Western Africa: Dry Peas Market 2024

Dry Peas Market Size in Western Africa

In 2022, the West African dry peas market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption saw a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Dry Peas Production in Western Africa

In value terms, dry peas production skyrocketed to $X in 2022 estimated in export price. The total production indicated a strong increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Mauritania (X tons) constituted the country with the largest volume of dry peas production, accounting for X% of total volume. Moreover, dry peas production in Mauritania exceeded the figures recorded by the second-largest producer, Sierra Leone (X tons), threefold. The third position in this ranking was taken by Mali (X tons), with a X% share.

In Mauritania, dry peas production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Sierra Leone (X% per year) and Mali (X% per year).

The average dry peas yield stood at X kg per ha in 2022, picking up by X% on the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per ha. From 2021 to 2022, the growth of the dry peas yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of peas (dry) were harvested in Western Africa; standing approx. at 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area stood at a somewhat lower figure.

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Dry Peas Exports

Exports in Western Africa

In 2022, exports of peas (dry) in Western Africa fell dramatically to X tons, waning by X% against the previous year. Over the period under review, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, dry peas exports reduced rapidly to $X in 2022. Overall, exports saw a deep reduction. The growth pace was the most rapid in 2016 when exports increased by X%. The level of export peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Mali dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Senegal (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (X%). Ghana (X tons) followed a long way behind the leaders.

Exports from Mali increased at an average annual rate of X% from 2012 to 2022. At the same time, Nigeria (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Senegal (X%) and Ghana (X%) illustrated a downward trend over the same period. While the share of Mali (X p.p.) and Nigeria (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Senegal (X p.p.) and Ghana (X p.p.) displayed negative dynamics.

In value terms, Mali ($X) remains the largest dry peas supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

In Mali, dry peas exports expanded at 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: Nigeria (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, dropping by X% against the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Dry Peas Imports

Imports in Western Africa

In 2022, overseas purchases of peas (dry) increased by X% to X tons, rising for the fourth year in a row after three years of decline. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, dry peas imports soared to $X in 2022. Overall, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria (X tons) and Senegal (X tons) were the major importers of peas (dry) in 2022, reaching approx. X% and X% of total imports, respectively. Burkina Faso (X tons) ranks next in terms of the total imports with a X% share, followed by Benin (X%) and Gambia (X%). The following importers - Liberia (X tons) and Cote d'Ivoire (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Burkina Faso (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported peas (dry) in Western Africa, comprising X% of total imports. The second position in the ranking was held by Burkina Faso ($X), with a X% share of total imports. It was followed by Benin, with an X% share.

In Nigeria, dry peas imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Burkina Faso (X% per year) and Benin (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, surging by X% against the previous year. In general, the import price posted a slight expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform