Western Africa: Bread And Bakery Market 2025

Bread And Bakery Market Size in Western Africa

The West African bread and bakery market reached $X in 2022, approximately reflecting the previous year. The market value 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 throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Bread And Bakery Production in Western Africa

In value terms, bread and bakery production totaled $X in 2022 estimated in export price. The total output value 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 throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Bread And Bakery Exports

Exports in Western Africa

In 2022, bread and bakery exports in Western Africa reached X tons, remaining relatively unchanged against the previous year's figure. Over the period under review, exports, however, continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bread and bakery exports fell to $X in 2022. Overall, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Ghana (X tons), Senegal (X tons) and Cote d'Ivoire (X tons) represented the major exporter of bread and bakery in Western Africa, constituting X% of total export. Togo (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible descent. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced mixed trends in the export price figures.

Bread And Bakery Imports

Imports in Western Africa

In 2022, supplies from abroad of bread and bakery increased by X% to X tons, rising for the third consecutive year after two years of decline. Total imports indicated pronounced growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bread and bakery imports reduced to $X in 2022. The total import value 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 growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Nigeria represented the major importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Cote d'Ivoire (X tons), Ghana (X tons), Togo (X tons), Guinea (X tons) and Benin (X tons), together committing a X% share of total imports. Mali (X tons), Burkina Faso (X tons), Gambia (X tons), Mauritania (X tons), Senegal (X tons), Sierra Leone (X tons) and Niger (X tons) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the bread and bakery imports, with a CAGR of X% from 2012 to 2022. At the same time, Gambia (X%), Benin (X%), Togo (X%), Cote d'Ivoire (X%), Guinea (X%), Senegal (X%) and Sierra Leone (X%) displayed positive paces of growth. Niger experienced a relatively flat trend pattern. By contrast, Mali (X%), Burkina Faso (X%), Mauritania (X%) and Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, Togo, Gambia and Benin increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Nigeria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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

In 2022, the import price in Western Africa amounted to $X per ton, dropping by X% against the previous year. In general, the import price showed a noticeable setback. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then reduced markedly in the following year.

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 Mali ($X per ton), while Togo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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