Western Africa: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Western Africa

For the eighth year in a row, the West African prepared frozen vegetable market recorded growth in sales value, which increased by X% to $X in 2020. The total consumption indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2009 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Prepared Frozen Vegetable Production in Western Africa

In value terms, prepared frozen vegetable production soared to $X in 2020 estimated in export prices. The total production indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2009 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Production By Country in Western Africa

Nigeria (X tons) constituted the country with the largest volume of prepared frozen vegetable production, accounting for X% of total volume. Moreover, prepared frozen vegetable production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana (X tons), eightfold. The third position in this ranking was occupied by Cote d'Ivoire (X tons), with a X% share.

In Nigeria, prepared frozen vegetable production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Ghana (+X% per year) and Cote d'Ivoire (+X% per year).

Prepared Frozen Vegetable Exports

Exports in Western Africa

In 2020, overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved) increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum in 2020 and are likely to see gradual growth in the immediate term.

In value terms, prepared frozen vegetable exports skyrocketed to $X in 2020. Overall, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked in 2020 and is likely to continue growth in the near future.

Exports by Country

Cote d'Ivoire was the major exporter of frozen vegetables and mixtures of vegetables (prepared or preserved) in Western Africa, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2020. Nigeria (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Senegal (X%), Togo (X%) and Ghana (X%). Niger (X tons) followed a long way behind the leaders.

Exports from Cote d'Ivoire increased at an average annual rate of +X% from 2007 to 2020. At the same time, Niger (+X%), Nigeria (+X%), Ghana (+X%) and Senegal (+X%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +X% from 2007-2020. By contrast, Togo (-X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (+X p.p.), Nigeria (+X p.p.), Niger (+X p.p.) and Ghana (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Togo (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Ghana ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of total exports. These countries were followed by Senegal, Togo and Niger, which together accounted for a further X terms of the main exporting countries, Niger (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The prepared frozen vegetable export price in Western Africa stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the export price showed a mild decline. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Ghana ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ghana, while the other leaders experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports in Western Africa

After four years of decline, purchases abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) increased by X% to X tons in 2020. In general, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared frozen vegetable imports skyrocketed to $X in 2020. Overall, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria was the major importing country with an import of around X tons, which amounted to X% of total imports. Gambia (X tons) took the second position in the ranking, followed by Togo (X tons), Niger (X tons), Burkina Faso (X tons), Mali (X tons) and Mauritania (X tons). All these countries together took approx. X% share of total imports.

Imports into Nigeria increased at an average annual rate of +X% from 2007 to 2020. At the same time, Mali (+X%), Gambia (+X%), Togo (+X%), Burkina Faso (+X%), Niger (+X%) and Mauritania (+X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Nigeria, Gambia, Mali, Togo and Burkina Faso increased by +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported frozen vegetables and mixtures of vegetables (prepared or preserved) in Western Africa, comprising X% of total imports. The second position in the ranking was occupied by Mali ($X), with a X% share of total imports. It was followed by Burkina Faso, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Nigeria stood at +X%. In the other countries, the average annual rates were as follows: Mali (+X% per year) and Burkina Faso (+X% per year).

Import Prices by Country

In 2020, the prepared frozen vegetable import price in Western Africa amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Mali ($X per ton), while Gambia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mali, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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