Western Africa: Piper Pepper Market 2024

Piper Pepper Market Size in Western Africa

After two years of growth, the West African piper pepper market decreased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a resilient increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Piper Pepper Production in Western Africa

In value terms, piper pepper production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, showed a measured increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Burkina Faso (X tons) constituted the country with the largest volume of piper pepper production, accounting for X% of total volume. Moreover, piper pepper production in Burkina Faso exceeded the figures recorded by the second-largest producer, Ghana (X tons), more than tenfold.

In Burkina Faso, piper pepper production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Nigeria (X.2% per year).

In 2022, the average yield of piper pepper in Western Africa was estimated at X kg per ha, approximately equating the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the piper pepper yield attained the peak level in 2022 and is likely to see gradual growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of piper pepper production in Western Africa dropped modestly to X ha, waning by X% against 2021 figures. Over the period under review, the harvested area, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the piper pepper harvested area failed to regain momentum.

Piper Pepper Exports

Exports in Western Africa

In 2022, approx. X tons of piper pepper were exported in Western Africa; picking up by X% against 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, piper pepper exports contracted dramatically to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Nigeria dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Ghana (X tons), constituting a X% share of total exports. The following exporters - Cote d'Ivoire (X tons) and Senegal (X tons) - together made up X% of total exports.

Nigeria was also the fastest-growing in terms of the piper pepper exports, with a CAGR of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%) and Ghana (X%) displayed positive paces of growth. By contrast, Senegal (X%) illustrated a downward trend over the same period. While the share of Nigeria (X p.p.) and Cote d'Ivoire (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (X p.p.) and Senegal (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) remains the largest piper pepper supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

In Nigeria, piper pepper 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: Ghana (X% per year) and Cote d'Ivoire (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. Overall, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Piper Pepper Imports

Imports in Western Africa

In 2022, imports of piper pepper in Western Africa expanded markedly to X tons, with an increase of X% compared with the previous year. In general, imports saw a resilient increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, piper pepper imports dropped to $X in 2022. Total imports indicated a remarkable 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, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then contracted modestly in the following year.

Imports by Country

In 2022, Mauritania (X tons), Nigeria (X tons), Ghana (X tons) and Senegal (X tons) represented the key importer of piper pepper in Western Africa, mixing up X% of total import. It was distantly followed by Togo (X tons), achieving an X% share of total imports. The following importers - Cote d'Ivoire (X tons) and Mali (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Togo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Ghana ($X) and Senegal ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Mali, Cote d'Ivoire, Togo and Mauritania lagged somewhat behind, together comprising a further X%.

Togo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, 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 shrinkage. The growth pace was the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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