Western Africa: Sausage Market 2024

Sausage Market Size in Western Africa

For the fifth consecutive year, the West African sausage market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sausage Production in Western Africa

In value terms, sausage production reached $X in 2022 estimated in export price. Overall, production, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sausage Exports

Exports in Western Africa

Sausage exports declined notably to X tons in 2022, waning by X% compared with 2021 figures. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sausage exports reduced to $X in 2022. Overall, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Nigeria was the key exporting country with an export of about X tons, which reached X% of total exports. Senegal (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (X%) and Togo (X%). Cote d'Ivoire (X tons) and Sierra Leone (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Senegal (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest sausage supplying countries in Western Africa were Nigeria ($X), Senegal ($X) and Ghana ($X), with a combined X% share of total exports.

Senegal, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price saw a modest increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

Sausage Imports

Imports in Western Africa

After five years of growth, supplies from abroad of sausages and similar products of meat decreased by X% to X tons in 2022. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tons in 2021, and then fell in the following year.

In value terms, sausage imports shrank modestly to $X in 2022. Overall, imports, however, continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then shrank modestly in the following year.

Imports by Country

In 2022, Ghana (X tons), distantly followed by Sierra Leone (X tons), Liberia (X tons), Benin (X tons), Togo (X tons), Cabo Verde (X tons), Nigeria (X tons) and Senegal (X tons) represented the major importers of sausages and similar products of meat, together comprising X% of total imports.

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

In value terms, the largest sausage importing markets in Western Africa were Ghana ($X), Sierra Leone ($X) and Cabo Verde ($X), with a combined X% share of total imports. Liberia, Benin, Nigeria, Senegal and Togo lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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, declining by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Cabo Verde ($X per ton), while Togo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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