Report Western Africa - Tilapias - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 22, 2022

Western Africa - Tilapias - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Tilapias Market 2022

Tilapias Market Size in Western Africa

After four years of growth, the West African tilapias market decreased by -X% to $X in 2021. The total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Tilapias Production in Western Africa

In value terms, tilapias production shrank to $X in 2021 estimated in export price. The total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2020, and then reduced in the following year.

Tilapias Exports

Exports in Western Africa

Tilapias exports soared to X tons in 2021, rising by X% against the previous year's figure. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, tilapias exports soared to $X in 2021. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Senegal represented the key exporter of tilapias in Western Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2021. It was distantly followed by Mauritania (X tons), generating an X% share of total exports. Cote d'Ivoire (X tons) and Togo (X tons) followed a long way behind the leaders.

Senegal was also the fastest-growing in terms of the tilapias exports, with a CAGR of +X% from 2012 to 2021. Mauritania (-X%), Togo (-X%) and Cote d'Ivoire (-X%) illustrated a downward trend over the same period. While the share of Senegal (+X p.p.) and Togo (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Mauritania (-X p.p.) and Cote d'Ivoire (-X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) remains the largest tilapias supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Mauritania ($X), with an X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

In Senegal, tilapias exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritania (-X% per year) and Cote d'Ivoire (-X% per year).

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, which is down by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the the export prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was Mauritania ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritania (-X%), while the other leaders experienced a decline in the export price figures.

Tilapias Imports

Imports in Western Africa

In 2021, tilapias imports in Western Africa declined notably to X tons, falling by -X% on the previous year. Over the period under review, imports, 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. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, tilapias imports plummeted to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Cote d'Ivoire (X tons) represented the largest importer of tilapias, making up X% of total imports. It was distantly followed by Ghana (X tons) and Benin (X tons), together creating a X% share of total imports. Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to tilapias imports into Cote d'Ivoire stood at +X%. At the same time, Benin (+X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. Ghana experienced a relatively flat trend pattern. By contrast, Nigeria (-X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (+X p.p.) and Benin (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Nigeria (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Cote d'Ivoire, tilapias imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (+X% per year) and Benin (-X% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Nigeria ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for tilapias in Western Africa?
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The country with the largest volume of tilapias consumption was Ghana, accounting for 57% of total volume. Moreover, tilapias consumption in Ghana exceeded the figures recorded by the second-largest consumer, Mali, threefold. The third position in this ranking was taken by Cote d'Ivoire, with a 17% share.
What are the largest producers of tilapias in Western Africa?
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Ghana constituted the country with the largest volume of tilapias production, comprising approx. 67% of total volume. Moreover, tilapias production in Ghana exceeded the figures recorded by the second-largest producer, Mali, threefold. The third position in this ranking was taken by Cote d'Ivoire, with a 3.6% share.
What are the leading exporters of tilapias in Western Africa?
+
In value terms, Senegal remains the largest tilapias supplier in Western Africa, comprising 75% of total exports. The second position in the ranking was held by Mauritania, with an 18% share of total exports. It was followed by Cote d'Ivoire, with a 0.8% share.
What are the leading importers of tilapias in Western Africa?
+
In value terms, Cote d'Ivoire constitutes the largest market for imported tilapias in Western Africa, comprising 74% of total imports. The second position in the ranking was held by Ghana, with a 13% share of total imports. It was followed by Benin, with a 5.3% share.
What is the average export price for tilapias in Western Africa?
+
In 2021, the export price in Western Africa amounted to $621 per ton, declining by -2% against the previous year.
What is the average import price for tilapias in Western Africa?
+
In 2021, the import price in Western Africa amounted to $2,083 per ton, reducing by -9.9% against the previous year.

This report provides an in-depth analysis of the tilapias market in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Western Africa, split by region and country
• Trade (exports and imports) in Western Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Benin
• Burkina Faso
• Cabo Verde
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Niger
• Nigeria
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo
• Cote d'Ivoire
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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