Western Africa: Bambara Bean Market 2024

Bambara Bean Market Size in Western Africa

The West African bambara bean market amounted to $X in 2022, stabilizing at the previous year. The total consumption indicated a perceptible 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Bambara Bean Production in Western Africa

In value terms, bambara bean production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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

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

The average bambara bean yield totaled X kg per ha in 2022, increasing by X% against the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the yield increased by X%. Over the period under review, the bambara bean yield attained the maximum level at X kg per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The bambara bean harvested area stood at X ha in 2022, picking up by X% against 2021. 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 recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2021 to 2022, the growth of the bambara bean harvested area remained at a somewhat lower figure.

Bambara Bean Exports

Exports in Western Africa

Bambara bean exports soared to X tons in 2022, increasing by X% against the year before. Over the period under review, exports showed a significant expansion. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, bambara bean exports soared to $X in 2022. Overall, exports showed significant growth. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Nigeria dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Ghana (X tons), mixing up a X% share of total exports.

Nigeria was also the fastest-growing in terms of the bambara beans exports, with a CAGR of X% from 2012 to 2022. At the same time, Ghana (X%) displayed positive paces of growth. Nigeria (X p.p.) significantly strengthened its position in terms of the total exports, while Ghana saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Nigeria ($X) emerged as the largest bambara bean supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with an X% share of total exports.

In Nigeria, bambara bean exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a 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 Ghana ($X per ton), while Nigeria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%).

Bambara Bean Imports

Imports in Western Africa

In 2022, approx. X tons of bambara beans were imported in Western Africa; reducing by X% on the previous year. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, bambara bean imports fell significantly to $X in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Senegal (X tons) represented the major importer of bambara beans, committing X% of total imports. Benin (X tons) ranks second in terms of the total imports with a X% share, followed by Togo (X%).

Senegal was also the fastest-growing in terms of the bambara beans imports, with a CAGR of X% from 2012 to 2022. Benin experienced a relatively flat trend pattern. Togo (X%) illustrated a downward trend over the same period. Senegal (X p.p.), Benin (X p.p.) and Togo (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) constitutes the largest market for imported bambara beans in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Togo ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Senegal amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Togo (X% per year) and Benin (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Senegal ($X per ton), while Benin ($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%).

Source: IndexBox Platform

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