Western Africa: Dried Vegetables Market 2024

Dried Vegetables Market Size in Western Africa

The West African dried vegetables market contracted modestly to $X in 2022, which is down by X% against the previous year. The total consumption indicated buoyant 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. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Dried Vegetables Production in Western Africa

In value terms, dried vegetables production shrank modestly to $X in 2022 estimated in export price. The total production indicated a strong 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Dried Vegetables Exports

Exports in Western Africa

Dried vegetables exports surged to X tons in 2022, increasing by X% on the previous year. Over the period under review, exports continue to indicate a notable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried vegetables exports surged to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Togo was the main exporting country with an export of about X tons, which amounted to X% of total exports. Senegal (X tons) ranks second in terms of the total exports with a X% share, followed by Niger (X%) and Cote d'Ivoire (X%). The following exporters - Ghana (X tons), Mali (X tons) and Burkina Faso (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to dried vegetables exports from Togo stood at X%. At the same time, Mali (X%), Niger (X%), Ghana (X%), Cote d'Ivoire (X%) and Burkina Faso (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. Senegal experienced a relatively flat trend pattern. While the share of Niger (X p.p.) and Mali (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Togo (X p.p.) and Senegal (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest dried vegetables supplying countries in Western Africa were Senegal ($X), Niger ($X) and Togo ($X), with a combined X% share of total exports.

Niger, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Dried Vegetables Imports

Imports in Western Africa

In 2022, purchases abroad of dried vegetables and mixtures of vegetables decreased by X% to X tons, falling for the second year in a row after two years of growth. Total imports indicated a buoyant expansion from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, dried vegetables imports declined to $X in 2022. Total imports indicated buoyant 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. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Senegal (X tons), distantly followed by Cote d'Ivoire (X tons), Mali (X tons), Niger (X tons), Ghana (X tons), Sierra Leone (X tons) and Nigeria (X tons) were the main importers of dried vegetables and mixtures of vegetables, together mixing up X% of total imports. Liberia (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Mali (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X) constitutes the largest market for imported dried vegetables and mixtures of vegetables in Western Africa, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Sierra Leone, with a X% share.

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

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, flattening at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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