We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Western Africa - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Western Africa: Wheat Starch Market 2024

Wheat Starch Market Size in Western Africa

In 2021, after six years of growth, there was significant decline in the West African wheat starch market, when its value decreased by -15.3% to $X. Over the period under review, consumption, however, showed a prominent expansion. As a result, consumption reached the peak level of $X, and then declined significantly in the following year.

Wheat Starch Production in Western Africa

In value terms, wheat starch production contracted sharply to $X in 2021 estimated in export price. Overall, production, however, recorded a strong increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 52%. As a result, production reached the peak level of $X, and then shrank markedly in the following year.

Wheat Starch Exports

Exports in Western Africa

In 2021, shipments abroad of wheat starch increased by 81% to X tons, rising for the second year in a row after seven years of decline. In general, exports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 1,525%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wheat starch exports shrank notably to $X in 2021. Over the period under review, exports, however, saw a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 4,814%. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Mauritania dominates exports structure, reaching X tons, which was approx. 96% of total exports in 2021. Senegal (X tons) followed a long way behind the leaders.

Mauritania experienced a relatively flat trend pattern with regard to volume of exports of wheat starch. Senegal (-13.3%) illustrated a downward trend over the same period. While the share of Mauritania (+96 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) remains the largest wheat starch supplier in Western Africa, comprising 39% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Senegal stood at -14.8%.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, waning by -98.6% against the previous year. Overall, the export price continues to indicate a significant decrease. The pace of growth was the most pronounced in 2020 an increase of 202% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank sharply 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 Senegal ($X per ton), while Mauritania totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (-1.8%).

Wheat Starch Imports

Imports in Western Africa

In 2021, supplies from abroad of wheat starch increased by 33% to X tons, rising for the third year in a row after two years of decline. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 691% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, wheat starch imports surged to $X in 2021. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,425%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

Nigeria prevails in imports structure, recording X tons, which was near 94% of total imports in 2021. It was distantly followed by Mali (X tons), mixing up a 4.5% share of total imports.

Nigeria was also the fastest-growing in terms of the wheat starch imports, with a CAGR of +39.5% from 2012 to 2021. Mali (-24.6%) illustrated a downward trend over the same period. While the share of Nigeria (+94 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mali (-85.2 p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported wheat starch in Western Africa, comprising 99% of total imports. The second position in the ranking was held by Mali ($X), with a 0.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria stood at +58.8%.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, increasing by 23% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when the import price increased by 93%. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Mali totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+13.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Nigeria constituted the country with the largest volume of wheat starch consumption, comprising approx. 51% of total volume. Moreover, wheat starch consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire, eightfold. The third position in this ranking was occupied by Niger, with a 6.2% share.
Nigeria remains the largest wheat starch producing country in Western Africa, comprising approx. 51% of total volume. Moreover, wheat starch production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire, eightfold. Niger ranked third in terms of total production with a 6.2% share.
In value terms, Nigeria remains the largest wheat starch supplier in Western Africa.
In value terms, Nigeria constitutes the largest market for imported wheat starch in Western Africa, comprising 98% of total imports. The second position in the ranking was occupied by Ghana, with a 1.1% share of total imports.
In 2021, the wheat starch export price in Western Africa amounted to $637 per ton, falling by -88% against the previous year.
The wheat starch import price in Western Africa stood at $1,239 per ton in 2021, with an increase of 5.2% against the previous year.

This report provides an in-depth analysis of the wheat starch market 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:

  • Prodcom 10621111 - Wheat starch

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended reports

Asia - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 381

This report provides an in-depth analysis of the wheat starch market in Asia.

World - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 1221

This report provides an in-depth analysis of the global wheat starch market.

EU - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 394

This report provides an in-depth analysis of the wheat starch market in the EU.

U.S. - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 461

This report provides an in-depth analysis of the wheat starch market in the U.S..

China - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 464

This report provides an in-depth analysis of the wheat starch market in China.

Free Data: Wheat Starch - Western Africa
Table
Wheat Starch - Western Africa - Table
Dashboard
Wheat Starch - Western Africa - Dashboard
Report
Wheat Starch - Western Africa - Report