ECOWAS: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in ECOWAS

The ECOWAS uncooked pasta market expanded modestly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Uncooked Pasta Production in ECOWAS

In value terms, uncooked pasta production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Uncooked Pasta Exports

Exports in ECOWAS

After three years of decline, overseas shipments of uncooked pasta increased by X% to X tons in 2022. Overall, exports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, uncooked pasta exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Senegal (X tons), comprising a X% share of total exports. Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to uncooked pasta exports from Cote d'Ivoire stood at X%. At the same time, Nigeria (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. Cote d'Ivoire (X p.p.), Senegal (X p.p.) and Nigeria (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest uncooked pasta supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with an X% share of total exports.

In Cote d'Ivoire, uncooked pasta exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Nigeria (X% per year).

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 last decade, it increased at an average annual rate of X%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 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 Senegal ($X per ton), while Nigeria ($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 mixed trends in the export price figures.

Uncooked Pasta Imports

Imports in ECOWAS

In 2022, the amount of uncooked pasta imported in ECOWAS expanded remarkably to X tons, growing by X% compared with 2021 figures. Overall, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, uncooked pasta imports fell to $X in 2022. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Ghana (X tons) was the major importer of uncooked pasta, generating X% of total imports. Burkina Faso (X tons) ranks second in terms of the total imports with a X% share, followed by Benin (X%), Niger (X%) and Mali (X%). The following importers - Guinea (X tons) and Gambia (X tons) - each resulted at an X% share of total imports.

Ghana was also the fastest-growing in terms of the uncooked pasta imports, with a CAGR of X% from 2012 to 2022. At the same time, Guinea (X%), Benin (X%), Gambia (X%), Burkina Faso (X%) and Mali (X%) displayed positive paces of growth. By contrast, Niger (X%) illustrated a downward trend over the same period. While the share of Ghana (X p.p.), Benin (X p.p.) and Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mali (X p.p.), Burkina Faso (X p.p.) and Niger (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported uncooked pasta in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Benin ($X), with a X% share of total imports. It was followed by Burkina Faso, with an X% share.

In Ghana, uncooked pasta imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Benin (X% per year) and Burkina Faso (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price showed a mild decrease. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guinea ($X per ton), while Burkina Faso ($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 a decline in the import price figures.

Source: IndexBox Platform

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