Western Africa: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Western Africa

In 2022, the West African frozen poultry liver market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. The total consumption indicated a moderate 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, consumption increased by X% against 2015 indices. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Frozen Poultry Liver Production in Western Africa

In value terms, frozen poultry liver production dropped modestly to $X in 2022 estimated in export price. In general, production showed a mild decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Frozen Poultry Liver Exports

Exports in Western Africa

In 2022, overseas shipments of frozen poultry livers and offal decreased by X% to X tons, falling for the fourth consecutive year after four years of growth. Overall, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, frozen poultry liver exports contracted sharply to $X in 2022. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Liberia was the key exporter of frozen poultry livers and offal in Western Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Mauritania (X tons) and Ghana (X tons), together creating a X% share of total exports. Togo (X tons) and Benin (X tons) followed a long way behind the leaders.

Liberia was also the fastest-growing in terms of the frozen poultry livers and offal exports, with a CAGR of X% from 2012 to 2022. Togo (X%), Mauritania (X%), Ghana (X%) and Benin (X%) illustrated a downward trend over the same period. While the share of Liberia (X p.p.), Mauritania (X p.p.), Togo (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Benin (X p.p.) displayed negative dynamics.

In value terms, Liberia ($X) emerged as the largest frozen poultry liver supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with an X% share of total exports. It was followed by Benin, with an X% share.

In Liberia, frozen poultry liver exports declined 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: Mauritania (X% per year) and Benin (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then fell dramatically in the following year.

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 Benin ($X per ton), while Togo ($X per ton) was amongst the lowest.

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

Frozen Poultry Liver Imports

Imports in Western Africa

After five years of growth, purchases abroad of frozen poultry livers and offal decreased by X% to X tons in 2022. In general, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then declined significantly in the following year.

In value terms, frozen poultry liver imports contracted rapidly to $X in 2022. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, Ghana (X tons) represented the major importer of frozen poultry livers and offal, generating X% of total imports. Benin (X tons) took the second position in the ranking, followed by Liberia (X tons), Guinea (X tons), Sierra Leone (X tons), Mauritania (X tons) and Gambia (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to frozen poultry liver imports into Ghana stood at X%. At the same time, Guinea (X%), Mauritania (X%), Gambia (X%), Liberia (X%) and Sierra Leone (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Benin (X%) illustrated a downward trend over the same period. While the share of Ghana (X p.p.), Guinea (X p.p.), Mauritania (X p.p.), Liberia (X p.p.) and Gambia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Benin (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported frozen poultry livers and offal in Western Africa, comprising X% of total imports. The second position in the ranking was held by Benin ($X), with a X% share of total imports. It was followed by Guinea, with an X% share.

In Ghana, frozen poultry liver imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Benin (X% per year) and Guinea (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price recorded a slight contraction. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 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 Ghana ($X per ton), while Liberia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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