ECOWAS: Pulses Market 2024

Pulses Market Size in ECOWAS

The ECOWAS pulses market totaled $X in 2022, approximately reflecting the previous year. In general, consumption, however, recorded a perceptible curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Pulses Production in ECOWAS

In value terms, pulses production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Nigeria (X tons), Niger (X tons) and Burkina Faso (X tons), together accounting for X% of total production. Mali, Ghana, Senegal and Togo lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Senegal (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average pulses yield was estimated at X kg per ha in 2022, leveling off at the year before. Overall, the yield, however, recorded a mild decline. The most prominent rate of growth was recorded in 2016 when the yield increased by X%. Over the period under review, the pulses yield attained 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.

In 2022, the total area harvested in terms of pulses production in ECOWAS contracted slightly to X ha, approximately mirroring the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to pulses production reached the peak figure at X ha in 2021, and then shrank modestly in the following year.

Pulses Exports

Exports in ECOWAS

In 2022, pulses exports in ECOWAS soared to X tons, increasing by X% on the previous year. Overall, exports, however, saw a relatively flat trend pattern. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, pulses exports skyrocketed to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Niger (X tons) was the major exporter of pulses, achieving X% of total exports. Cote d'Ivoire (X tons) ranks second in terms of the total exports with a X% share, followed by Nigeria (X%). The following exporters - Burkina Faso (X tons), Ghana (X tons) and Mali (X tons) - each accounted for a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest pulses supplying countries in ECOWAS were Niger ($X), Cote d'Ivoire ($X) and Nigeria ($X), with a combined X% share of total exports.

Among the main exporting countries, Cote d'Ivoire, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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, which is down by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced a decline in the export price figures.

Pulses Imports

Imports in ECOWAS

In 2022, purchases abroad of pulses increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, pulses imports soared to $X in 2022. Overall, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Senegal (X tons), distantly followed by Nigeria (X tons), Guinea (X tons), Burkina Faso (X tons) and Niger (X tons) represented the key importers of pulses, together generating X% of total imports. Cabo Verde (X tons), Cote d'Ivoire (X tons), Benin (X tons), Liberia (X tons), Togo (X tons) and Gambia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Guinea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported pulses in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with an X% share of total imports. It was followed by Niger, with an X% share.

In Nigeria, pulses imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Niger (X% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, showed a perceptible downturn. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cabo Verde ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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