ECOWAS: Pasta Products Market 2025

Pasta Products Market Size in ECOWAS

In 2022, the ECOWAS pasta products market increased by 24% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a remarkable increase. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Pasta Products Production in ECOWAS

In value terms, pasta products production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Pasta Products Exports

Exports in ECOWAS

After ten years of growth, overseas shipments of dried, undried and frozen pasta and pasta products decreased by -89.1% to X tons in 2022. Over the period under review, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of 95%. The volume of export peaked at X tons in 2021, and then fell notably in the following year.

In value terms, pasta products exports fell markedly to $X in 2022. Overall, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2015 when exports increased by 107% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Togo (X tons) and Niger (X tons) represented the major exporters of dried, undried and frozen pasta and pasta products in 2022, resulting at near 40% and 33% of total exports, respectively. Benin (X tons) ranks next in terms of the total exports with a 12% share, followed by Ghana (8%). Nigeria (X tons) and Senegal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +59.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest pasta products supplying countries in ECOWAS were Ghana ($X), Niger ($X) and Togo ($X), with a combined 69% share of total exports.

Among the main exporting countries, Togo, with a CAGR of +47.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, picking up by 4.8% against the previous year. Overall, the export price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by 8.2%. Over the period under review, the export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Ghana ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+4.1%), while the other leaders experienced more modest paces of growth.

Pasta Products Imports

Imports in ECOWAS

Pasta products imports stood at X tons in 2022, flattening at the year before. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 81% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, pasta products imports rose slightly to $X in 2022. In general, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 124%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Togo represented the key importing country with an import of about X tons, which accounted for 49% of total imports. Niger (X tons) held a 29% share (based on physical terms) of total imports, which put it in second place, followed by Senegal (5.7%), Burkina Faso (5.2%) and Mali (4.6%). Ghana (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Senegal (with a CAGR of +39.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pasta products importing markets in ECOWAS were Togo ($X), Niger ($X) and Ghana ($X), together accounting for 77% of total imports. Senegal, Burkina Faso and Mali lagged somewhat behind, together accounting for a further 16%.

Senegal, with a CAGR of +31.8%, saw the highest growth rate of the value of imports, among 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 ton, with an increase of 2.4% against the previous year. Overall, the import price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+14.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform