Western Africa: Market for Coffee (Decaffeinated or Roasted) 2024

Market Size for Coffee (Decaffeinated or Roasted) in Western Africa

The West African decaffeinated or roasted coffee market surged to $X in 2022, increasing by X% against the previous year. The total consumption indicated a buoyant expansion 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 increased by X% against 2017 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Production of Coffee (Decaffeinated or Roasted) in Western Africa

In value terms, decaffeinated or roasted coffee production expanded remarkably to $X in 2022 estimated in export price. Overall, production posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Coffee (Decaffeinated or Roasted)

Exports in Western Africa

In 2022, after five years of decline, there was significant growth in shipments abroad of coffee (decaffeinated or roasted), when their volume increased by X% to X tons. Overall, exports, however, faced a abrupt setback. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, decaffeinated or roasted coffee exports surged to $X in 2022. In general, exports, however, showed a abrupt contraction. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X tons) and Guinea (X tons) represented the key exporters of coffee (decaffeinated or roasted) in 2022, recording near X% and X% of total exports, respectively. It was distantly followed by Ghana (X tons), Sierra Leone (X tons), Senegal (X tons) and Togo (X tons), together creating a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Burkina Faso (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest decaffeinated or roasted coffee supplying countries in Western Africa were Guinea ($X), Burkina Faso ($X) and Senegal ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Burkina Faso, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 Western Africa stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed noticeable growth. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

Imports of Coffee (Decaffeinated or Roasted)

Imports in Western Africa

In 2022, supplies from abroad of coffee (decaffeinated or roasted) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted notably in the following year.

In value terms, decaffeinated or roasted coffee imports fell rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell remarkably in the following year.

Imports by Country

Burkina Faso was the major importing country with an import of around X tons, which amounted to X% of total imports. It was distantly followed by Senegal (X tons), Cote d'Ivoire (X tons), Ghana (X tons) and Nigeria (X tons), together constituting a X% share of total imports. Mali (X tons) and Mauritania (X tons) followed a long way behind the leaders.

Imports into Burkina Faso increased at an average annual rate of X% from 2012 to 2022. At the same time, Ghana (X%), Mali (X%), Senegal (X%), Nigeria (X%), Mauritania (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Ghana, Senegal, Burkina Faso, Mali and Nigeria increased by X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest decaffeinated or roasted coffee importing markets in Western Africa were Cote d'Ivoire ($X), Senegal ($X) and Ghana ($X), together accounting for X% of total imports.

Among the main importing countries, Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, growing by X% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price 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. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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