Report Africa - Millet - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Africa - Millet - Market Analysis, Forecast, Size, Trends and Insights
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Africa: Millet Market 2022

Millet Market Size in Africa

The African millet market contracted slightly to $X in 2021, flattening at the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Millet Production in Africa

In value terms, millet production dropped slightly to $X in 2021 estimated in export price. Overall, production, however, saw mild growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

The countries with the highest volumes of millet production in 2021 were Niger (X tons), Nigeria (X tons) and Mali (X tons), together comprising X% of total production. These countries were followed by Ethiopia, Senegal, Burkina Faso, Sudan and Chad, which together accounted for a further X 2012 to 2021, 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 2021, the average millet yield in Africa shrank modestly to X kg per ha, which is down by less than X% against 2020 figures. In general, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the millet yield attained the maximum level at X kg per ha in 2020, and then dropped slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The millet harvested area reached X ha in 2021, therefore, remained relatively stable against 2020. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to millet production attained the peak figure at X ha in 2018; however, from 2019 to 2021, the harvested area remained at a lower figure.

Millet Exports

Exports in Africa

For the third consecutive year, Africa recorded growth in shipments abroad of millet, which increased by X% to X tons in 2021. In general, exports posted a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, millet exports reached $X in 2021. Total exports indicated perceptible 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 increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Mali (X tons) and Tanzania (X tons) were the largest exporters of millet in Africa, together making up X% of total exports. It was distantly followed by Burkina Faso (X tons), mixing up a X% share of total exports. The following exporters - South Africa (X tons), Uganda (X tons), Ethiopia (X tons) and Zimbabwe (X tons) - together made up X% of total exports.

From 2012 to 2021, the biggest increases were in Ethiopia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest millet supplying countries in Africa were South Africa ($X), Tanzania ($X) and Mali ($X), together comprising X% of total exports. These countries were followed by Ethiopia, Burkina Faso, Uganda and Zimbabwe, which together accounted for a further X the main exporting countries, Ethiopia, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, shrinking by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

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

Millet Imports

Imports in Africa

Millet imports soared to X tons in 2021, increasing by X% compared with 2020. Total imports indicated a modest increase 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, 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. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, millet imports stood at $X in 2021. Total imports indicated a noticeable increase from 2012 to 2021: its value 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, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

In 2021, Kenya (X tons), distantly followed by Burkina Faso (X tons), Morocco (X tons), South Africa (X tons), Libya (X tons), Niger (X tons) and Algeria (X tons) were the main importers of millet, together generating X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main 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, Kenya ($X) constitutes the largest market for imported millet in Africa, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Kenya totaled +X%. In the other countries, the average annual rates were as follows: Morocco (+X% per year) and South Africa (-X% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, with a decrease of -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the import prices failed to regain momentum.

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

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

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 millet in Africa?
+
The countries with the highest volumes of millet consumption in 2021 were Niger, Nigeria and Mali, with a combined 53% share of total consumption. These countries were followed by Ethiopia, Senegal, Burkina Faso, Sudan and Chad, which together accounted for a further 34%.
What are the largest producers of millet in Africa?
+
The countries with the highest volumes of millet production in 2021 were Niger, Nigeria and Mali, with a combined 53% share of total production. Ethiopia, Senegal, Burkina Faso, Sudan and Chad lagged somewhat behind, together accounting for a further 34%.
What are the leading suppliers of millet in Africa?
+
In value terms, the largest millet supplying countries in Africa were South Africa, Tanzania and Mali, with a combined 59% share of total exports. Ethiopia, Burkina Faso, Uganda and Zimbabwe lagged somewhat behind, together accounting for a further 28%.
What are the leading importers of millet in Africa?
+
In value terms, Kenya constitutes the largest market for imported millet in Africa, comprising 41% of total imports. The second position in the ranking was taken by Morocco, with a 13% share of total imports. It was followed by South Africa, with a 12% share.
What is the average export price for millet in Africa?
+
In 2021, the export price in Africa amounted to $224 per ton, reducing by -26.9% against the previous year.
What is the average import price for millet in Africa?
+
The import price in Africa stood at $266 per ton in 2021, with a decrease of -15.8% against the previous year.

This report provides an in-depth analysis of the millet 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:
• FCL 79 - Millet

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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