Mali: Cereals Market 2020

Cereals Market Size in Mali

The revenue of the cereals market in Mali amounted to $X in 2018, increasing by X% against the previous year. Overall, the total market indicated a resilient expansion 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, cereals consumption increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Mali cereals consumption peaked in 2018 and is likely to continue its growth in the near future.

Cereals Production in Mali

In value terms, cereals production totaled $X in 2018 estimated in export prices. Overall, cereals production continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2008 when production volume increased by X% year-to-year. Over the period under review, cereals production reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Average yield of cereals in Mali stood at X ton per ha in 2018, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. The global cereals yield peaked at X ton per ha in 2009; however, from 2010 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of cereals production in Mali totaled X ha, surging by X% against the previous year. In general, the total harvested area indicated buoyant growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cereals harvested area increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2011 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to cereals production reached its peak figure in 2018 and is expected to retain its growth in the near future.

Cereals Exports

Exports from Mali

In 2018, approx. X tons of cereals were exported from Mali; surging by X% against the previous year. Overall, cereals exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Mali exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, cereals exports stood at $X in 2018. Over the period under review, cereals exports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Mali exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

The U.S. represented the key exporting country with an export of about X tons, which accounted for X% of total exports. Argentina (X tons) ranks second in terms of the total exports with a X% share, followed by Ukraine (X%), Brazil (X%), France (X%), Australia (X%), Russia (X%) and Canada (X%). The following exporters - Romania (X tons), Germany (X tons), Hungary (X tons) and Kazakhstan (X tons) - together made up X% of total exports.

The U.S. experienced a relatively flat trend pattern of cereals exports. At the same time, Ukraine (+X%), Romania (+X%), Brazil (+X%), Australia (+X%), Argentina (+X%), Russia (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. France, Hungary and Kazakhstan experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Ukraine, Brazil, Australia, Argentina, Romania and Russia increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest cereals supplier from Mali, comprising X% of global exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

In the U.S., cereals exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Ukraine (+X% per year) and Argentina (+X% per year).

Export Prices by Country

In 2018, the cereals export price in Mali amounted to $X per ton, approximately mirroring the previous year. In general, the export price indicated a strong increase from 2007 to 2018: its price 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, cereals export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the export price increased by X% y-o-y. Over the period under review, the export prices for cereals reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per ton), while Brazil ($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 U.S., while the other leaders experienced mixed trends in the export price figures.

Cereals Imports

Imports into Mali

In 2018, the amount of cereals imported into Mali totaled X tons, increasing by X% against the previous year. In general, cereals imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, cereals imports reached their peak figure at X tons in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, cereals imports amounted to $X in 2018. In general, cereals imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, cereals imports reached their peak figure at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Japan (X tons), Mexico (X tons), Egypt (X tons), Spain (X tons), Vietnam (X tons), South Korea (X tons), Indonesia (X tons), Italy (X tons), Algeria (X tons), China (X tons), the Netherlands (X tons) and Bangladesh (X tons) were the largest importers of cereals in the world, constituting 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 Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Japan ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Italy, Spain, South Korea, Vietnam, Indonesia, Algeria, the Netherlands, China, Bangladesh and Mali, which together accounted for a further X terms of the main importing countries, Vietnam recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cereals import price in Mali amounted to $X per ton, surging by X% against the previous year. Over the period under review, the cereals import price, however, continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Mali import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Italy ($X per ton) and the Netherlands ($X per ton), while Bangladesh ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform