Western Africa: Food Mixer Market 2024

Food Mixer Market Size in Western Africa

In 2022, after five years of growth, there was decline in the West African food mixer market, when its value decreased by X% to $X. The total consumption indicated prominent growth 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. Over the period under review, the market hit record highs at $X in 2021, and then fell modestly in the following year.

Food Mixer Production in Western Africa

In value terms, food mixer production totaled $X in 2022 estimated in export price. The total production indicated a prominent 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Food Mixer Exports

Exports in Western Africa

In 2022, approx. X units of domestic food grinders and mixers and fruit or vegetable juice extractors were exported in Western Africa; reducing by X% compared with the previous year's figure. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, food mixer exports shrank dramatically to $X in 2022. Overall, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sierra Leone dominates exports structure, amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Cote d'Ivoire (X units), comprising a X% share of total exports. The following exporters - Senegal (X units), Benin (X units) and Gambia (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to food mixer exports from Sierra Leone stood at X%. At the same time, Senegal (X%), Cote d'Ivoire (X%), Benin (X%) and Gambia (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. Cote d'Ivoire (X p.p.), Senegal (X p.p.) and Benin (X p.p.) significantly strengthened its position in terms of the total exports, while Sierra Leone saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sierra Leone ($X) remains the largest food mixer supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Sierra Leone totaled X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Senegal (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, which is down by X% against the previous year. Overall, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sierra Leone ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

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

Food Mixer Imports

Imports in Western Africa

In 2022, after five years of growth, there was significant decline in overseas purchases of domestic food grinders and mixers and fruit or vegetable juice extractors, when their volume decreased by X% to X units. Overall, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then reduced in the following year.

In value terms, food mixer imports dropped markedly to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, Ghana (X units) was the main importer of domestic food grinders and mixers and fruit or vegetable juice extractors, generating X% of total imports. It was distantly followed by Nigeria (X units), making up a X% share of total imports. Mauritania (X units), Benin (X units), Cote d'Ivoire (X units), Guinea (X units) and Cabo Verde (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to food mixer imports into Ghana stood at X%. At the same time, Benin (X%), Guinea (X%), Mauritania (X%), Cabo Verde (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%) illustrated a downward trend over the same period. While the share of Ghana (X p.p.), Mauritania (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 Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported domestic food grinders and mixers and fruit or vegetable juice extractors in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana stood at X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 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 Cote d'Ivoire ($X per unit), while Ghana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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