Western Africa: Almond Market 2025

Almond Market Size in Western Africa

The West African almond market amounted to $X in 2021, increasing by 3.2% against the previous year. Over the period under review, consumption, however, enjoyed a buoyant increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Almond Production in Western Africa

In value terms, almond production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 22%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

The country with the largest volume of almond production was Benin (X tons), comprising approx. 91% of total volume. Moreover, almond production in Benin exceeded the figures recorded by the second-largest producer, Burkina Faso (X tons), more than tenfold.

In Benin, almond production expanded at an average annual rate of +2.3% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Burkina Faso (+4.6% per year) and Cote d'Ivoire (+1.2% per year).

The average almond yield contracted to X tons per ha in 2021, which is down by -4.2% against the previous year. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 8.8% against the previous year. The level of yield peaked at X tons per ha in 2013; however, from 2014 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of almonds production in Western Africa was estimated at X ha, picking up by 3.3% against the previous year. The harvested area increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 16%. As a result, the harvested area attained the peak level of X ha. From 2019 to 2021, the growth of the almond harvested area failed to regain momentum.

Almond Exports

Exports in Western Africa

In 2021, approx. X tons of almonds were exported in Western Africa; declining by -40.6% compared with the previous year. In general, exports saw a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 86% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, almond exports reduced to $X in 2021. Overall, exports faced a sharp decrease. The pace of growth was the most pronounced in 2013 when exports increased by 64% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Mali represented the main exporting country with an export of around X tons, which reached 71% of total exports. Nigeria (X tons) held a 13% share (based on physical terms) of total exports, which put it in second place, followed by Benin (9.4%). Gambia (X tons) followed a long way behind the leaders.

Exports from Mali decreased at an average annual rate of -16.9% from 2012 to 2021. At the same time, Nigeria (+36.0%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +36.0% from 2012-2021. By contrast, Gambia (-12.0%) and Benin (-62.5%) illustrated a downward trend over the same period. While the share of Mali (+71 p.p.), Nigeria (+13 p.p.) and Gambia (+4.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Benin (-90 p.p.) displayed negative dynamics.

In value terms, Mali ($X) remains the largest almond supplier in Western Africa, comprising 89% of total exports. The second position in the ranking was held by Gambia ($X), with a 5.6% share of total exports. It was followed by Nigeria, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value in Mali stood at -14.7%. In the other countries, the average annual rates were as follows: Gambia (-9.7% per year) and Nigeria (+21.8% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, rising by 46% against the previous year. Over the period under review, the export price recorded a significant expansion. The growth pace was the most rapid in 2019 when the export price increased by 907%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Mali ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mali (+2.6%), while the other leaders experienced mixed trends in the export price figures.

Almond Imports

Imports in Western Africa

For the fourth consecutive year, Western Africa recorded growth in overseas purchases of almonds, which increased by 269% to X tons in 2021. Overall, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, almond imports surged to $X in 2021. In general, imports recorded a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria dominates imports structure, resulting at X tons, which was approx. 87% of total imports in 2021. It was distantly followed by Mali (X tons), achieving a 6.9% share of total imports. The following importers - Cote d'Ivoire (X tons) and Senegal (X tons) - each reached a 3.4% share of total imports.

Imports into Nigeria increased at an average annual rate of +29.5% from 2012 to 2021. At the same time, Mali (+49.7%), Senegal (+14.8%) and Cote d'Ivoire (+11.1%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +49.7% from 2012-2021. Nigeria (+51 p.p.) and Mali (+6.2 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported almonds in Western Africa, comprising 64% of total imports. The second position in the ranking was held by Mali ($X), with a 14% share of total imports. It was followed by Cote d'Ivoire, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria amounted to +2.1%. The remaining importing countries recorded the following average annual rates of imports growth: Mali (+40.8% per year) and Cote d'Ivoire (+10.0% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, declining by -24% against the previous year. In general, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2015 when the import price increased by 77%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Cote d'Ivoire ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (-1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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