Western Africa: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Western Africa

The West African tomato ketchup market expanded slightly to $X in 2022, picking up by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Tomato Ketchup Production in Western Africa

In value terms, tomato ketchup production expanded to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Tomato Ketchup Exports

Exports in Western Africa

In 2022, tomato ketchup exports in Western Africa stood at X tons, with an increase of X% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, tomato ketchup exports rose rapidly to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. Cote d'Ivoire (X tons) took the second position in the ranking, followed by Liberia (X tons). All these countries together took approx. X% share of total exports. Togo (X tons) and Ghana (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to tomato ketchup exports from Senegal stood at X%. At the same time, Liberia (X%), Ghana (X%), Cote d'Ivoire (X%) and Togo (X%) displayed positive paces of growth. Moreover, Liberia emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. While the share of Senegal (X p.p.) and Liberia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Togo (X p.p.) and Cote d'Ivoire (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Senegal totaled X%. In the other countries, the average annual rates were as follows: Togo (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, declining by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price 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, tomato ketchup export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced more modest paces of growth.

Tomato Ketchup Imports

Imports in Western Africa

In 2022, after two years of decline, there was growth in supplies from abroad of tomato ketchup and tomato sauces, when their volume increased by X% to X tons. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tomato ketchup imports rose slightly to $X in 2022. Total imports indicated strong growth 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, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Ghana represented the key importer of tomato ketchup and tomato sauces in Western Africa, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Sierra Leone (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Guinea (X%), Gambia (X%) and Liberia (X%). The following importers - Cote d'Ivoire (X tons) and Senegal (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to tomato ketchup imports into Ghana stood at X%. At the same time, Guinea (X%), Liberia (X%), Gambia (X%), Sierra Leone (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Senegal (X%) illustrated a downward trend over the same period. Ghana (X p.p.), Guinea (X p.p.), Liberia (X p.p.) and Gambia (X p.p.) significantly strengthened its position in terms of the total imports, while Senegal saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tomato ketchup importing markets in Western Africa were Ghana ($X), Sierra Leone ($X) and Guinea ($X), together accounting for X% of total imports.

Among the main importing countries, Guinea, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, flattening at the previous year. Over the period under review, the import price saw a slight slump. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, 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 Senegal (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :