
Western Africa - Flours, Meals and Pellets of Fish - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWestern Africa: Market for Flours, Meals And Pellets Of Fish 2025
Market Size for Flours, Meals And Pellets Of Fish in Western Africa
The West African fish meals and pellet market surged to $X in 2021, with an increase of 102% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Production of Flours, Meals And Pellets Of Fish in Western Africa
In value terms, fish meals and pellet production expanded sharply to $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.0% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 35%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Exports of Flours, Meals And Pellets Of Fish
Exports in Western Africa
In 2021, exports of flours, meals and pellets of fish in Western Africa shrank significantly to X tons, reducing by -18.9% compared with 2020 figures. In general, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2014 with an increase of 391% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
In value terms, fish meals and pellet exports fell to $X in 2021. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 312% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
Exports by Country
Senegal represented the main exporting country with an export of around X tons, which finished at 62% of total exports. Ghana (X tons) held the second position in the ranking, followed by Mauritania (X tons) and Gambia (X tons). All these countries together held approx. 33% share of total exports. Burkina Faso (X tons) took a little share of total exports.
Exports from Senegal increased at an average annual rate of +15.4% from 2012 to 2021. At the same time, Burkina Faso (+36.3%) and Gambia (+2.2%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +36.3% from 2012-2021. Ghana experienced a relatively flat trend pattern. By contrast, Mauritania (-36.3%) illustrated a downward trend over the same period. While the share of Senegal (+60 p.p.), Ghana (+11 p.p.), Gambia (+6.9 p.p.) and Burkina Faso (+2.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Mauritania (-82.4 p.p.) displayed negative dynamics.
In value terms, Senegal ($X) remains the largest fish meals and pellet supplier in Western Africa, comprising 80% of total exports. The second position in the ranking was held by Ghana ($X), with a 7% share of total exports. It was followed by Gambia, with a 3.5% share.
In Senegal, fish meals and pellet exports increased at an average annual rate of +21.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ghana (-17.3% per year) and Gambia (-7.7% per year).
Export Prices by Country
In 2021, the export price in Western Africa amounted to $X per ton, growing by 17% against the previous year. Overall, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2017 an increase of 47%. The level of export peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably country of origin: the country with the highest price was Senegal ($X per ton), while Mauritania ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+4.9%), while the other leaders experienced a decline in the export price figures.
Imports of Flours, Meals And Pellets Of Fish
Imports in Western Africa
In 2021, the amount of flours, meals and pellets of fish imported in Western Africa surged to X tons, picking up by 672% on 2020. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fish meals and pellet imports soared to $X in 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Nigeria (X tons) represented the major importer of flours, meals and pellets of fish, achieving 84% of total imports. It was distantly followed by Togo (X tons), creating an 11% share of total imports. Guinea (X tons) held a relatively small share of total imports.
From 2012 to 2021, average annual rates of growth with regard to fish meals and pellet imports into Nigeria stood at +34.4%. At the same time, Guinea (+54.0%) and Togo (+17.9%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +54.0% from 2012-2021. Nigeria (+25 p.p.) and Guinea (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while Togo saw its share reduced by -14.9% from 2012 to 2021, respectively.
In value terms, Nigeria ($X) constitutes the largest market for imported flours, meals and pellets of fish in Western Africa, comprising 92% of total imports. The second position in the ranking was taken by Guinea ($X), with a 3.8% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria stood at +35.5%. In the other countries, the average annual rates were as follows: Guinea (+49.6% per year) and Togo (+28.6% per year).
Import Prices by Country
The import price in Western Africa stood at $X per ton in 2021, with an increase of 26% against the previous year. Import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fish meals and pellet import price decreased by -33.1% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 49%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Guinea ($X per ton), while Togo ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+9.1%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fish meals and pellet 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:
- Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
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
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption, by Country, 2022–2024
- Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Consumption, by Country, 2024
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, by Country, 2024
- Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
Recommended reports
This report provides an in-depth analysis of the market for fish meals and pellet in Asia.
This report provides an in-depth analysis of the global market for fish meals and pellet.
This report provides an in-depth analysis of the market for fish meals and pellet in the EU.
This report provides an in-depth analysis of the market for fish meals and pellet in the U.S..
This report provides an in-depth analysis of the market for fish meals and pellet in China.