Western Africa: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Western Africa

In 2021, the West African grapefruit juice (single strength) market increased by 86% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw significant growth. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the immediate term.

Production of Grapefruit Juice (Single Strength) in Western Africa

In value terms, grapefruit juice (single strength) production shrank slightly to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +44.0% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of 17%. The level of production peaked at $X in 2020, and then fell in the following year.

Exports of Grapefruit Juice (Single Strength)

Exports in Western Africa

In 2021, overseas shipments of grapefruit juice (single strength) decreased by -0.6% to X kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2019 when exports increased by 695%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports fell to $X in 2021. Overall, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2019 with an increase of 613%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, Ghana (X kg) and Togo (X kg) were the key exporters of grapefruit juice (single strength) in Western Africa, together finishing at approx. 68% of total exports. It was followed by Nigeria (X kg), committing a 32% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Togo (with a CAGR of -0.7%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest grapefruit juice (single strength) supplying countries in Western Africa were Ghana ($X), Nigeria ($X) and Togo ($X), with a combined 99.9% share of total exports.

Among the main exporting countries, Ghana, with a CAGR of -19.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, which is down by -14% against the previous year. Export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grapefruit juice (single strength) export price increased by +62.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 89% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+4.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Grapefruit Juice (Single Strength)

Imports in Western Africa

For the third consecutive year, Western Africa recorded growth in supplies from abroad of grapefruit juice (single strength), which increased by 107% to X tons in 2021. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 288% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, grapefruit juice (single strength) imports soared to $X in 2021. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 234% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Burkina Faso (X tons) and Benin (X tons) prevails in imports structure, together making up 87% of total imports. It was distantly followed by Mali (X tons), generating a 5.1% share of total imports. The following importers - Togo (X tons) and Senegal (X tons) - each amounted to a 3.7% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Burkina Faso (with a CAGR of +118.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grapefruit juice (single strength) importing markets in Western Africa were Burkina Faso ($X), Benin ($X) and Mali ($X), with a combined 87% share of total imports.

Among the main importing countries, Burkina Faso, with a CAGR of +92.4%, saw 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, approximately reflecting the previous year. In general, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 16%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Senegal ($X per ton), while Burkina Faso ($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 (+3.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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