ECOWAS: Market for Salted, Dried or Smoked Meat, and Offal 2024

Market Size for Salted, Dried or Smoked Meat, and Offal in ECOWAS

The ECOWAS market for salted, dried or smoked meat, and offal soared to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Salted, Dried or Smoked Meat, and Offal in ECOWAS

In value terms, production of salted, dried or smoked meat, and offal amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports in ECOWAS

In 2022, exports of salted, dried or smoked meat, and offal in ECOWAS shrank notably to X tons, waning by X% against 2021 figures. Overall, exports saw a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of salted, dried or smoked meat, and offal totaled $X in 2022. Over the period under review, exports saw a sharp decline. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Burkina Faso (X tons) represented the largest exporter of salted, dried or smoked meat, and offal, creating X% of total exports. It was distantly followed by Nigeria (X tons) and Niger (X tons), together comprising a X% share of total exports. Senegal (X tons) followed a long way behind the leaders.

Burkina Faso was also the fastest-growing in terms of the salted, dried or smoked meat, and offal exports, with a CAGR of X% from 2012 to 2022. At the same time, Niger (X%) displayed positive paces of growth. By contrast, Nigeria (X%) and Senegal (X%) illustrated a downward trend over the same period. Burkina Faso (X p.p.) and Niger (X p.p.) significantly strengthened its position in terms of the total exports, while Senegal and Nigeria saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest salted, dried or smoked meat, and offal supplying countries in ECOWAS were Senegal ($X), Nigeria ($X) and Burkina Faso ($X), together comprising X% of total exports.

Burkina Faso, 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 mixed trends in the exports figures.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a precipitous shrinkage. The level of export peaked at $X per ton in 2012; however, from 2013 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 Senegal ($X per ton), while Niger ($X per ton) was amongst the lowest.

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

Imports of Salted, Dried or Smoked Meat, and Offal

Imports in ECOWAS

In 2022, overseas purchases of salted, dried or smoked meat, and offal increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, recorded a slight descent. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of salted, dried or smoked meat, and offal skyrocketed to $X in 2022. Over the period under review, imports, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Ghana (X tons) and Senegal (X tons) represented roughly X% of total imports in 2022. Liberia (X tons) took the next position in the ranking, followed by Cabo Verde (X tons). All these countries together held near X% share of total imports. Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest salted, dried or smoked meat, and offal importing markets in ECOWAS were Ghana ($X), Cabo Verde ($X) and Senegal ($X), with a combined X% share of total imports.

Senegal, with a CAGR of X%, recorded 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 mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price continues to indicate a perceptible contraction. 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.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Liberia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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