Burkina Faso: Meat Market 2020

Meat Market Size in Burkina Faso

The revenue of the meat market in Burkina Faso amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the meat market attained its peak figure level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Meat Production in Burkina Faso

In value terms, meat production totaled $X in 2018 estimated in export prices. In general, the total output indicated a measured expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, meat production reached its maximum level at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of meat in Burkina Faso stood at X ton per head, approximately mirroring the previous year. Overall, the meat yield continues to indicate a mild deduction. The pace of growth appeared the most rapid in 2016 when yield increased by X% year-to-year. The global meat yield peaked at X ton per head in 2013; however, from 2014 to 2018, yield stood at a somewhat lower figure.

The number of animals slaughtered for meat production in Burkina Faso totaled X heads in 2018, remaining relatively unchanged against the previous year. Overall, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the number of producing animals increased by X% year-to-year. In that year, this number attained its peak level of X heads. From 2015 to 2018, the growth of this number remained at a lower figure.

Meat Exports

Exports from Burkina Faso

Meat exports from Burkina Faso stood at X tons in 2018, falling by -X% against the previous year. Overall, meat exports continue to indicate a drastic setback. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. In that year, meat exports reached their peak of X tons. From 2017 to 2018, the growth of meat exports remained at a somewhat lower figure.

In value terms, meat exports totaled $X in 2018. In general, meat exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. In that year, meat exports attained their peak of $X. From 2017 to 2018, the growth of meat exports remained at a lower figure.

Exports by Country

The countries with the highest levels of meat exports in 2018 were the U.S. (X tons), Germany (X tons), Spain (X tons), Brazil (X tons), Australia (X tons), the Netherlands (X tons), Denmark (X tons), India (X tons), Canada (X tons), Poland (X tons), Belgium (X tons) and New Zealand (X tons), together resulting at X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland, Belgium and Burkina Faso, which together accounted for a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat export price in Burkina Faso stood at $X per ton in 2018, lowering by -X% against the previous year. Overall, the meat export price continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. Over the period under review, the export prices for meat attained their maximum at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports into Burkina Faso

Meat imports into Burkina Faso amounted to X tons in 2018, therefore, remained relatively stable against the previous year. In general, the total imports indicated prominent growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat imports decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Burkina Faso imports peaked at X tons in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, meat imports amounted to $X in 2018. Overall, meat imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Burkina Faso imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of meat imports in 2018 were China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons), together amounting to X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the U.S. ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Burkina Faso, which together accounted for a further X Nam experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The meat import price in Burkina Faso stood at $X per ton in 2018, lowering by -X% against the previous year. Overall, the meat import price continues to indicate a perceptible deduction. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. Burkina Faso import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform