ECOWAS: Citrus Fruit Market 2024

Citrus Fruit Market Size in ECOWAS

In 2022, after three years of growth, there was decline in the ECOWAS citrus fruit market, when its value decreased by X% to $X. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Citrus Fruit Production in ECOWAS

In value terms, citrus fruit production reached $X in 2022 estimated in export price. Overall, production saw a mild reduction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The country with the largest volume of citrus fruit production was Nigeria (X tons), comprising approx. X% of total volume. Moreover, citrus fruit production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana (X tons), sixfold. The third position in this ranking was taken by Mali (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Nigeria was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Ghana (X% per year) and Mali (X% per year).

The average citrus fruit yield stood at X tons per ha in 2022, standing approx. at the year before. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the yield increased by X% against the previous year. Over the period under review, the citrus fruit yield hit record highs at X tons per ha in 2017; however, from 2018 to 2022, the 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 citrus fruits were harvested in ECOWAS; approximately mirroring the previous year's figure. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2021, and then dropped slightly in the following year.

Citrus Fruit Exports

Exports in ECOWAS

In 2022, after two years of growth, there was significant decline in overseas shipments of citrus fruits, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, citrus fruit exports shrank to $X in 2022. In general, exports, however, saw a strong increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ghana represented the main exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Cote d'Ivoire (X tons), constituting a X% share of total exports.

Ghana was also the fastest-growing in terms of the citrus fruits exports, with a CAGR of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%) displayed positive paces of growth. Ghana (X p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Ghana ($X) remains the largest citrus fruit supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports.

In Ghana, citrus fruit exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, declining by X% against the previous year. In general, the export price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Cote d'Ivoire stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%).

Citrus Fruit Imports

Imports in ECOWAS

In 2022, after ten years of growth, there was significant decline in supplies from abroad of citrus fruits, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, citrus fruit imports dropped to $X in 2022. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Cote d'Ivoire was the largest importing country with an import of about X tons, which reached X% of total imports. Burkina Faso (X tons) ranks second in terms of the total imports with a X% share, followed by Senegal (X%), Nigeria (X%), Mali (X%) and Cabo Verde (X%). Niger (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to citrus fruit imports into Cote d'Ivoire stood at X%. At the same time, Nigeria (X%), Mali (X%), Burkina Faso (X%), Senegal (X%), Niger (X%) and Cabo Verde (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. While the share of Cote d'Ivoire (X p.p.), Nigeria (X p.p.), Burkina Faso (X p.p.) and Mali (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Niger (X p.p.), Senegal (X p.p.) and Cabo Verde (X p.p.) displayed negative dynamics.

In value terms, Cote d'Ivoire ($X), Nigeria ($X) and Senegal ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Nigeria, with a CAGR of X%, saw the highest growth rate of 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 ECOWAS amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a 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 Cabo Verde ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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