Western Africa: Skim Milk Market 2024

Skim Milk Market Size in Western Africa

The West African skim milk market was estimated at $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Skim Milk Production in Western Africa

In value terms, skim milk production contracted to $X in 2022 estimated in export price. In general, production continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Niger (X tons), Nigeria (X tons) and Burkina Faso (X tons), together accounting for X% of total production.

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

Skim Milk Exports

Exports in Western Africa

In 2022, approx. X tons of skim milk were exported in Western Africa; with a decrease of X% compared with 2021 figures. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, skim milk exports rose remarkably to $X in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Nigeria (X tons) and Cote d'Ivoire (X tons) were the largest exporters of skim milk in Western Africa, together mixing up X% of total exports. Gambia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (X%), Mauritania (X%) and Benin (X%). Senegal (X kg) followed a long way behind the leaders.

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

In value terms, the largest skim milk supplying countries in Western Africa were Nigeria ($X), Cote d'Ivoire ($X) and Gambia ($X), together accounting for X% of total exports. Senegal, Benin, Mauritania and Ghana lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Senegal ($X per ton), while Ghana ($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 more modest paces of growth.

Skim Milk Imports

Imports in Western Africa

Skim milk imports contracted to X tons in 2022, dropping by X% on 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, skim milk imports fell slightly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mauritania prevails in imports structure, finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Ghana (X tons), mixing up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to skim milk imports into Mauritania stood at X%. At the same time, Ghana (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Ghana increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mauritania ($X) constitutes the largest market for imported skim milk in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports.

In Mauritania, skim milk imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a slight contraction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 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 Ghana ($X per ton), while Mauritania stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%).

Source: IndexBox Platform

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