World - Fonio - Market Analysis, Forecast, Size, Trends and Insights
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Fonio market: find new info secured by an Ai-driven market research platform. Information cover consumption, production, trade, companies, market size, exports, market prices, and imports. Here is a split by region, including Africa, the Middle East, Latin America, the U.K., the U.S., EU, Russia, and China. Market insights and outlook to 2030 are also provided in the snapshots.
Fonio - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Guinea |
| 2 | Mali |
| 3 | Nigeria |
| 4 | Cote d'Ivoire |
In value terms, Guinea led the market, alone. The second position in the ranking was occupied by Mali. It was followed by Nigeria.
From 2019 to 2021, the average annual growth rate of value in Guinea amounted to +7.4%. In the other countries, the average annual rates were as follows: Mali (+6.1% per year) and Nigeria (+5.5% per year).
Fonio Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Hungary | 361 | 1000 | 361 | 0.0% |
| Togo | n/a | n/a | 369 | 0.0% |
| France | 1658 | 1685 | 764 | -32.1% |
| United Arab Emirates | 4537 | 872 | 837 | -57.0% |
| Guinea | 1265 | 1606 | 1541 | 10.4% |
| Belgium | 7085 | 2856 | 1647 | -51.8% |
| Burkina Faso | 1501 | 1927 | 1696 | 6.3% |
| Senegal | 1851 | 2958 | 2473 | 15.6% |
| Spain | 2583 | 2603 | 2498 | -1.7% |
| Italy | 2992 | 5533 | 4588 | 23.8% |
| Netherlands | 3415 | 7381 | 4613 | 16.2% |
| Mali | 4822 | 6398 | 5563 | 7.4% |
| Average | 1833 | 2619 | 1944 | 3.0% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Mali ($5,563 per ton), while Hungary ($361 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Netherlands | 1486 | 2570 | 2996 | 42.0% |
| Italy | 2701 | 2351 | 2781 | 1.5% |
| United States | 1673 | 1653 | 1955 | 8.1% |
| Belgium | 5309 | 2019 | 1095 | -54.6% |
| France | 804 | 484 | 626 | -11.8% |
| Romania | 361 | 347 | 360 | -0.1% |
| Congo | 327 | 326 | 327 | 0.0% |
| Average | 1067 | 1324 | 1309 | 10.8% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($2,996 per ton), while Congo ($327 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Fonio - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| thousand USD | ||||
| United States | 59 | 366 | 403 | 161.5% |
| France | 136 | 79 | 212 | 25.1% |
| Netherlands | 20 | 169 | 176 | 194.1% |
| Italy | 8.1 | 18 | 93 | 237.9% |
| Congo | 50 | 39 | 44 | -5.6% |
In value terms, the United States ($403K), France ($212K) and the Netherlands ($176K) constituted the countries with the highest levels of imports in 2021, with a combined 69% share of global imports. These countries were followed by Italy, Congo, Belgium and Romania, which together accounted for a further 15%.
Italy (+237.9% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Fonio - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| thousand USD | ||||
| Netherlands | 24 | 29 | 120 | 122.6% |
| Burkina Faso | 60 | 65 | 62 | 2.1% |
| Guinea | 32 | 92 | 62 | 40.0% |
| Mali | 56 | 66 | 61 | 4.4% |
| Belgium | 13 | 28 | 23 | 31.8% |
In value terms, the largest fonio supplying countries worldwide were the Netherlands ($120K), Burkina Faso ($62K) and Guinea ($62K), together comprising 51% of global exports.
Among the main exporting countries, the Netherlands (+122.6% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Fonio - Market Forecast
Driven by increasing demand for fonio worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Fonio - Top Companies
NUGRAIN PTY LTD, Tianye (Fogang) Leisure Agriculture and Husbandry Co., Ltd., CBH GRAIN PTY LTD, Cooperativa Agrária Agroindustrial, ADM TRADING AUSTRALIA PTY LTD, Zhongnongfa Seed Industry Group Co., Ltd., Yuan Longping High-tech Agriculture Co., Ltd., Heilongjiang Agriculture Company Limited, LIMAGRAIN EUROPE, Grupo Universal S A, Roland Mills United GmbH & Co. KG, LACPATRICK DAIRIES LIMITED, Hefei Fengle Seed.Co., Ltd., LATRAPS KS, LIMAGRAIN, RAIZ-MAKSYMKO, PRAT, ARENTO GRUPO COOPERATIVO AGROALIMENTARIO DE ARAGON S.COOP, SAATBAU LINZ eGen, Vilshanski Produkty, TOV, ZERNOPRODUKT MKHP, PRAT
Fonio - Product Coverage
- HS 100840 - Cereals; fonio (Digitaria spp.)
This report provides an in-depth analysis of the global fonio market. 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:
- FCL 94 - Fonio
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
2311
This report provides an in-depth analysis of the global fonio market.
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3459
Fonio is consumed mainly in the West African countries, where it is also cultivated. The global fonio market showed steady growth, rising from X tons in 2007, to X tons in 2016. Annual rates of growth stood at +X% in physical terms.
1382
Global fonio consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
2662
In 2015, the country with the largest volume of the fonio output was Guinea (X thousand tons), accounting for X% of global production.
1277
Despite a rocky 2014, Belgium continued to lead the way in the global fonio trade. In 2014, Belgium exported X tons of fonio totaling X thousand USD, X% under the previous year. Its primary trading partner was the Netherlands, where it suppl
1478
Global triticale consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2447
Global triticale exports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
1368
Global triticale imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1634
In 2015, the countries with the highest levels of triticale production were Poland (X thousand tons), Germany (X thousand tons), Belarus (X thousand tons), together accounting for X% of total output.
1528
Poland dominates in the global triticale trade. In 2014, Poland exported X thousand tons of triticale totaling X million USD, twice over the previous year. Its primary trading partner was Germany, where it supplied X% of its total triticale expor
5284
Global millet consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
