Africa: Carob Market 2024

Carob Market Size in Africa

In 2022, the African carob market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption posted a significant expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Carob Production in Africa

In value terms, carob production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Morocco (X tons) remains the largest carob producing country in Africa, accounting for X% of total volume. Moreover, carob production in Morocco exceeded the figures recorded by the second-largest producer, Algeria (X tons), sevenfold. The third position in this ranking was held by South Africa (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Morocco was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Algeria (X% per year) and South Africa (X% per year).

The average carob yield dropped to X tons per ha in 2022, remaining stable against the previous year's figure. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the carob yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of carob were harvested in Africa; leveling off at 2021. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Carob Exports

Exports in Africa

For the third consecutive year, Africa recorded decline in shipments abroad of carob, which decreased by X% to X tons in 2022. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, carob exports declined remarkably to $X in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2015 when exports increased by X%. The level of export peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Morocco represented the key exporter of carob in Africa, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Algeria (X tons), generating a X% share of total exports. The following exporters - Egypt (X tons) and Tunisia (X tons) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to carob exports from Morocco stood at X%. At the same time, Tunisia (X%) and Algeria (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco and Egypt increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Morocco ($X) remains the largest carob supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Algeria ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

In Morocco, carob exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Algeria (X% per year) and Tunisia (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded significant growth. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced more modest paces of growth.

Carob Imports

Imports in Africa

In 2022, supplies from abroad of carob increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, carob imports skyrocketed to $X in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Morocco (X tons) was the major importer of carob, creating X% of total imports. Algeria (X tons) ranks second in terms of the total imports with a X% share, followed by Tunisia (X%) and Egypt (X%).

Imports into Morocco increased at an average annual rate of X% from 2012 to 2022. At the same time, Tunisia (X%) and Algeria (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. While the share of Morocco (X p.p.), Tunisia (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Algeria (X p.p.) displayed negative dynamics.

In value terms, Morocco ($X) constitutes the largest market for imported carob in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by Algeria, with a X% share.

In Morocco, carob imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Algeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, growing by X% against the previous year. In general, the import price recorded a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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