Report Update May 1, 2024

Western Africa - Frozen Eels - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Frozen Eels Market 2022

Frozen Eels Market Size in Western Africa

After two years of growth, the West African frozen eels market decreased by -X% to $X in 2020. Over the period under review, consumption, however, showed a measured increase. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2019, and then contracted dramatically in the following year.

Frozen Eels Production in Western Africa

In value terms, frozen eels production dropped rapidly to $X in 2020 estimated in export prices. Over the period under review, production, however, saw noticeable growth. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. As a result, production attained the peak level of $X, and then fell remarkably in the following year.

Production By Country in Western Africa

Togo (X kg) remains the largest frozen eels producing country in Western Africa, accounting for X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in Togo totaled +X%.

Frozen Eels Exports

Exports in Western Africa

Frozen eels exports stood at X tons in 2019, flattening at 2018 figures. In general, exports recorded significant growth. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in the immediate term.

In value terms, frozen eels exports amounted to $X in 2019. Over the period under review, exports showed significant growth. The level of export peaked in 2019 and is expected to retain growth in years to come.

Export Prices by Country

In 2019, the frozen eels export price in Western Africa amounted to $X per ton, growing by X% against the previous year. Overall, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton; afterwards, it flattened through to 2019.

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

From 2015 to 2019, the rate of growth in terms of prices for Ghana amounted to X% per year.

Frozen Eels Imports

Imports in Western Africa

In 2019, the amount of frozen eels imported in Western Africa surged to X kg, rising by X% against the year before. In general, imports, however, faced a dramatic shrinkage. The volume of import peaked at X tons in 2016; however, from 2017 to 2019, imports remained at a lower figure.

In value terms, frozen eels imports skyrocketed to $X in 2019. Over the period under review, imports, however, showed a precipitous descent. The level of import peaked at $X in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Cabo Verde dominates frozen eels imports structure, reaching X kg, which was approx. X% of total imports in 2019. It was distantly followed by Liberia (X kg), mixing up a X% share of total imports. Cote d'Ivoire (X kg) followed a long way behind the leaders.

Cabo Verde was also the fastest-growing in terms of the frozen eels imports, with a CAGR of +X% from 2013 to 2019. Cote d'Ivoire and Liberia experienced a relatively flat trend pattern. While the share of Cabo Verde (+X p.p.), Liberia (+X p.p.) and Cote d'Ivoire (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cabo Verde ($X) constitutes the largest market for imported frozen eels in Western Africa, comprising X% of total imports. The second position in the ranking was occupied by Cote d'Ivoire ($X), with a X% share of total imports.

In Cabo Verde, frozen eels imports expanded at an average annual rate of +X% over the period from 2013-2019. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Liberia (X% per year).

Import Prices by Country

In 2019, the frozen eels import price in Western Africa amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the import price, however, saw significant growth. The most prominent rate of growth was recorded in 2016 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per ton. from 2017 to 2019, the growth in terms of the import prices failed to regain the momentum.

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

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen eels in Western Africa?

Togo remains the largest frozen eels consuming country in Western Africa, accounting for 100% of total volume.

What are the largest producers of frozen eels in Western Africa?

The country with the largest volume of frozen eels production was Togo, accounting for 100% of total volume.

What are the leading importers of frozen eels in Western Africa?

In value terms, Cabo Verde constitutes the largest market for imported frozen eels in Western Africa, comprising 84% of total imports. The second position in the ranking was occupied by Cote d'Ivoire $491), with a 14% share of total imports.

What is the average export price for frozen eels in Western Africa?

In 2019, the frozen eels export price in Western Africa amounted to $6,773 per ton, with an increase of 538% against the previous year.

What is the average import price for frozen eels in Western Africa?

The frozen eels import price in Western Africa stood at $17,225 per ton in 2019, which is down by -31.3% against the previous year.

This report provides an in-depth analysis of the frozen eels market 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 2025.

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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
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