ECOWAS: Market for Grated, Powdered and Blue-Veined Cheese 2024

Exports of Grated, Powdered and Blue-Veined Cheese

Exports in ECOWAS

Grated and blue cheese exports surged to X tons in 2022, increasing by X% compared with 2021 figures. Over the period under review, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, grated and blue cheese exports soared to $X in 2022. Overall, exports saw a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Senegal (X tons) was the key exporter of grated, powdered and blue-veined cheese, generating X% of total exports. It was distantly followed by Mali (X tons), Cote d'Ivoire (X tons), Benin (X tons) and Niger (X tons), together making up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Benin (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest grated and blue cheese supplying countries in ECOWAS were Senegal ($X), Mali ($X) and Cote d'Ivoire ($X), together comprising X% of total exports. Benin and Niger lagged somewhat behind, together comprising a further X%.

Benin, 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 more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price showed a noticeable downturn. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per ton), while Mali ($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 mixed trends in the export price figures.

Imports of Grated, Powdered and Blue-Veined Cheese

Imports in ECOWAS

Grated and blue cheese imports was estimated at X tons in 2022, picking up by X% against the previous year. Total imports indicated a resilient expansion 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 2012 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, grated and blue cheese imports dropped to $X in 2022. Total imports indicated a strong 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 2015 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank slightly in the following year.

Imports by Country

Senegal was the key importing country with an import of around X tons, which amounted to X% of total imports. Cote d'Ivoire (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Cabo Verde (X%), Nigeria (X%), Mali (X%) and Ghana (X%). Burkina Faso (X tons) followed a long way behind the leaders.

Imports into Senegal increased at an average annual rate of X% from 2012 to 2022. At the same time, Burkina Faso (X%), Mali (X%), Cote d'Ivoire (X%), Nigeria (X%), Cabo Verde (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Senegal and Mali increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest grated and blue cheese importing markets in ECOWAS were Senegal ($X), Cote d'Ivoire ($X) and Cabo Verde ($X), together comprising X% of total imports. Mali, Ghana, Nigeria and Burkina Faso lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Mali, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, 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 Mali ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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