From 2013 to 2023, the market size value per capita for glues based on starches or modified starches in Senegal showed a consistent decline, starting at $0.1 in 2013 and reaching $0.061 by 2023. Despite slight increases in 2021 and stability in 2022 and 2023, overall, the value has decreased significantly. The year-on-year variation highlighted minor growth from 2020 to 2023 after a prolonged decline. The compound annual growth rate over the last five years is negative, reflecting the overall downward trend in the market.
Looking ahead, potential factors influencing future trends include increased adoption of eco-friendly products, potential regulatory changes, and technological advancements in adhesive applications. Monitoring the alignment of local industry needs with global sustainable practices could prove pivotal for market growth.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 1.41 | 2023 | View data | ||
| 2 | 2 Denmark | 1.1 | 2023 | View data | ||
| 3 | 3 Austria | 0.77 | 2023 | View data | ||
| 4 | 4 Croatia | 0.52 | 2023 | View data | ||
| 5 | 5 Saudi Arabia | 0.43 | 2023 | View data | ||
| 12 | 12 Ukraine | 0.17 | 2023 | View data | ||
| 13 | 13 Morocco | 0.081 | 2023 | View data | ||
| 14 | 14 Senegal | 0.061 | 2023 | |||
