Fonio Market

Fonio market: find new info secured by an Ai-driven market research platform. Information cover consumption, production, trade, companies, market size, exports, market prices, and imports. Here is a split by region, including Africa, the Middle East, Latin America, the U.K., the U.S., EU, Russia, and China. Market insights and outlook to 2030 are also provided in the snapshots.


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Fonio - World's Largest Markets

RatingCountry
1Guinea
2Mali
3Nigeria
4Cote d'Ivoire

In value terms, Guinea led the market, alone. The second position in the ranking was occupied by Mali. It was followed by Nigeria.

From 2019 to 2021, the average annual growth rate of value in Guinea amounted to +7.4%. In the other countries, the average annual rates were as follows: Mali (+6.1% per year) and Nigeria (+5.5% per year).

Fonio Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Hungary36110003610.0%
Togon/an/a3690.0%
France16581685764-32.1%
United Arab Emirates4537872837-57.0%
Guinea12651606154110.4%
Belgium708528561647-51.8%
Burkina Faso1501192716966.3%
Senegal18512958247315.6%
Spain258326032498-1.7%
Italy29925533458823.8%
Netherlands34157381461316.2%
Mali4822639855637.4%
Average1833261919443.0%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Mali ($5,563 per ton), while Hungary ($361 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Netherlands14862570299642.0%
Italy2701235127811.5%
United States1673165319558.1%
Belgium530920191095-54.6%
France804484626-11.8%
Romania361347360-0.1%
Congo3273263270.0%
Average10671324130910.8%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($2,996 per ton), while Congo ($327 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Fonio - Top Importers

COUNTRY201920202021CAGR,
2019-2021
thousand USD
United States59366403161.5%
France1367921225.1%
Netherlands20169176194.1%
Italy8.11893237.9%
Congo503944-5.6%

In value terms, the United States ($403K), France ($212K) and the Netherlands ($176K) constituted the countries with the highest levels of imports in 2021, with a combined 69% share of global imports. These countries were followed by Italy, Congo, Belgium and Romania, which together accounted for a further 15%.

Italy (+237.9% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Fonio - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
thousand USD
Netherlands2429120122.6%
Burkina Faso6065622.1%
Guinea32926240.0%
Mali5666614.4%
Belgium13282331.8%

In value terms, the largest fonio supplying countries worldwide were the Netherlands ($120K), Burkina Faso ($62K) and Guinea ($62K), together comprising 51% of global exports.

Among the main exporting countries, the Netherlands (+122.6% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Fonio - Market Forecast

Driven by increasing demand for fonio worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Fonio - Top Companies

NUGRAIN PTY LTD, Tianye (Fogang) Leisure Agriculture and Husbandry Co., Ltd., CBH GRAIN PTY LTD, Cooperativa Agrária Agroindustrial, ADM TRADING AUSTRALIA PTY LTD, Zhongnongfa Seed Industry Group Co., Ltd., Yuan Longping High-tech Agriculture Co., Ltd., Heilongjiang Agriculture Company Limited, LIMAGRAIN EUROPE, Grupo Universal S A, Roland Mills United GmbH & Co. KG, LACPATRICK DAIRIES LIMITED, Hefei Fengle Seed.Co., Ltd., LATRAPS KS, LIMAGRAIN, RAIZ-MAKSYMKO, PRAT, ARENTO GRUPO COOPERATIVO AGROALIMENTARIO DE ARAGON S.COOP, SAATBAU LINZ eGen, Vilshanski Produkty, TOV, ZERNOPRODUKT MKHP, PRAT

Fonio - Product Coverage

  • HS 100840 - Cereals; fonio (Digitaria spp.)
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World - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global fonio market.

Africa - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in Africa.

Eastern Asia - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in Eastern Asia.

Latin America and the Caribbean - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in Latin America and the Caribbean.

Australia and Oceania - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in Australia and Oceania.

Southern Asia - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in Southern Asia.

Northern America - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in Northern America.

South-Eastern Asia - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in South-Eastern Asia.

Central Asia - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in Central Asia.

Middle East - Fonio - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fonio market in the Middle East.

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