The Glues Based on Starches or Modified Starches market in Senegal has exhibited a consistent decline in value from 2013 to 2023, dropping from 1.3884 million USD to 0.89476 million USD. The recent trend showed a year-on-year decrease of approximately -2.5% in 2023. Over the last five years, the compound annual growth rate (CAGR) was around -4.8%, highlighting a significant contraction in the market.
Future trends to watch for include potential market revitalization through innovation in eco-friendly adhesives, increased demand in the packaging industry, and shifts in regulatory policies that might influence market dynamics and attract foreign investment.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | View data |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
| 11 | 11 Jordan | 2,168,900 | 2023 | +2.95% | +4.16% | View data |
| 12 | 12 Croatia | 1,875,400 | 2023 | -0.88% | -3.69% | View data |
| 13 | 13 Senegal | 894,760 | 2023 | -2.5% | -4.8% | |
| 14 | 14 Moldova | 577,640 | 2023 | -0.028% | +0.75% | View data |
