Report Update Nov 1, 2024

Western Africa - Frozen Atlantic Salmon and Danube Salmon - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports in Western Africa

In 2019, the amount of frozen atlantic salmon and danube salmon exported in Western Africa fell remarkably to X kg, which is down by -X% against the year before. In general, exports continue to indicate a precipitous curtailment. The smallest decline of -X% was in 2018. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2019, the exports remained at a lower figure.

In value terms, exports of frozen atlantic salmon and danube salmon shrank remarkably to $X in 2019. Over the period under review, exports recorded a dramatic decline. The smallest decline of -X% was in 2018. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of frozen atlantic salmon and danube salmon, namely Ghana, represented more than two-thirds of total export.

Ghana was also the fastest-growing in terms of the frozen atlantic salmon and danube salmon exports, with a CAGR of +X% from 2017 to 2019. From 2017 to 2019, the share of Ghana increased by +X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Ghana, exports of frozen atlantic salmon and danube salmon expanded at an average annual rate of +X% over the period from 2017-2019.

Export Prices by Country

In 2019, the export price in Western Africa amounted to $X per ton, growing by X% against the previous year. In general, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2019, the rate of growth in terms of prices for Ghana amounted to +X% per year.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports in Western Africa

In 2021, overseas purchases of frozen atlantic salmon and danube salmon were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of frozen atlantic salmon and danube salmon dropped slightly to $X in 2021. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Nigeria represented the main importer of frozen atlantic salmon and danube salmon in Western Africa, with the volume of imports accounting for X tons, which was near X% of total imports in 2021. Cabo Verde (X kg) ranks second in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%), Senegal (X%) and Burkina Faso (X%). The following importers - Mauritania (X kg) and Gambia (X kg) - each recorded a X% share of total imports.

Imports into Nigeria decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Mauritania (+X%), Gambia (+X%), Cote d'Ivoire (+X%) and Senegal (+X%) displayed positive paces of growth. Moreover, Mauritania emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. Burkina Faso experienced a relatively flat trend pattern. By contrast, Cabo Verde (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Cote d'Ivoire, Senegal, Mauritania, Gambia and Burkina Faso increased by +X, +X, +X, +X and +X percentage points, respectively. Nigeria (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Cabo Verde ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports. Gambia, Mauritania, Senegal and Burkina Faso lagged somewhat behind, together accounting for a further X the main importing countries, Gambia, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, reducing by -X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Burkina Faso (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen atlantic salmon and danube salmon in Western Africa?

The countries with the highest volumes of consumption of frozen atlantic salmon and danube salmon in 2020 were Guinea, Liberia and Nigeria, together comprising 64% of total consumption.

What are the largest producers of frozen atlantic salmon and danube salmon in Western Africa?

The country with the largest volume of production of frozen atlantic salmon and danube salmon was Senegal, comprising approx. 100% of total volume.

What are the leading importers of frozen atlantic salmon and danube salmon in Western Africa?

In value terms, Guinea constitutes the largest market for imported frozen atlantic salmon and danube salmon in Western Africa, comprising 38% of total imports. The second position in the ranking was occupied by Liberia, with a 16% share of total imports. It was followed by Nigeria, with a 13% share.

What is the average export price for frozen atlantic salmon and danube salmon in Western Africa?

The export price for frozen atlantic salmon and danube salmon in Western Africa stood at $10,594 per ton in 2019, with an increase of 196% against the previous year.

What is the average import price for frozen atlantic salmon and danube salmon in Western Africa?

The import price for frozen atlantic salmon and danube salmon in Western Africa stood at $8,451 per ton in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for frozen atlantic salmon and danube salmon 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:

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. TOP EXPORTING COUNTRIES
4. 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
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
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. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023