Western Africa: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in Western Africa

The West African sheep and goat meat market rose to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Sheep And Goat Meat in Western Africa

In value terms, sheep and goat meat production rose notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The country with the largest volume of sheep and goat meat production was Nigeria (X tons), comprising approx. X% of total volume. Moreover, sheep and goat meat production in Nigeria exceeded the figures recorded by the second-largest producer, Burkina Faso (X tons), fivefold. Senegal (X tons) ranked third in terms of total production with a X% share.

In Nigeria, sheep and goat meat production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Burkina Faso (X% per year) and Senegal (X% per year).

In 2022, the average sheep and goat meat yield in Western Africa was estimated at X kg per head, remaining constant against the previous year. In general, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of yield peaked at X kg per head in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure.

In 2022, number of animals slaughtered for sheep and goat meat production in Western Africa dropped to X heads, stabilizing at 2021 figures. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, this number reached the peak level at X heads in 2021, and then fell modestly in the following year.

Exports of Sheep And Goat Meat

Exports in Western Africa

In 2022, shipments abroad of sheep and goat meat decreased by X% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports reduced sharply to $X in 2022. Overall, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Senegal represented the largest exporter of sheep and goat meat in Western Africa, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Cote d'Ivoire (X tons) and Mali (X tons), together mixing up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sheep and goat meat exports from Senegal stood at X%. Mali (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.), Cote d'Ivoire (X p.p.) and Mali (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) remains the largest sheep and goat meat supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Senegal stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Mali (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, showed tangible growth. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced a decline in the export price figures.

Imports of Sheep And Goat Meat

Imports in Western Africa

After three years of growth, purchases abroad of sheep and goat meat decreased by X% to X tons in 2022. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sheep and goat meat imports stood at $X in 2022. In general, imports recorded a slight downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Ghana dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Senegal (X tons), Mali (X tons) and Saint Helena, Ascension and Tristan da Cunha (X tons), together comprising a X% share of total imports. The following importers - Cote d'Ivoire (X tons), Cabo Verde (X tons) and Mauritania (X tons) - together made up X% of total imports.

Imports into Ghana decreased at an average annual rate of X% from 2012 to 2022. At the same time, Saint Helena, Ascension and Tristan da Cunha (X%), Mali (X%), Cabo Verde (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Saint Helena, Ascension and Tristan da Cunha emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Mauritania (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Senegal, Mali, Saint Helena, Ascension and Tristan da Cunha and Cabo Verde increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported sheep and goat meat in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with a X% share of total imports. It was followed by Mali, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Ghana totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Senegal (X% per year) and Mali (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep and goat meat import price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :