| Product Code: ETC5015708 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Burkina Faso`s glycerol import market in 2024 continued to be dominated by key players such as France, USA, Malaysia, Germany, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the industry experienced a significant decline with a negative compound annual growth rate (CAGR) of -49.63% from 2020 to 2024. Moreover, the growth rate from 2023 to 2024 was -4.86%, reflecting a challenging environment for glycerol imports in Burkina Faso. Monitoring market trends and diversifying import sources may be crucial for stakeholders in this sector.

In the Africa region, the Glycerol market in Burkina Faso is projected to expand at a high growth rate of 13.97% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

The glycerol market in Burkina Faso is closely related to the glycerin market, given that glycerol is the main component of glycerin. This market benefits from similar trends in the cosmetics, pharmaceuticals, and food industries. Glycerol`s applications as a humectant, solvent, and sweetener in various products ensure its steady demand across different sectors.
The glycerol market in Burkina Faso is driven by the growing demand for this chemical compound in various industrial and consumer applications. Glycerol, also known as glycerin, is used in the production of personal care products, pharmaceuticals, and food and beverages. The market is also driven by the increasing use of glycerol in biofuel production, as it is a byproduct of biodiesel manufacturing. The growth of the cosmetics and pharmaceutical industries, coupled with the rising demand for biofuels, is fueling the demand for glycerol. Additionally, the trend of using renewable and sustainable ingredients in various products is further driving market growth.
The glycerol market in Burkina Faso faces challenges such as high costs associated with importing materials and the lack of local production capabilities. There is also limited awareness and technical knowledge about the applications and benefits of glycerol in various industries. Additionally, the market is constrained by competition from alternative products that may be more readily available or cost-effective.
Government policies on industrial chemicals, safety standards, and environmental regulations impact the glycerol market. Regulations ensuring product quality and safety influence the production and use of glycerol in various applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso Glycerol Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Glycerol Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Glycerol Market - Industry Life Cycle |
3.4 Burkina Faso Glycerol Market - Porter's Five Forces |
3.5 Burkina Faso Glycerol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Burkina Faso Glycerol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Burkina Faso Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Burkina Faso Glycerol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Burkina Faso Glycerol Market Trends |
6 Burkina Faso Glycerol Market Segmentations |
6.1 Burkina Faso Glycerol Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Glycerol Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.1.3 Burkina Faso Glycerol Market Revenues & Volume, By Fatty Alcohols, 2021-2031F |
6.1.4 Burkina Faso Glycerol Market Revenues & Volume, By Fatty Acids, 2021-2031F |
6.1.5 Burkina Faso Glycerol Market Revenues & Volume, By Soap, 2021-2031F |
6.2 Burkina Faso Glycerol Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Glycerol Market Revenues & Volume, By Crude, 2021-2031F |
6.2.3 Burkina Faso Glycerol Market Revenues & Volume, By Refined, 2021-2031F |
6.3 Burkina Faso Glycerol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso Glycerol Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Burkina Faso Glycerol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Burkina Faso Glycerol Market Revenues & Volume, By Nutraceutical , 2021-2031F |
6.3.5 Burkina Faso Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Burkina Faso Glycerol Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Burkina Faso Glycerol Market Revenues & Volume, By Others, 2021-2031F |
7 Burkina Faso Glycerol Market Import-Export Trade Statistics |
7.1 Burkina Faso Glycerol Market Export to Major Countries |
7.2 Burkina Faso Glycerol Market Imports from Major Countries |
8 Burkina Faso Glycerol Market Key Performance Indicators |
9 Burkina Faso Glycerol Market - Opportunity Assessment |
9.1 Burkina Faso Glycerol Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Burkina Faso Glycerol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Burkina Faso Glycerol Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Burkina Faso Glycerol Market - Competitive Landscape |
10.1 Burkina Faso Glycerol Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |