Burkina Faso: Meat And Poultry Market 2020

Meat And Poultry Market Size in Burkina Faso

The revenue of the meat and poultry market in Burkina Faso amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the meat and poultry market reached its peak figure level at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Meat And Poultry Production in Burkina Faso

In value terms, meat and poultry production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a measured increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat and poultry production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Burkina Faso meat and poultry production peaked at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of meat and poultry in Burkina Faso stood at X ton per head, approximately equating the previous year. Overall, the meat and poultry yield continues to indicate a slight deduction. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. The global meat and poultry yield peaked at X ton per head in 2013; however, from 2014 to 2018, yield failed to regain its momentum.

In 2018, the number of animals slaughtered for meat and poultry production in Burkina Faso stood at X heads, remaining stable against the previous year. Overall, the number of animals slaughtered for meat and poultry production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. In that year, this number reached its peak level of X heads. From 2015 to 2018, the growth of this number failed to regain its momentum.

Meat And Poultry Exports

Exports from Burkina Faso

In 2018, the exports of meat and poultry from Burkina Faso amounted to X tons, dropping by -X% against the previous year. Over the period under review, meat and poultry exports continue to indicate a drastic reduction. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. In that year, meat and poultry exports attained their peak of X tons. From 2017 to 2018, the growth of meat and poultry exports remained at a somewhat lower figure.

In value terms, meat and poultry exports totaled $X in 2018. Over the period under review, meat and poultry exports continue to indicate a sharp drop. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. In that year, meat and poultry exports attained their peak of $X. From 2017 to 2018, the growth of meat and poultry exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X tons) and Brazil (X tons) represented roughly X% of total exports of meat and poultry in 2018. The Netherlands (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Germany (X%), Poland (X%) and Spain (X%). Australia (X tons), Belgium (X tons), Denmark (X tons), Canada (X tons), India (X tons) and France (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry markets from Burkina Faso were the U.S. ($X), Brazil ($X) and Australia ($X), together comprising X% of total exports. The Netherlands, Germany, Poland, Spain, Canada, India, Belgium, Denmark, France and Burkina Faso lagged somewhat behind, together accounting for a further X terms of the main exporting countries, India recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat and poultry export price in Burkina Faso stood at $X per ton in 2018, waning by -X% against the previous year. Overall, the meat and poultry export price continues to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices for meat and poultry reached their maximum at $X per ton in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Burkina Faso

Meat and poultry imports into Burkina Faso totaled X tons in 2018, picking up by X% against the previous year. Overall, the total imports indicated a buoyant expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Burkina Faso imports peaked at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, meat and poultry imports totaled $X in 2018. Over the period under review, meat and poultry imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, meat and poultry imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons), Japan (X tons), Germany (X tons), Mexico (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Italy (X tons), Vietnam (X tons), the UK (X tons), the Netherlands (X tons), France (X tons) and South Korea (X tons) were the key importers of meat and poultry in the world, achieving X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the U.S. ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Germany, South Korea, Italy, China, Hong Kong SAR, the UK, France, the Netherlands, Mexico, Vietnam and Burkina Faso, which together accounted for a further X the main importing countries, Vietnam experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat and poultry import price in Burkina Faso amounted to $X per ton, reducing by -X% against the previous year. Overall, the meat and poultry import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the import prices for meat and poultry reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform