Report Update Jan 1, 2025

Western Africa - Chicory - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Chicory Market 2025

Chicory Market Size in Western Africa

The West African chicory market amounted to $X in 2021, standing approx. at the previous year. Overall, consumption, however, showed slight growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Chicory Production in Western Africa

In value terms, chicory production expanded rapidly to $X in 2021 estimated in export price. Overall, production saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 24%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2021 were Ghana (X kg), Nigeria (X kg) and Senegal (X kg), together comprising 97% of total production.

From 2012 to 2021, the biggest increases were in Nigeria (with a CAGR of +2.2%), while production for the other leaders experienced more modest paces of growth.

Chicory Exports

Exports in Western Africa

In 2021, overseas shipments of chicory decreased by 0% to X kg for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports recorded a significant contraction. The growth pace was the most rapid in 2015 when exports increased by 235% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, chicory exports totaled $X in 2021. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 171% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, with an increase of 1,347% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2018 an increase of 1,347% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Benin.

From 2012 to 2021, the rate of growth in terms of prices for Benin amounted to 0.0% per year.

Chicory Imports

Imports in Western Africa

In 2019, approx. X tons of chicory were imported in Western Africa; increasing by 26,150% against the previous year's figure. In general, imports continue to indicate a significant increase. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, chicory imports soared to $X in 2019. Over the period under review, imports enjoyed significant growth. The level of import peaked at $X in 2016; however, from 2017 to 2019, imports failed to regain momentum.

Imports by Country

Benin dominates imports structure, reaching X tons, which was approx. 96% of total imports in 2019. The following importers - Cabo Verde (X kg) and Liberia (X kg) - each accounted for a 4% share of total imports.

Benin experienced a relatively flat trend pattern with regard to volume of imports of chicory. Cabo Verde and Liberia experienced a relatively flat trend pattern. From 2013 to 2019, the share of Benin increased by +95 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Benin ($X) constitutes the largest market for imported chicory in Western Africa, comprising 99% of total imports. The second position in the ranking was taken by Cabo Verde ($X), with a 1.1% share of total imports.

In Benin, chicory imports remained relatively stable over the period from 2013-2019. In the other countries, the average annual rates were as follows: Cabo Verde (0.0% per year) and Liberia (0.0% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2019, reducing by -26.5% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 408%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2019, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Benin ($X per ton), while Liberia ($X per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Benin (0.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in Western Africa?

Senegal remains the largest chicory consuming country in Western Africa, comprising approx. 100% of total volume.

What are the largest producers of chicory in Western Africa?

The countries with the highest volumes of chicory production in 2020 were Nigeria and Senegal.

What are the leading exporters of chicory in Western Africa?

In value terms, Nigeria $244) remains the largest chicory supplier in Western Africa.

What are the leading importers of chicory in Western Africa?

In value terms, Benin constitutes the largest market for imported chicory in Western Africa, comprising 99% of total imports. The second position in the ranking was occupied by Cabo Verde $106), with a 1.1% share of total imports.

What is the average export price for chicory in Western Africa?

In 2020, the chicory export price in Western Africa amounted to $9,760 per ton, almost unchanged from the previous year.

What is the average import price for chicory in Western Africa?

In 2019, the chicory import price in Western Africa amounted to $4,596 per ton, reducing by -44.8% against the previous year.

This report provides an in-depth analysis of the chicory market in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 459 - Chicory roots

Country coverage:

Benin
Burkina Faso
Cabo Verde
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Mauritania
Niger
Nigeria
Saint Helena, Ascension and Tristan da Cunha
Senegal
Sierra Leone
Togo
Cote d'Ivoire

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Western Africa, split by region and country
Trade (exports and imports) in Western Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Harvested Area, By Country, 2012-2024
7. Yield, By Country, 2012-2024
8. Imports, In Physical Terms, By Country, 2012–2024
9. Imports, In Value Terms, By Country, 2012–2024
10. Import Prices, By Country Of Destination, 2012–2024
11. Exports, In Physical Terms, By Country, 2012–2024
12. Exports, In Value Terms, By Country, 2012–2024
13. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2024
19. Production, In Value Terms, 2012–2024
20. Area Harvested, 2012–2024
21. Yield, 2012–2024
22. Production, By Country, 2024
23. Production, In Physical Terms, By Country, 2012–2024
24. Harvested Area, By Country, 2024
25. Harvested Area, By Country, 2012-2024
26. Yield, By Country, 2012-2024
27. Imports, In Physical Terms, 2012–2024
28. Imports, In Value Terms, 2012–2024
29. Imports, In Physical Terms, By Country, 2024
30. Imports, In Physical Terms, By Country, 2012–2024
31. Imports, In Value Terms, By Country, 2012–2024
32. Import Prices, By Country, 2012–2024
33. Exports, In Physical Terms, 2012–2024
34. Exports, In Value Terms, 2012–2024
35. Exports, In Physical Terms, By Country, 2024
36. Exports, In Physical Terms, By Country, 2012–2024
37. Exports, In Value Terms, By Country, 2012–2024
38. Export Prices, 2012–2024