Togo: Pork Market 2020

Pork Market Size in Togo

The revenue of the pork market in Togo amounted to $X in 2018, approximately reflecting the previous year. In general, pork consumption continues to indicate a modest increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Togo pork consumption peaked at $X in 2010; however, from 2011 to 2018, consumption remained at a lower figure.

Pork Production in Togo

In value terms, pork production totaled $X in 2018 estimated in export prices. Over the period under review, pork production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Togo pork production peaked at $X in 2010; however, from 2011 to 2018, production stood at a somewhat lower figure.

Pork Exports

Exports from Togo

In 2018, the pork exports from Togo totaled X kg, remaining relatively unchanged against the previous year. Over the period under review, pork exports continue to indicate prominent growth. Togo exports peaked at X kg in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, pork exports totaled $X in 2018. In general, pork exports continue to indicate a tangible expansion. Over the period under review, pork exports attained their maximum at $X in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The exports of the ten major exporters of pork, namely the U.S., Germany, Spain, Denmark, Canada, the Netherlands, Belgium, Brazil, Poland and France, represented more than two-thirds of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Denmark, Canada, the Netherlands, Brazil, Belgium, Poland and France, which together accounted for a further X the main exporting countries, Poland recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the pork export price in Togo amounted to $X per ton, remaining stable against the previous year. Over the period under review, the pork export price continues to indicate an abrupt setback. Over the period under review, the export prices for pork attained their peak figure at $X per ton in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Brazil ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Pork Imports

Imports into Togo

In 2018, approx. X tons of pork were imported into Togo; increasing by X% against the previous year. In general, pork imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Togo imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, pork imports totaled $X in 2018. Over the period under review, pork imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Togo imports peaked at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

The imports of the six major importers of pork, namely China, Japan, Italy, Germany, Mexico and Poland, represented more than third of total import. South Korea (X tons), the UK (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Russia (X tons) and France (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported pork into Togo, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Japan amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2018, the pork import price in Togo amounted to $X per ton, surging by X% against the previous year. Over the period under review, the pork import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the import price increased by X% y-o-y. In that year, the import prices for pork attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the import prices for pork failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Mexico ($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, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform