
Throughout 2017-2020, Guinea was the dominant and nearly exclusive destination for Sierra Leone's non-vegetable wax exports in value terms, holding a 100.0% share.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Sierra Leone in value, 2017-2020
Imports non-vegetable waxes to Sierra Leone
Imports in kind, kg
The import market for non-vegetable waxes in Sierra Leone was volatile during this period. Imports reached their lowest point in 2018 and peaked in 2019, with an 18-fold difference between these years. In 2020, imports stood at 15.0 kg, a sharp decline of 94.3% year-on-year. The maximum volume was recorded in 2019 at 264.5 kg, and the largest increase also occurred in 2019, at 1 663.3%.
Annual dynamics of product's imports to Sierra Leone in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 1 663.3% | (94.3%) | - |
From 2017 to 2020, the United Arab Emirates and Guinea were the main sources for Sierra Leone's non-vegetable wax imports in volume, together making up 100.0% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Sierra Leone in kind, 2017-2020
Imports in value, $ US
Sierra Leone's non-vegetable wax imports in value terms showed significant volatility from 2017 to 2020. Imports dropped to their minimum in 2018 and rose to a maximum in 2019, with a 2.6-fold difference. In 2020, imports amounted to 804 US dollars, a decrease of 61.6% from the previous year. The highest value was recorded in 2019 at 2 094 US dollars, and the largest increase also took place in 2019, at 160.3%.
Annual dynamics of product's imports to Sierra Leone in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 160.3% | (61.6%) | - |
Between 2017 and 2020, Guinea and the United Arab Emirates were the key sources for Sierra Leone's non-vegetable wax imports in value, jointly accounting for 100.0% of total imports.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Sierra Leone in value, 2017-2020
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