Western Africa: Market for Prepared or Preserved Meat 2024

Exports of Prepared or Preserved Meat

Exports in Western Africa

In 2022, approx. X tons of prepared or preserved meat were exported in Western Africa; with an increase of X% compared with 2021. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared or preserved meat exports contracted dramatically to $X in 2022. Over the period under review, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tons) and Gambia (X tons) were the main exporters of prepared or preserved meat in 2022, finishing at approx. X% and X% of total exports, respectively. Ghana (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Sierra Leone (X%), Senegal (X%), Liberia (X%) and Benin (X%).

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

In value terms, Gambia ($X), Sierra Leone ($X) and Ghana ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Senegal, Cote d'Ivoire, Benin and Liberia lagged somewhat behind, together accounting for a further X%.

Liberia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, which is down by X% against the previous year. Export price indicated modest growth from 2012 to 2022: its price 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, prepared or preserved meat export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Senegal ($X per ton), while Cote d'Ivoire ($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 more modest paces of growth.

Imports of Prepared or Preserved Meat

Imports in Western Africa

In 2022, imports of prepared or preserved meat in Western Africa reduced slightly to X tons, with a decrease of X% against 2021. Total imports indicated a measured increase from 2012 to 2022: its volume 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 2019 with an increase of X%. The volume of import peaked at X tons in 2021, and then reduced in the following year.

In value terms, prepared or preserved meat imports shrank to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

Ghana (X tons) and Gambia (X tons) represented roughly X% of total imports in 2022. Cabo Verde (X tons) held the next position in the ranking, followed by Guinea (X tons), Senegal (X tons), Cote d'Ivoire (X tons) and Mali (X tons). All these countries together held near X% share of total imports.

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

In value terms, the largest prepared or preserved meat importing markets in Western Africa were Ghana ($X), Gambia ($X) and Cabo Verde ($X), together accounting for X% of total imports.

Gambia, with a CAGR of X%, saw 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, falling by X% against the previous year. Overall, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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