Gambia: Millet Market 2020

Millet Market Size in Gambia

The revenue of the millet market in Gambia amounted to $X in 2018, standing approx. at the previous year. In general, the total market indicated a slight increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, millet consumption decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, the millet market attained its peak level of $X. From 2013 to 2018, the growth of the millet market remained at a lower figure.

Millet Production in Gambia

In value terms, millet production stood at $X in 2018 estimated in export prices. In general, millet production continues to indicate a measured expansion. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, millet production reached its maximum level at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

In 2018, the average millet yield in Gambia totaled X kg per ha, leveling off at the previous year. Overall, the millet yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when yield increased by X% year-to-year. The global millet yield peaked at X ton per ha in 2010; however, from 2011 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of millet were harvested in Gambia; standing approx. at the previous year. In general, the millet harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to millet production attained its peak figure at X ha in 2010; however, from 2011 to 2018, harvested area stood at a somewhat lower figure.

Millet Exports

Exports from Gambia

In 2018, approx. X tons of millet were exported from Gambia; growing by X% against the previous year. In general, millet exports continue to indicate resilient growth. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, millet exports attained their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, millet exports amounted to $X in 2018. Overall, millet exports continue to indicate a drastic slump. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, millet exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of millet exports in 2018 were India (X tons), Ukraine (X tons) and the U.S. (X tons), together reaching X% of total export. Russia (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by China (X%) and France (X%). Austria (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 Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, the largest millet markets from Gambia were India ($X), Ukraine ($X) and China ($X), with a combined X% share of total exports.

Among the main exporting countries, Ukraine experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The millet export price in Gambia stood at $X per ton in 2018, standing approx. at the previous year. In general, the millet export price continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. In that year, the export prices for millet attained their peak level of $X per ton. From 2014 to 2018, the growth in terms of the export prices for millet remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per ton), while Russia ($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, while the other leaders experienced more modest paces of growth.

Millet Imports

Imports by Country

The countries with the highest levels of millet imports in 2018 were Belgium (X tons), Indonesia (X tons), the United Arab Emirates (X tons), Germany (X tons), Spain (X tons), the UK (X tons), Saudi Arabia (X tons), Pakistan (X tons), Italy (X tons), Canada (X tons), Poland (X tons) and the Netherlands (X tons), together resulting at 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by the UK, the United Arab Emirates, the Netherlands, Canada, Spain, Pakistan, Italy, Saudi Arabia and Poland, which together accounted for a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the millet import price in Gambia amounted to $X per ton, approximately equating the previous year. Over the period under review, the millet import price continues to indicate a relatively flat trend pattern.

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

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

Source: IndexBox Platform