Report Africa - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Aug 13, 2022

Africa - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Africa: Karite (Shea) Nuts Market 2022

Karite (Shea) Nuts Market Size in Africa

The African karite (shea) nuts market totaled $X in 2021, leveling off at the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Karite (Shea) Nuts Production in Africa

In value terms, karite (shea) nuts production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Karite (Shea) Nuts Exports

Exports in Africa

In 2021, the amount of karite (shea) nuts exported in Africa rose modestly to X tons, growing by X% on the previous year. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, karite (shea) nuts exports amounted to $X in 2021. Total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Burkina Faso (X tons) represented the main exporter of karite (shea) nuts, generating X% of total exports. Mali (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (X%) and Nigeria (X%). Benin (X tons) followed a long way behind the leaders.

Exports from Burkina Faso increased at an average annual rate of +X% from 2012 to 2021. At the same time, Nigeria (+X%), Mali (+X%), Benin (+X%) and Ghana (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of Mali, Nigeria and Benin increased by +X, +X and +X percentage points, respectively.

In value terms, Burkina Faso ($X), Ghana ($X) and Benin ($X) constituted the countries with the highest levels of exports in 2021, with a combined X% share of total exports. Mali and Nigeria lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Benin ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Benin (+X%), while the other leaders experienced more modest paces of growth.

Karite (Shea) Nuts Imports

Imports in Africa

After three years of growth, purchases abroad of karite (shea) nuts decreased by -X% to X tons in 2021. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of import peaked at X tons in 2020, and then shrank in the following year.

In value terms, karite (shea) nuts imports fell slightly to $X in 2021. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, Ghana (X tons) and Togo (X tons) were the key importers of karite (shea) nuts in Africa, together mixing up X% of total imports. It was distantly followed by Burkina Faso (X tons), committing an X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Burkina Faso (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) constitutes the largest market for imported karite (shea) nuts in Africa, comprising X% of total imports. The second position in the ranking was held by Togo ($X), with a X% share of total imports.

In Ghana, karite (shea) nuts imports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Togo (+X% per year) and Burkina Faso (+X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, surging by X% against the previous year. Import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, karite (shea) nuts import price decreased by -X% against 2019 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ghana ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for karite (shea) nuts in Africa?
+
The countries with the highest volumes of in 2021 were Nigeria, Mali and Burkina Faso, together accounting for 78% of total consumption. Togo, Ghana and Cote d'Ivoire lagged somewhat behind, together comprising a further 21%.
What are the largest producers of karite (shea) nuts in Africa?
+
The countries with the highest volumes of in 2021 were Nigeria, Mali and Burkina Faso, together accounting for 88% of total production.
What are the leading suppliers of karite (shea) nuts in Africa?
+
In value terms, the largest karite shea) nuts supplying countries in Africa were Burkina Faso, Ghana and Benin, with a combined 85% share of total exports. Mali and Nigeria lagged somewhat behind, together comprising a further 14%.
What are the leading importers of karite (shea) nuts in Africa?
+
In value terms, Ghana constitutes the largest market for imported karite shea) nuts in Africa, comprising 68% of total imports. The second position in the ranking was held by Togo, with a 30% share of total imports.
What is the average export price for karite (shea) nuts in Africa?
+
In 2021, the export price in Africa amounted to $373 per ton, rising by 3.3% against the previous year.
What is the average import price for karite (shea) nuts in Africa?
+
In 2021, the import price in Africa amounted to $260 per ton, picking up by 13% against the previous year.

This report provides an in-depth analysis of the karite (shea) nuts market in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
Country coverage:
• Botswana
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Guinea-Bissau
• Lesotho
• Liberia
• Madagascar
• Malawi
• Mauritania
• Mauritius
• Mayotte
• Mozambique
• Namibia
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Sudan
• Swaziland
• Tanzania
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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