ECOWAS: Vegetable Market 2025

Vegetable Market Size in ECOWAS

The ECOWAS vegetable market reached $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Vegetable Production in ECOWAS

In value terms, vegetable production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Nigeria (X tons) remains the largest vegetable producing country in ECOWAS, comprising approx. X% of total volume. Moreover, vegetable production in Nigeria exceeded the figures recorded by the second-largest producer, Niger (X tons), fourfold. Senegal (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Nigeria stood at X%. The remaining producing countries recorded the following average annual rates of production growth: Niger (X% per year) and Senegal (X% per year).

The average vegetable yield rose modestly to X tons per ha in 2022, picking up by X% on 2021. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by X% against the previous year. Over the period under review, the vegetable yield hit record highs at X tons per ha in 2015; however, from 2016 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of vegetables production in ECOWAS shrank slightly to X ha, remaining constant against 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of harvested area peaked at X ha in 2021, and then shrank slightly in the following year.

Vegetable Exports

Exports in ECOWAS

In 2022, approx. X tons of vegetables were exported in ECOWAS; picking up by X% compared with the previous year's figure. Overall, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vegetable exports declined significantly to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then declined sharply in the following year.

Exports by Country

Niger represented the main exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Senegal (X tons), making up a X% share of total exports. The following exporters - Burkina Faso (X tons), Cote d'Ivoire (X tons) and Mali (X tons) - together made up X% of total exports.

Exports from Niger increased at an average annual rate of X% from 2012 to 2022. At the same time, Mali (X%), Cote d'Ivoire (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Burkina Faso (X%) illustrated a downward trend over the same period. Niger (X p.p.) significantly strengthened its position in terms of the total exports, while Senegal and Burkina Faso saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) remains the largest vegetable supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Niger ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Senegal amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Niger (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Niger ($X per ton) was amongst the lowest.

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

Vegetable Imports

Imports in ECOWAS

In 2022, the amount of vegetables imported in ECOWAS expanded rapidly to X tons, with an increase of X% on the previous year. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, vegetable imports expanded rapidly to $X in 2022. Overall, imports saw a strong increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Cote d'Ivoire (X tons), distantly followed by Senegal (X tons), Guinea (X tons), Mali (X tons), Ghana (X tons) and Nigeria (X tons) represented the main importers of vegetables, together comprising X% of total imports. Sierra Leone (X tons) followed a long way behind the leaders.

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

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Senegal ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in ECOWAS stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat 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 Nigeria ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform