Western Africa - Unconcentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Market for Orange Juice (Single Strength) 2024
Market Size for Orange Juice (Single Strength) in Western Africa
For the third year in a row, the West African orange juice (single strength) market recorded growth in sales value, which increased by 51% to $X in 2021. In general, consumption showed a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Production of Orange Juice (Single Strength) in Western Africa
In value terms, orange juice (single strength) production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep setback. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Exports of Orange Juice (Single Strength)
Exports in Western Africa
For the fifth year in a row, Western Africa recorded decline in overseas shipments of orange juice (single strength), which decreased by -47.4% to X tons in 2021. In general, exports faced a sharp slump. The most prominent rate of growth was recorded in 2016 when exports increased by 4.8%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, orange juice (single strength) exports fell markedly to $X in 2021. Over the period under review, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2016 with an increase of 43%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
In 2021, Ghana (X tons) represented the main exporter of orange juice (single strength), generating 77% of total exports. It was distantly followed by Togo (X tons) and Mali (X tons), together comprising a 19% share of total exports. Niger (X tons) followed a long way behind the leaders.
Exports from Ghana decreased at an average annual rate of -26.1% from 2012 to 2021. At the same time, Mali (+19.7%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +19.7% from 2012-2021. Niger and Togo experienced a relatively flat trend pattern. From 2012 to 2021, the share of Togo, Mali and Niger increased by +11, +7.5 and +1.7 percentage points, respectively.
In value terms, Ghana ($X) remains the largest orange juice (single strength) supplier in Western Africa, comprising 91% of total exports. The second position in the ranking was held by Togo ($X), with a 4.9% share of total exports. It was followed by Mali, with a 2.2% share.
From 2012 to 2021, the average annual growth rate of value in Ghana totaled -23.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Togo (-4.2% per year) and Mali (+1.9% per year).
Export Prices by Country
In 2021, the export price in Western Africa amounted to $X per ton, reducing by -15.2% against the previous year. Export price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, orange juice (single strength) export price decreased by -26.7% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by 36%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Ghana ($X per ton), while Mali ($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 (+3.0%), while the other leaders experienced a decline in the export price figures.
Imports of Orange Juice (Single Strength)
Imports in Western Africa
In 2021, approx. X tons of orange juice (single strength) were imported in Western Africa; surging by 38% on the previous year's figure. Overall, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, orange juice (single strength) imports soared to $X in 2021. In general, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Senegal (X tons), distantly followed by Mali (X tons), Cabo Verde (X tons), Guinea-Bissau (X tons), Ghana (X tons), Gambia (X tons) and Guinea (X tons) were the main importers of orange juice (single strength), together constituting 86% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Guinea-Bissau (with a CAGR of +48.1%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Senegal ($X), Guinea-Bissau ($X) and Mali ($X) were the countries with the highest levels of imports in 2021, with a combined 52% share of total imports.
Among the main importing countries, Guinea-Bissau, with a CAGR of +53.0%, saw 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 2021, the import price in Western Africa amounted to $X per ton, picking up by 2.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 5.2%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Guinea-Bissau ($X per ton), while Guinea ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guinea-Bissau (+3.3%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for orange juice (single strength) 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:
- FCL 491 - Juice of Orange
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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