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Report Western Africa - Frozen Atlantic Salmon and Danube Salmon - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Western Africa - Frozen Atlantic Salmon and Danube Salmon - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports in Western Africa

In 2019, the amount of frozen atlantic salmon and danube salmon exported in Western Africa fell remarkably to X kg, which is down by -X% against the year before. In general, exports continue to indicate a precipitous curtailment. The smallest decline of -X% was in 2018. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2019, the exports remained at a lower figure.

In value terms, exports of frozen atlantic salmon and danube salmon shrank remarkably to $X in 2019. Over the period under review, exports recorded a dramatic decline. The smallest decline of -X% was in 2018. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of frozen atlantic salmon and danube salmon, namely Ghana, represented more than two-thirds of total export.

Ghana was also the fastest-growing in terms of the frozen atlantic salmon and danube salmon exports, with a CAGR of +X% from 2017 to 2019. From 2017 to 2019, the share of Ghana increased by +X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Ghana, exports of frozen atlantic salmon and danube salmon expanded at an average annual rate of +X% over the period from 2017-2019.

Export Prices by Country

In 2019, the export price in Western Africa amounted to $X per ton, growing by X% against the previous year. In general, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ghana.

From 2017 to 2019, the rate of growth in terms of prices for Ghana amounted to +X% per year.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports in Western Africa

In 2021, overseas purchases of frozen atlantic salmon and danube salmon were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of frozen atlantic salmon and danube salmon dropped slightly to $X in 2021. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Nigeria represented the main importer of frozen atlantic salmon and danube salmon in Western Africa, with the volume of imports accounting for X tons, which was near X% of total imports in 2021. Cabo Verde (X kg) ranks second in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%), Senegal (X%) and Burkina Faso (X%). The following importers - Mauritania (X kg) and Gambia (X kg) - each recorded a X% share of total imports.

Imports into Nigeria decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Mauritania (+X%), Gambia (+X%), Cote d'Ivoire (+X%) and Senegal (+X%) displayed positive paces of growth. Moreover, Mauritania emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. Burkina Faso experienced a relatively flat trend pattern. By contrast, Cabo Verde (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Cote d'Ivoire, Senegal, Mauritania, Gambia and Burkina Faso increased by +X, +X, +X, +X and +X percentage points, respectively. Nigeria (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Cabo Verde ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports. Gambia, Mauritania, Senegal and Burkina Faso lagged somewhat behind, together accounting for a further X the main importing countries, Gambia, with a CAGR of +X%, recorded the highest growth rate of 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

The import price in Western Africa stood at $X per ton in 2021, reducing by -X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Burkina Faso (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Nigeria remains the largest frozen atlantic salmon and danube salmon consuming country in Western Africa, accounting for 51% of total volume. Moreover, consumption of frozen atlantic salmon and danube salmon in Nigeria exceeded the figures recorded by the second-largest consumer, Cabo Verde, fourfold. Cote d'Ivoire ranked third in terms of total consumption with a 9.4% share.
The country with the largest volume of production of frozen atlantic salmon and danube salmon was Senegal, comprising approx. 100% of total volume.
In value terms, Nigeria, Cote d'Ivoire and Cabo Verde constituted the countries with the highest levels of imports in 2021, together comprising 65% of total imports. These countries were followed by Gambia, Mauritania, Senegal and Burkina Faso, which together accounted for a further 26%.
The export price in Western Africa stood at $10,594 per ton in 2019, with an increase of 173% against the previous year.
The import price in Western Africa stood at $5,365 per ton in 2021, declining by -35.1% against the previous year.

This report provides an in-depth analysis of the market for frozen atlantic salmon and danube salmon in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Benin
    • Burkina Faso
    • Cabo Verde
    • Cote d'Ivoire
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Liberia
    • Mali
    • Mauritania
    • Niger
    • Nigeria
    • Saint Helena, Ascension and Tristan da Cunha
    • Senegal
    • Sierra Leone
    • Togo

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Western Africa, split by region and country
    • Trade (exports and imports) in Western Africa
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Benin
      • Burkina Faso
      • Cabo Verde
      • Gambia
      • Ghana
      • Guinea
      • Guinea-Bissau
      • Liberia
      • Mali
      • Mauritania
      • Niger
      • Nigeria
      • Saint Helena, Ascension and Tristan da Cunha
      • Senegal
      • Sierra Leone
      • Togo
      • Cote d'Ivoire

    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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