Western Africa: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in Western Africa

The West African grape wine spirits market totaled $X in 2022, rising by X% against the previous year. In general, consumption showed a slight slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Grape Wine Spirits Production in Western Africa

In value terms, grape wine spirits production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Grape Wine Spirits Exports

Exports in Western Africa

In 2022, overseas shipments of spirits obtained from distilled grape wine or grape marc were finally on the rise to reach X litres for the first time since 2018, thus ending a three-year declining trend. Overall, exports showed a significant expansion. The volume of export peaked at X litres in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, grape wine spirits exports soared to $X in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ghana dominates exports structure, amounting to X litres, which was approx. X% of total exports in 2022. It was distantly followed by Togo (X litres), creating a X% share of total exports. Senegal (X litres) followed a long way behind the leaders.

Exports from Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Togo (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. Ghana (X p.p.) and Togo (X 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 ($X) emerged as the largest grape wine spirits supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with a X% share of total exports.

In Ghana, grape wine spirits exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (X% per year) and Togo (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per litre, shrinking by X% against the previous year. Over the period under review, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per litre, and then dropped dramatically in the following year.

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 ($X per litre), while Ghana ($X per litre) was amongst the lowest.

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

Grape Wine Spirits Imports

Imports in Western Africa

In 2022, the amount of spirits obtained from distilled grape wine or grape marc imported in Western Africa fell remarkably to X litres, with a decrease of X% compared with the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at X litres in 2021, and then reduced markedly in the following year.

In value terms, grape wine spirits imports reached $X in 2022. In general, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Nigeria (X litres) and Ghana (X litres) prevails in imports structure, together creating X% of total imports. The following importers - Sierra Leone (X litres), Cabo Verde (X litres) and Niger (X litres) - each resulted at a X% share of total imports.

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

In value terms, Ghana ($X) constitutes the largest market for imported spirits obtained from distilled grape wine or grape marc in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports. It was followed by Sierra Leone, with a X% share.

In Ghana, grape wine spirits imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Sierra Leone (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per litre in 2022, increasing by X% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per litre in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Sierra Leone ($X per litre), while Niger ($X per litre) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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