Africa: Millet Market 2024

Millet Market Size in Africa

The African millet market reached $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Millet Production in Africa

In value terms, millet production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Niger (X tons), Nigeria (X tons) and Mali (X tons), together comprising X% of total production. Ethiopia, Senegal, Sudan, Burkina Faso and Chad lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Sudan (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of millet in Africa stood at X kg per ha, growing by X% compared with the previous year's figure. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the yield attained the peak level of X kg per ha. From 2016 to 2022, the growth of the millet 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 millet were harvested in Africa; picking up by X% against the previous year. 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 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Millet Exports

Exports in Africa

In 2022, overseas shipments of millet decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, millet exports dropped to $X in 2022. Overall, exports, however, recorded resilient growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

Ethiopia (X tons), Niger (X tons) and Tanzania (X tons) represented roughly X% of total exports in 2022. Nigeria (X tons) held the next position in the ranking, followed by Burkina Faso (X tons). All these countries together took approx. X% share of total exports. Malawi (X tons), Mali (X tons), South Africa (X tons), Zimbabwe (X tons), Uganda (X tons) and Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ethiopia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X), Niger ($X) and South Africa ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Ethiopia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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 2022, picking up by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Millet Imports

Imports in Africa

In 2022, millet imports in Africa reduced to X tons, waning by X% compared with 2021. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, millet imports contracted modestly to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then fell in the following year.

Imports by Country

Kenya represented the major importing country with an import of about X tons, which recorded X% of total imports. Libya (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by South Africa (X%), Morocco (X%) and Algeria (X%). The following importers - Uganda (X tons) and Ghana (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest millet importing markets in Africa were Kenya ($X), South Africa ($X) and Libya ($X), together comprising X% of total imports. Morocco, Algeria, Ghana and Uganda lagged somewhat behind, together comprising a further X%.

Uganda, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, picking up by X% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, millet import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while Uganda ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :