Western Africa: Sweet Potato Market 2024

Sweet Potato Market Size in Western Africa

The West African sweet potato market totaled $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Sweet Potato Production in Western Africa

In value terms, sweet potato production reached $X in 2022 estimated in export price. The total production indicated a buoyant 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 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Nigeria (X tons) remains the largest sweet potato producing country in Western Africa, accounting for X% of total volume. Moreover, sweet potato production in Nigeria exceeded the figures recorded by the second-largest producer, Mali (X tons), ninefold. Guinea (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Nigeria totaled X%. In the other countries, the average annual rates were as follows: Mali (X% per year) and Guinea (X% per year).

The average sweet potato yield contracted modestly to X tons per ha in 2022, approximately mirroring 2021. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the sweet potato yield reached the maximum level at X tons per ha in 2021, and then reduced slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of sweet potatoes in Western Africa reached X ha, flattening at 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to sweet potato production reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Sweet Potato Exports

Exports in Western Africa

In 2022, overseas shipments of sweet potatoes decreased by X% to X tons, falling for the sixth consecutive year after three years of growth. In general, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, sweet potato exports contracted rapidly to $X in 2022. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ghana represented the major exporter of sweet potatoes in Western Africa, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Senegal (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Cote d'Ivoire (X%) and Nigeria (X%).

Exports from Ghana decreased at an average annual rate of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Senegal (X%) and Nigeria (X%) illustrated a downward trend over the same period. Ghana (X p.p.), Cote d'Ivoire (X p.p.) and Senegal (X p.p.) significantly strengthened its position in terms of the total exports, while Nigeria saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Ghana ($X) remains the largest sweet potato supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

In Ghana, sweet potato exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Nigeria (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, stabilizing at the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 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 Ghana ($X per ton), while Cote d'Ivoire ($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 a decline in the export price figures.

Sweet Potato Imports

Imports in Western Africa

In 2022, the amount of sweet potatoes imported in Western Africa reached X tons, picking up by X% compared with the previous year's figure. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, sweet potato imports skyrocketed to $X in 2022. Overall, imports showed a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Mauritania prevails in imports structure, recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Togo (X tons), mixing up a X% share of total imports. The following importers - Cote d'Ivoire (X tons) and Gambia (X tons) - together made up X% of total imports.

Mauritania was also the fastest-growing in terms of the sweet potatoes imports, with a CAGR of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%) and Gambia (X%) displayed positive paces of growth. Togo experienced a relatively flat trend pattern. While the share of Mauritania (X p.p.), Togo (X p.p.) and Cote d'Ivoire (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Gambia (X p.p.) displayed negative dynamics.

In value terms, Mauritania ($X) constitutes the largest market for imported sweet potatoes in Western Africa, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Togo, with a X% share.

In Mauritania, sweet potato 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: Cote d'Ivoire (X% per year) and Togo (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2016 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 Gambia ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform