Africa: Mustard Seed Market 2024

Mustard Seed Market Size in Africa

The African mustard seed market skyrocketed to $X in 2022, rising by X% against the previous year. The total consumption indicated a remarkable increase 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Mustard Seed Production in Africa

In value terms, mustard seed production rose rapidly to $X in 2022 estimated in export price. In general, production continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Ethiopia (X tons) constituted the country with the largest volume of mustard seed production, accounting for X% of total volume. Moreover, mustard seed production in Ethiopia exceeded the figures recorded by the second-largest producer, Togo (X tons), eightfold.

In Ethiopia, mustard seed production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Togo (X% per year) and Nigeria (X% per year).

The average mustard seed yield amounted to X kg per ha in 2022, remaining relatively unchanged against 2021 figures. Over the period under review, the yield, however, saw a mild decrease. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the mustard seed yield reached the maximum level at X kg per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The mustard seed harvested area fell slightly to X ha in 2022, approximately mirroring 2021. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. The level of harvested area peaked at X ha in 2021, and then reduced in the following year.

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Mustard Seed Exports

Exports in Africa

In 2022, approx. X tons of mustard seed were exported in Africa; picking up by X% compared with the previous year. Overall, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, mustard seed exports surged to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Togo (X tons) represented the major exporter of mustard seed, mixing up X% of total exports. Nigeria (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%). The following exporters - Senegal (X tons) and Benin (X tons) - each finished at a X% share of total exports.

Togo experienced a relatively flat trend pattern with regard to volume of exports of mustard seed. At the same time, Benin (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. South Africa experienced a relatively flat trend pattern. By contrast, Nigeria (X%) and Senegal (X%) illustrated a downward trend over the same period. While the share of Togo (X p.p.), Senegal (X p.p.) and Benin (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) and Nigeria (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X), South Africa ($X) and Togo ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Senegal and Benin lagged somewhat behind, together comprising a further X%.

Benin, 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

In 2022, the export price in Africa amounted to $X per ton, which is down by X% against the previous year. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

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

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

Mustard Seed Imports

Imports in Africa

In 2022, the amount of mustard seed imported in Africa soared to X tons, picking up by X% against 2021 figures. Total imports indicated resilient growth from 2012 to 2022: its volume 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 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mustard seed imports soared to $X in 2022. Total imports indicated a remarkable increase 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 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Senegal represented the major importing country with an import of around X tons, which resulted at X% of total imports. Morocco (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Africa (X%) and Algeria (X%). The following importers - Zimbabwe (X tons), Mauritius (X tons) and Cote d'Ivoire (X tons) - each resulted at a X% share of total imports.

Imports into Senegal increased at an average annual rate of X% from 2012 to 2022. At the same time, Zimbabwe (X%), Cote d'Ivoire (X%), Algeria (X%), South Africa (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Mauritius (X%) illustrated a downward trend over the same period. While the share of Algeria (X p.p.), Zimbabwe (X p.p.) and Cote d'Ivoire (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mauritius (X p.p.) and Senegal (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Senegal stood at 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

The import price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Cote d'Ivoire ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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