ECOWAS: Frozen Pork Carcase Market 2025

Frozen Pork Carcase Market Size in ECOWAS

In 2022, after three years of growth, there was decline in the ECOWAS frozen pork carcase market, when its value decreased by -1.2% to $X. Overall, consumption, however, recorded a slight reduction. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Frozen Pork Carcase Production in ECOWAS

In value terms, frozen pork carcase production dropped rapidly to $X in 2022 estimated in export price. In general, production posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 4,603%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

The country with the largest volume of frozen pork carcase production was Senegal (X tons), accounting for 99% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Senegal amounted to +2.8%.

Frozen Pork Carcase Exports

Exports in ECOWAS

In 2022, exports of frozen carcases of pig meat in ECOWAS contracted remarkably to X kg, declining by -34.5% compared with 2021 figures. In general, exports saw a pronounced setback. The pace of growth was the most pronounced in 2019 with an increase of 706%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen pork carcase exports dropped rapidly to $X in 2022. Overall, exports showed a mild setback. The pace of growth was the most pronounced in 2019 when exports increased by 386% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Cote d'Ivoire (X kg), together recording 100% of total export.

Cote d'Ivoire was also the fastest-growing in terms of the frozen carcases of pig meat exports, with a CAGR of +41.5% from 2012 to 2022. From 2012 to 2022, the share of Cote d'Ivoire increased by +99 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) also remains the largest frozen pork carcase supplier in ECOWAS.

From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire totaled +25.1%.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, which is down by -14.3% against the previous year. Over the period under review, the export price, however, saw a measured increase. The most prominent rate of growth was recorded in 2016 an increase of 275%. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -11.6% per year.

Frozen Pork Carcase Imports

Imports in ECOWAS

In 2022, approx. X tons of frozen carcases of pig meat were imported in ECOWAS; standing approx. at the previous year. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 213%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen pork carcase imports shrank modestly to $X in 2022. In general, imports, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2019 with an increase of 122%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Cote d'Ivoire represented the key importing country with an import of around X tons, which accounted for 68% of total imports. Liberia (X tons) held a 19% share (based on physical terms) of total imports, which put it in second place, followed by Ghana (11%). Mali (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to frozen pork carcase imports into Cote d'Ivoire stood at -1.6%. At the same time, Liberia (+22.6%) and Ghana (+15.9%) displayed positive paces of growth. Moreover, Liberia emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +22.6% from 2012-2022. By contrast, Mali (-12.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Liberia and Ghana increased by +16 and +8.2 percentage points, respectively.

In value terms, Cote d'Ivoire ($X) constitutes the largest market for imported frozen carcases of pig meat in ECOWAS, comprising 61% of total imports. The second position in the ranking was held by Liberia ($X), with an 18% share of total imports. It was followed by Ghana, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire totaled -2.6%. In the other countries, the average annual rates were as follows: Liberia (+22.1% per year) and Ghana (+6.7% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, with a decrease of -5.3% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in 2018 an increase of 41% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the 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 Mali ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mali (+1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform