| Product Code: ETC5343904 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Senegal erucic acid import market witnessed a notable shift in 2024, with a significant increase in concentration among top exporters. The Herfindahl-Hirschman Index (HHI) rose from high to very high levels, indicating a more consolidated market landscape. With a strong compound annual growth rate (CAGR) of 17.68%, the sector experienced a robust expansion. Top suppliers such as Gabon, Morocco, Indonesia, Malaysia, and Thailand played a crucial role in driving this growth, with a notable growth rate of 10.65% in 2024.

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 Senegal Erucic Acid Market Overview |
3.1 Senegal Country Macro Economic Indicators |
3.2 Senegal Erucic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Senegal Erucic Acid Market - Industry Life Cycle |
3.4 Senegal Erucic Acid Market - Porter's Five Forces |
3.5 Senegal Erucic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Senegal Erucic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Senegal Erucic Acid Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Senegal Erucic Acid Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Senegal Erucic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for erucic acid in the cosmetics industry due to its emollient properties |
4.2.2 Increasing use of erucic acid in the pharmaceutical sector for its potential health benefits |
4.2.3 Rising awareness about the sustainable sourcing of erucic acid in Senegal |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of erucic acid |
4.3.2 Stringent regulations on the usage and production of erucic acid affecting market growth |
5 Senegal Erucic Acid Market Trends |
6 Senegal Erucic Acid Market Segmentations |
6.1 Senegal Erucic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Senegal Erucic Acid Market Revenues & Volume, By Erucic acid 43-50%, 2021-2031F |
6.1.3 Senegal Erucic Acid Market Revenues & Volume, By Erucic acid >50%, 2021-2031F |
6.2 Senegal Erucic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Senegal Erucic Acid Market Revenues & Volume, By Slip Agent, 2021-2031F |
6.2.3 Senegal Erucic Acid Market Revenues & Volume, By Emollient, 2021-2031F |
6.2.4 Senegal Erucic Acid Market Revenues & Volume, By Hair care and textile softening, 2021-2031F |
6.2.5 Senegal Erucic Acid Market Revenues & Volume, By Pour point depressant, 2021-2031F |
6.2.6 Senegal Erucic Acid Market Revenues & Volume, By Lubricants, 2021-2031F |
6.2.7 Senegal Erucic Acid Market Revenues & Volume, By Food emulsifier, 2021-2031F |
6.3 Senegal Erucic Acid Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Senegal Erucic Acid Market Revenues & Volume, By Rapeseed oil, 2021-2031F |
6.3.3 Senegal Erucic Acid Market Revenues & Volume, By Canola, 2021-2031F |
6.3.4 Senegal Erucic Acid Market Revenues & Volume, By Tame Mustard, 2021-2031F |
6.3.5 Senegal Erucic Acid Market Revenues & Volume, By Fish, 2021-2031F |
6.3.6 Senegal Erucic Acid Market Revenues & Volume, By Others, 2021-2031F |
6.4 Senegal Erucic Acid Market, By End Users |
6.4.1 Overview and Analysis |
6.4.2 Senegal Erucic Acid Market Revenues & Volume, By Plastic, 2021-2031F |
6.4.3 Senegal Erucic Acid Market Revenues & Volume, By Printing Ink, 2021-2031F |
6.4.4 Senegal Erucic Acid Market Revenues & Volume, By Food, 2021-2031F |
6.4.5 Senegal Erucic Acid Market Revenues & Volume, By Personal Care, 2021-2031F |
6.4.6 Senegal Erucic Acid Market Revenues & Volume, By Rubber, 2021-2031F |
6.4.7 Senegal Erucic Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
7 Senegal Erucic Acid Market Import-Export Trade Statistics |
7.1 Senegal Erucic Acid Market Export to Major Countries |
7.2 Senegal Erucic Acid Market Imports from Major Countries |
8 Senegal Erucic Acid Market Key Performance Indicators |
8.1 Percentage of erucic acid sourced from sustainable and ethical practices in Senegal |
8.2 Research and development investment in new applications of erucic acid |
8.3 Number of new product launches containing erucic acid in the cosmetics and pharmaceutical sectors |
9 Senegal Erucic Acid Market - Opportunity Assessment |
9.1 Senegal Erucic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Senegal Erucic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Senegal Erucic Acid Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Senegal Erucic Acid Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Senegal Erucic Acid Market - Competitive Landscape |
10.1 Senegal Erucic Acid Market Revenue Share, By Companies, 2024 |
10.2 Senegal Erucic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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