Report Western Africa - Rusks, Toasted Bread and Similar Toasted Products - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 8, 2022

Western Africa - Rusks, Toasted Bread and Similar Toasted Products - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

Western Africa: Market for Rusks, Toasted Bread and Similar Toasted Products 2022

Market Size for Rusks, Toasted Bread and Similar Toasted Products in Western Africa

The West African rusks and toasted bread market shrank to $X in 2021, waning by -13.6% against the previous year. In general, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Production of Rusks, Toasted Bread and Similar Toasted Products in Western Africa

In value terms, rusks and toasted bread production declined to $X in 2021 estimated in export price. The total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +19.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 38% against the previous year. As a result, production reached the peak level of $X, and then shrank in the following year.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports in Western Africa

In 2021, shipments abroad of rusks, toasted bread and similar toasted products was finally on the rise to reach X tons after two years of decline. In general, exports continue to indicate a measured expansion. The pace of growth appeared the most rapid in 2018 with an increase of 141%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, rusks and toasted bread exports expanded slightly to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 108%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Ghana dominates exports structure, reaching X tons, which was near 94% of total exports in 2021. Nigeria (X kg) followed a long way behind the leaders.

Exports from Ghana increased at an average annual rate of +11.9% from 2012 to 2021. At the same time, Nigeria (+24.0%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +24.0% from 2012-2021. Ghana (+51 p.p.) and Nigeria (+3.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) remains the largest rusks and toasted bread supplier in Western Africa, comprising 91% of total exports. The second position in the ranking was held by Nigeria ($X), with a 2.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Ghana stood at +9.7%.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, waning by -11.9% against the previous year. Overall, the export price showed a pronounced contraction. The pace of growth appeared the most rapid in 2015 when the export price increased by 51%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (-1.5%).

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports in Western Africa

In 2021, approx. X tons of rusks, toasted bread and similar toasted products were imported in Western Africa; jumping by 22% against the previous year's figure. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +21.5% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 45% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, rusks and toasted bread imports soared to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +46.9% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 43%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

Senegal (X tons) and Mauritania (X tons) represented the key importers of rusks, toasted bread and similar toasted products in 2021, finishing at approx. 29% and 22% of total imports, respectively. It was distantly followed by Cote d'Ivoire (X tons), Benin (X tons) and Cabo Verde (X tons), together making up a 29% share of total imports. Nigeria (X tons), Guinea (X tons), Gambia (X tons), Ghana (X tons), Burkina Faso (X tons), Liberia (X tons) and Mali (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Mali (with a CAGR of +26.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Cote d'Ivoire ($X) and Mauritania ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 57% of total imports.

Senegal, with a CAGR of +33.0%, 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

The import price in Western Africa stood at $X per ton in 2021, growing by 3.1% against the previous year. In general, the import price, however, recorded a slight curtailment. The growth pace was the most rapid in 2020 an increase of 8%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for rusks, toasted bread and similar toasted products in Western Africa?
+
The country with the largest volume of rusks and toasted bread consumption was Nigeria, accounting for 40% of total volume. Moreover, rusks and toasted bread consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire, fivefold. The third position in this ranking was held by Niger, with a 7.8% share.
What are the largest producers of rusks, toasted bread and similar toasted products in Western Africa?
+
The country with the largest volume of rusks and toasted bread production was Nigeria, accounting for 40% of total volume. Moreover, rusks and toasted bread production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire, fivefold. The third position in this ranking was taken by Niger, with a 7.8% share.
What are the leading exporters of rusks, toasted bread and similar toasted products in Western Africa?
+
In value terms, Ghana remains the largest rusks and toasted bread supplier in Western Africa, comprising 91% of total exports. The second position in the ranking was held by Nigeria $416), with a 2.5% share of total exports.
What are the leading importers of rusks, toasted bread and similar toasted products in Western Africa?
+
In value terms, the largest rusks and toasted bread importing markets in Western Africa were Senegal, Cote d'Ivoire and Mauritania, with a combined 57% share of total imports.
What is the average export price for rusks, toasted bread and similar toasted products in Western Africa?
+
The export price in Western Africa stood at $1,595 per ton in 2021, declining by -11.9% against the previous year.
What is the average import price for rusks, toasted bread and similar toasted products in Western Africa?
+
In 2021, the import price in Western Africa amounted to $2,241 per ton, increasing by 3.1% against the previous year.

This report provides an in-depth analysis of the market for rusks and toasted bread in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 10721150 - Rusks, toasted bread and similar toasted products
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Western Africa, split by region and country
• Trade (exports and imports) in Western Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Benin
• Burkina Faso
• Cabo Verde
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Niger
• Nigeria
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo
• Cote d'Ivoire
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET