ECOWAS: Food Mixer Market 2025

Food Mixer Market Size in ECOWAS

The ECOWAS food mixer market was estimated at $X in 2022, stabilizing at the previous year. In general, consumption, however, recorded a buoyant expansion. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Food Mixer Production in ECOWAS

In value terms, food mixer production totaled $X in 2022 estimated in export price. In general, production posted strong growth. The growth pace was the most rapid in 2020 when the production volume increased by 57% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Food Mixer Exports

Exports in ECOWAS

Food mixer exports expanded rapidly to X units in 2022, picking up by 9.9% compared with 2021. Overall, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2019 when exports increased by 1,207%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, food mixer exports shrank modestly to $X in 2022. Over the period under review, exports, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2019 when exports increased by 1,446%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Sierra Leone (X units) represented the major exporter of domestic food grinders and mixers and fruit or vegetable juice extractors, creating 50% of total exports. Togo (X units) held the second position in the ranking, distantly followed by Nigeria (X units). All these countries together took approx. 46% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Togo (with a CAGR of +55.8%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Sierra Leone ($X) remains the largest food mixer supplier in ECOWAS, comprising 67% of total exports. The second position in the ranking was held by Togo ($X), with a 22% share of total exports.

In Sierra Leone, food mixer exports shrank by an average annual rate of -8.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Togo (+61.6% per year) and Nigeria (+39.5% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, reducing by -13.4% against the previous year. In general, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when the export price increased by 68% against the previous year. The level of export peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sierra Leone (+9.4%), while the other leaders experienced more modest paces of growth.

Food Mixer Imports

Imports in ECOWAS

In 2022, after five years of growth, there was significant decline in overseas purchases of domestic food grinders and mixers and fruit or vegetable juice extractors, when their volume decreased by -11% to X units. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 127% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then shrank in the following year.

In value terms, food mixer imports shrank to $X in 2022. In general, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2019 when imports increased by 57%. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Ghana (X units) was the key importer of domestic food grinders and mixers and fruit or vegetable juice extractors, generating 72% of total imports. Nigeria (X units) ranks second in terms of the total imports with an 11% share, followed by Cote d'Ivoire (8.2%). Guinea (X units) took a relatively small share of total imports.

Imports into Ghana increased at an average annual rate of +16.4% from 2012 to 2022. At the same time, Guinea (+35.9%) and Cote d'Ivoire (+26.6%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +35.9% from 2012-2022. Nigeria experienced a relatively flat trend pattern. From 2012 to 2022, the share of Ghana, Cote d'Ivoire and Guinea increased by +19, +5.6 and +2.3 percentage points, respectively.

In value terms, the largest food mixer importing markets in ECOWAS were Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X), with a combined 90% share of total imports. These countries were followed by Guinea, which accounted for a further 1.9%.

Guinea, with a CAGR of +27.9%, saw 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per unit, growing by 2.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 19% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the import prices failed to regain momentum.

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 Nigeria ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+8.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform