Western Africa: Temporarily Preserved Vegetable Market 2024

Temporarily Preserved Vegetable Market Size in Western Africa

In 2022, after three years of growth, there was significant decline in the West African temporarily preserved vegetable market, when its value decreased by -21.9% to $X. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Temporarily Preserved Vegetable Production in Western Africa

In value terms, temporarily preserved vegetable production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by 36% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Temporarily Preserved Vegetable Exports

Exports in Western Africa

In 2022, exports of vegetables (temporarily preserved) in Western Africa fell remarkably to X tons, which is down by -47.4% against the year before. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2017 with an increase of 291% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, temporarily preserved vegetable exports shrank significantly to $X in 2022. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by 268% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Benin (X tons) and Burkina Faso (X tons) represented the major exporters of vegetables (temporarily preserved) in Western Africa, together making up 63% of total exports. Ghana (X tons) ranks next in terms of the total exports with a 14% share, followed by Niger (11%) and Cote d'Ivoire (9.7%). The following exporters - Senegal (X kg) and Nigeria (X kg) - each reached a 3.4% share 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 Benin (with a CAGR of +14.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Niger ($X) remains the largest temporarily preserved vegetable supplier in Western Africa, comprising 64% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 12% share of total exports. It was followed by Benin, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Niger amounted to +3.9%. In the other countries, the average annual rates were as follows: Burkina Faso (-0.2% per year) and Benin (+22.2% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, which is down by -6.5% against the previous year. In general, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the export price increased by 217% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

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 Niger ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+32.9%), while the other leaders experienced more modest paces of growth.

Temporarily Preserved Vegetable Imports

Imports in Western Africa

After two years of growth, purchases abroad of vegetables (temporarily preserved) decreased by -59.1% to X tons in 2022. Overall, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. As a result, imports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, temporarily preserved vegetable imports dropped rapidly to $X in 2022. Over the period under review, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, imports reached the peak of $X, and then declined notably in the following year.

Imports by Country

The purchases of the three major importers of vegetables (temporarily preserved), namely Cote d'Ivoire, Nigeria and Senegal, represented more than two-thirds of total import. Mali (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Ghana (5.5%) and Niger (4.6%). Mauritania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of +65.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest temporarily preserved vegetable importing markets in Western Africa were Cote d'Ivoire ($X), Mali ($X) and Senegal ($X), together comprising 65% of total imports. Nigeria, Ghana, Niger and Mauritania lagged somewhat behind, together accounting for a further 25%.

Among the main importing countries, Niger, with a CAGR of +55.2%, recorded the highest rates of growth with regard to 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

In 2022, the import price in Western Africa amounted to $X per ton, growing by 27% against the previous year. Overall, the import price, however, showed a noticeable decrease. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mali ($X per ton), while Mauritania ($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 (+0.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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