Africa: Canary Seed Market 2024

Canary Seed Market Size in Africa

The African canary seed market soared to $X in 2022, surging by 25% against the previous year. Overall, consumption continues to indicate a prominent expansion. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Canary Seed Production in Africa

In value terms, canary seed production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 14% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Egypt (X tons) remains the largest canary seed producing country in Africa, comprising approx. 78% of total volume. Moreover, canary seed production in Egypt exceeded the figures recorded by the second-largest producer, Ghana (X tons), sixfold. Morocco (X tons) ranked third in terms of total production with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Egypt totaled +1.5%. In the other countries, the average annual rates were as follows: Ghana (+1.8% per year) and Morocco (+0.5% per year).

In 2022, the average canary seed yield in Africa totaled X tons per ha, therefore, remained relatively stable against the previous year. The yield figure increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by 11% against the previous year. Over the period under review, the canary seed yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of canary seed were harvested in Africa; remaining relatively unchanged against 2021 figures. Overall, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 6.1%. Over the period under review, the harvested area dedicated to canary seed production attained the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Canary Seed Exports

Exports in Africa

In 2022, approx. X tons of canary seed were exported in Africa; with a decrease of -65.2% on the year before. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, canary seed exports fell significantly to $X in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 149% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt dominates exports structure, finishing at X tons, which was approx. 95% of total exports in 2022. It was distantly followed by South Africa (X tons), comprising a 5.1% share of total exports.

Egypt was also the fastest-growing in terms of the canary seed exports, with a CAGR of -11.3% from 2012 to 2022. South Africa (-11.5%) illustrated a downward trend over the same period. Egypt (+3.1 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, Egypt ($X) remains the largest canary seed supplier in Africa, comprising 95% of total exports. The second position in the ranking was taken by South Africa ($X), with a 5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt amounted to -13.1%.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, falling by -13.5% against the previous year. Overall, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while South Africa stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+0.2%).

Canary Seed Imports

Imports in Africa

Canary seed imports amounted to X tons in 2022, almost unchanged from 2021 figures. Total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% 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 -12.9% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of 58% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, canary seed imports rose remarkably to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.6% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 87% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Algeria (X tons), distantly followed by Tunisia (X tons), Morocco (X tons), Egypt (X tons) and Libya (X tons) were the main importers of canary seed, together creating 95% of total imports. South Africa (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +15.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Algeria ($X) and Egypt ($X) were the countries with the highest levels of imports in 2022, with a combined 74% share of total imports. Tunisia, Libya and South Africa lagged somewhat behind, together comprising a further 24%.

Among the main importing countries, Tunisia, with a CAGR of +19.4%, 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

The import price in Africa stood at $X per ton in 2022, rising by 11% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 19%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 South Africa ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+8.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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