Report U.S. - Fonio - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 12, 2022

U.S. - Fonio - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Fonio Market 2022

Fonio Exports

Exports from the U.S.

In 2020, shipments abroad of fonio was finally on the rise to reach X tonnes after two years of decline. In general, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the peak figure at X tonnes in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, fonio exports soared to $X in 2020. Over the period under review, exports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X tonnes) was the main destination for fonio exports from the United States, with a X% share of total exports. Moreover, fonio exports to the UK exceeded the volume sent to the second major destination, Canada (X tonnes), twofold.

From 2012 to 2020, the average annual growth rate of volume to the UK was relatively modest.

In value terms, the UK ($X) and Canada ($X) appeared to be the largest markets for fonio exported from the United States worldwide.

In terms of the main countries of destination, Canada, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average fonio export price stood at $X per tonne in 2020, waning by -X% against the previous year. Over the period under review, the export price, however, posted a perceptible increase. The growth pace was the most rapid in 2019 an increase of X% y-o-y. As a result, the export price reached the peak level of $X per tonne, and then plummeted in the following year.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to the UK stood at $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%).

Fonio Imports

Imports into the U.S.

Fonio imports into the United States surged to X tonnes in 2020, with an increase of X% on 2019. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, fonio imports surged to $X in 2020. In general, imports showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

Togo (X tonnes), Senegal (X tonnes) and Mali (X tonnes) were the main suppliers of fonio imports to the United States, together comprising X% of total imports.

From 2012 to 2020, the biggest increases were in Togo (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Togo ($X) constituted the largest supplier of fonio to the United States, comprising X% of total imports. The second position in the ranking was occupied by Senegal ($X), with an X% share of total imports. It was followed by Mali, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Togo amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Senegal (+X% per year) and Mali (+X% per year).

Import Prices by Country

In 2020, the average fonio import price amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the import price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2017 to 2020, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Togo ($X per tonne), while the price for Mali ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Togo (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for fonio in the world?
+
The country with the largest volume of fonio consumption was Guinea, accounting for 76% of total volume. Moreover, fonio consumption in Guinea exceeded the figures recorded by the second-largest consumer, Nigeria, sevenfold. The third position in this ranking was occupied by Mali, with a 5.9% share.
What are the largest producers of fonio in the world?
+
Guinea constituted the country with the largest volume of fonio production, accounting for 76% of total volume. Moreover, fonio production in Guinea exceeded the figures recorded by the second-largest producer, Nigeria, sevenfold. Mali ranked third in terms of total production with a 5.9% share.
What are the leading suppliers of fonio to the U.S.?
+
In value terms, Togo constituted the largest supplier of fonio to the United States, comprising 82% of total imports. The second position in the ranking was occupied by Senegal, with an 11% share of total imports. It was followed by Mali, with a 5% share.
What are the leading importers of fonio from the U.S.?
+
In value terms, the largest markets for fonio exported from the United States were the UK and Canada.
What is the average export price for fonio in the U.S.?
+
The average fonio export price stood at $3,136 per tonne in 2020, which is down by -37.6% against the previous year.
What is the average import price for fonio in the U.S.?
+
The average fonio import price stood at $1,653 per tonne in 2020, flattening at the previous year.

This report provides an in-depth analysis of the fonio market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Product coverage:
• FCL 94 - Fonio
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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