Western Africa: Green Bean Market 2022

Green Bean Market Size in Western Africa

After two years of growth, the West African green bean market decreased by -X% to $X in 2021. In general, consumption recorded a noticeable reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Green Bean Production in Western Africa

In value terms, green bean production dropped remarkably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

The countries with the highest volumes of in 2021 were Niger (X tons), Senegal (X tons) and Ghana (X tons), together accounting for X% of total production. Cote d'Ivoire, Burkina Faso and Mali lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Mali (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

The average green bean yield reached X tons per ha in 2021, increasing by X% compared with the year before. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the yield increased by X% against the previous year. Over the period under review, the green bean yield reached the peak level in 2021 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of green beans were harvested in Western Africa; flattening at the previous year. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X%. The level of harvested area peaked in 2021 and is expected to retain growth in the immediate term.

Production By Country in Western Africa

The countries with the highest volumes of in 2021 were Niger (X tons), Senegal (X tons) and Ghana (X tons), with a combined X% share of total production. Cote d'Ivoire, Burkina Faso and Mali lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Mali (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

Green Bean Exports

Exports in Western Africa

In 2021, approx. X tons of green beans were exported in Western Africa; with an increase of X% against 2020. Over the period under review, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, green bean exports skyrocketed to $X in 2021. Overall, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Senegal prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2021. Niger (X tons) followed a long way behind the leaders.

Senegal was also the fastest-growing in terms of the green beans exports, with a CAGR of +X% from 2012 to 2021. At the same time, Niger (+X%) displayed positive paces of growth. Senegal (+X p.p.) significantly strengthened its position in terms of the total exports, while Niger saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Senegal ($X) remains the largest green bean supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Niger ($X), with a X% share of total exports.

In Senegal, green bean exports increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Senegal ($X per ton), while Niger totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+X%).

Green Bean Imports

Imports in Western Africa

In 2021, supplies from abroad of green beans increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a deep contraction. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, green bean imports skyrocketed to $X in 2021. Overall, imports, however, saw a deep slump. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Mali represented the key importing country with an import of about X tons, which accounted for X% of total imports. Sierra Leone (X tons) ranks second in terms of the total imports with a X% share, followed by Guinea (X%) and Cabo Verde (X%). The following importers - Mauritania (X tons), Senegal (X tons) and Liberia (X tons) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to green bean imports into Mali stood at +X%. At the same time, Guinea (+X%) and Cabo Verde (+X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. By contrast, Senegal (-X%), Mauritania (-X%), Liberia (-X%) and Sierra Leone (-X%) illustrated a downward trend over the same period. Mali (+X p.p.), Guinea (+X p.p.) and Cabo Verde (+X p.p.) significantly strengthened its position in terms of the total imports, while Sierra Leone saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mali ($X) constitutes the largest market for imported green beans in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Sierra Leone ($X), with a X% share of total imports. It was followed by Mauritania, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Mali stood at +X%. In the other countries, the average annual rates were as follows: Sierra Leone (-X% per year) and Mauritania (+X% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Mauritania ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform