ECOWAS: Garlic Market 2024

Garlic Market Size in ECOWAS

In 2023, the ECOWAS garlic market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, enjoyed a prominent expansion. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Garlic Production in ECOWAS

In value terms, garlic production rose rapidly to $X in 2023 estimated in export price. Overall, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Mali (X tons), Niger (X tons) and Nigeria (X tons), with a combined X% share of total production.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Mali (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average yield of garlic in ECOWAS rose sharply to X tons per ha, picking up by X% on the previous year. The yield indicated a perceptible increase from 2012 to 2023: its figure 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 2023 figures, garlic yield decreased by X% against 2015 indices. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2023, the growth of the garlic 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 2023, the total area harvested in terms of garlic production in ECOWAS shrank to X ha, waning by X% on the previous year's figure. In general, the harvested area, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2022, and then contracted in the following year.

Garlic Exports

Exports in ECOWAS

For the third year in a row, ECOWAS recorded decline in overseas shipments of garlic, which decreased by X% to X tons in 2023. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, garlic exports shrank dramatically to $X in 2023. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Niger represented the key exporter of garlic in ECOWAS, with the volume of exports resulting at X tons, which was near X% of total exports in 2023. It was distantly followed by Cote d'Ivoire (X tons), Togo (X tons) and Nigeria (X tons), together generating a X% share of total exports. Senegal (X tons) and Ghana (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to garlic exports from Niger stood at X%. At the same time, Ghana (X%) and Togo (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2023. By contrast, Cote d'Ivoire (X%), Senegal (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Niger, Togo and Ghana increased by X, X and X percentage points, respectively.

In value terms, the largest garlic supplying countries in ECOWAS were Cote d'Ivoire ($X), Niger ($X) and Senegal ($X), with a combined X% share of total exports. Ghana, Nigeria and Togo lagged somewhat behind, together comprising a further X%.

Ghana, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in ECOWAS amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced more modest paces of growth.

Garlic Imports

Imports in ECOWAS

In 2023, after three years of growth, there was significant decline in purchases abroad of garlic, when their volume decreased by X% to X tons. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then contracted remarkably in the following year.

In value terms, garlic imports shrank rapidly to $X in 2023. Over the period under review, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked at $X in 2022, and then contracted dramatically in the following year.

Imports by Country

Senegal represented the major importing country with an import of around X tons, which reached X% of total imports. Nigeria (X tons) ranks second in terms of the total imports with a X% share, followed by Ghana (X%), Cote d'Ivoire (X%), Burkina Faso (X%) and Mali (X%). Guinea (X tons) took a relatively small share of total imports.

Imports into Senegal increased at an average annual rate of X% from 2012 to 2023. At the same time, Nigeria (X%), Guinea (X%), Burkina Faso (X%), Cote d'Ivoire (X%), Ghana (X%) and Mali (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2023. While the share of Nigeria (X p.p.), Guinea (X p.p.) and Burkina Faso (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Mali (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, the largest garlic importing markets in ECOWAS were Nigeria ($X), Senegal ($X) and Ghana ($X), together accounting for X% of total imports.

Nigeria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2023, the import price in ECOWAS amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then dropped in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform