Western Africa: Market for Fresh Or Chilled Salmonoids Fillets 2024

Market Size for Fresh Or Chilled Salmonoids Fillets in Western Africa

The West African market for fresh or chilled salmonoids fillets totaled $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Western Africa

In value terms, fresh or chilled salmonoids fillets production expanded slightly to $X in 2022 estimated in export price. In general, production showed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in Western Africa

For the fourth consecutive year, Western Africa recorded decline in overseas shipments of fresh or chilled salmonoids fillets, which decreased by X% to X tons in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets exports declined to $X in 2022. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Mauritania was the major exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Gambia (X tons), constituting a X% share of total exports. Senegal (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fresh or chilled salmonoids fillets exports from Mauritania stood at X%. At the same time, Gambia (X%) displayed positive paces of growth. Moreover, Gambia 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 Gambia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mauritania (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mauritania ($X) remains the largest fresh or chilled salmonoids fillets supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Gambia ($X), with an X% share of total exports.

In Mauritania, fresh or chilled salmonoids fillets exports shrank by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Gambia (X% per year) and Senegal (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 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 Mauritania ($X per ton), while Gambia ($X per ton) was amongst the lowest.

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

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in Western Africa

Fresh or chilled salmonoids fillets imports soared to X tons in 2022, rising by X% against the previous year. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets imports surged to $X in 2022. Overall, imports, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Togo (X tons) represented the major importer of fresh or chilled salmonoids fillets, constituting X% of total imports. It was distantly followed by Nigeria (X tons), achieving a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fresh or chilled salmonoids fillets imports into Togo stood at X%. At the same time, Nigeria (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. While the share of Togo (X p.p.) and Nigeria (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Togo ($X) constitutes the largest market for imported fresh or chilled salmonoids fillets in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports.

In Togo, fresh or chilled salmonoids fillets imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Nigeria ($X per ton), while Togo stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :