Western Africa: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Western Africa

The West African market for fresh or chilled pig meat other than cuts or carcases dropped modestly to $X in 2022, waning by -2.6% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Western Africa

In value terms, production of fresh or chilled pig meat other than cuts or carcases fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 29% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Nigeria (X tons) constituted the country with the largest volume of production of fresh or chilled pig meat other than cuts or carcases, comprising approx. 47% of total volume. Moreover, production of fresh or chilled pig meat other than cuts or carcases in Nigeria exceeded the figures recorded by the second-largest producer, Niger (X tons), fivefold. The third position in this ranking was taken by Burkina Faso (X tons), with a 9.6% share.

In Nigeria, production of fresh or chilled pig meat other than cuts or carcases expanded at an average annual rate of +6.3% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Niger (+5.9% per year) and Burkina Faso (+5.9% per year).

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports in Western Africa

In 2022, shipments abroad of fresh or chilled pig meat other than cuts or carcases was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of 81% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases dropped dramatically to $X in 2022. Over the period under review, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 71%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Senegal (X tons), followed by Cote d'Ivoire (X tons) represented the key exporters of fresh or chilled pig meat other than cuts or carcases, together generating 100% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Senegal (with a CAGR of +36.5%).

In value terms, Cote d'Ivoire ($X) remains the largest fresh pork other than cuts or carcases supplier in Western Africa, comprising 93% of total exports. The second position in the ranking was held by Senegal ($X), with a 7.1% share of total exports.

In Cote d'Ivoire, exports of fresh or chilled pig meat other than cuts or carcases declined by an average annual rate of -5.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, reducing by -35.8% against the previous year. In general, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 88%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Senegal totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (-4.3%).

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports in Western Africa

In 2022, overseas purchases of fresh or chilled pig meat other than cuts or carcases increased by 6.4% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 353% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases declined to $X in 2022. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 105% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Togo was the main importer of fresh or chilled pig meat other than cuts or carcases in Western Africa, with the volume of imports amounting to X tons, which was near 40% of total imports in 2022. Liberia (X tons) held the second position in the ranking, followed by Mali (X tons), Cabo Verde (X tons), Guinea (X tons) and Niger (X tons). All these countries together took near 46% share of total imports. Sierra Leone (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fresh pork other than cuts or carcases imports into Togo stood at +4.5%. At the same time, Guinea (+49.2%), Niger (+35.7%), Mali (+33.3%), Sierra Leone (+18.8%), Cabo Verde (+5.5%) and Liberia (+2.9%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +49.2% from 2012-2022. While the share of Mali (+9.7 p.p.), Guinea (+8.3 p.p.), Niger (+4.4 p.p.) and Sierra Leone (+2.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Liberia (-3.5 p.p.) and Togo (-4.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fresh pork other than cuts or carcases importing markets in Western Africa were Mali ($X), Liberia ($X) and Niger ($X), with a combined 58% share of total imports. Cabo Verde, Sierra Leone, Guinea and Togo lagged somewhat behind, together comprising a further 29%.

Guinea, with a CAGR of +50.4%, recorded the highest growth rate of the value of imports, among 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, which is down by -18.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by 61% against the previous year. The level of import peaked at $X per ton in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Niger ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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