Western Africa: Market for Smoked Fish Other than Salmon and Herring 2024

Market Size for Smoked Fish Other than Salmon and Herring in Western Africa

The West African market for smoked fish other than salmon and herring contracted to $X in 2022, declining by X% against the previous year. Overall, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Smoked Fish Other than Salmon and Herring in Western Africa

In value terms, production of smoked fish other than salmon and herring fell modestly to $X in 2022 estimated in export price. The total production indicated a moderate expansion 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Exports of Smoked Fish Other than Salmon and Herring

Exports in Western Africa

In 2022, approx. X tons of smoked fish other than salmon and herring were exported in Western Africa; growing by X% on the year before. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of smoked fish other than salmon and herring skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Niger (X tons) was the key exporter of smoked fish other than salmon and herring, achieving X% of total exports. Guinea (X tons) ranks second in terms of the total exports with a X% share, followed by Mali (X%) and Sierra Leone (X%). The following exporters - Senegal (X tons), Ghana (X tons) and Gambia (X tons) - each amounted to an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to smoked fish other than salmon and herring exports from Niger stood at X%. At the same time, Guinea (X%), Mali (X%), Senegal (X%), Gambia (X%), Sierra Leone (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. While the share of Niger (X p.p.), Guinea (X p.p.) and Mali (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (X p.p.) and Sierra Leone (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Niger ($X) emerged as the largest smoked fish other than salmon and herring supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports. It was followed by Sierra Leone, with a X% share.

In Niger, exports of smoked fish other than salmon and herring 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 Sierra Leone (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

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

Imports of Smoked Fish Other than Salmon and Herring

Imports in Western Africa

In 2022, overseas purchases of smoked fish other than salmon and herring decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a perceptible slump. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of smoked fish other than salmon and herring dropped to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Burkina Faso (X tons) represented the key importer of smoked fish other than salmon and herring in Western Africa, mixing up X% of total import.

Burkina Faso was also the fastest-growing in terms of the smoked fish other than salmon and herring imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Burkina Faso decreased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Burkina Faso ($X) constitutes the largest market for imported smoked fish other than salmon and herring in Western Africa.

From 2012 to 2022, the average annual rate of growth in terms of value in Burkina Faso amounted to X%.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, surging by X% against the previous year. Overall, the import price showed a pronounced expansion. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Burkina Faso.

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to X% per year.

Source: IndexBox Platform

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