Western Africa: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Western Africa

The West African wine of fresh grapes market skyrocketed to $X in 2022, picking up by 49% against the previous year. Overall, consumption enjoyed a temperate expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Western Africa

In value terms, wine of fresh grapes production expanded modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 34%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports in Western Africa

For the fourth year in a row, Western Africa recorded growth in shipments abroad of wine of fresh grapes (except sparkling wine), which increased by 7.7% to X litres in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 539% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, wine of fresh grapes exports contracted slightly to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 339% against the previous year. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, Togo (X litres) was the largest exporter of wine of fresh grapes (except sparkling wine) in Western Africa, comprising 98% of total export.

Togo was also the fastest-growing in terms of the wine of fresh grapes (except sparkling wine) exports, with a CAGR of +84.8% from 2012 to 2022. Togo (+94 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Togo ($X) also remains the largest wine of fresh grapes supplier in Western Africa.

In Togo, wine of fresh grapes exports expanded at an average annual rate of +55.7% over the period from 2012-2022.

Export Prices by Country

The export price in Western Africa stood at $X per litre in 2022, which is down by -7.5% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when the export price increased by 29% against the previous year. Over the period under review, the export prices hit record highs at $X per litre in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Togo.

From 2012 to 2022, the rate of growth in terms of prices for Togo amounted to -15.7% per year.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports in Western Africa

For the fourth consecutive year, Western Africa recorded growth in purchases abroad of wine of fresh grapes (except sparkling wine), which increased by 117% to X litres in 2022. 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, wine of fresh grapes imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 76%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Nigeria (X litres), Cote d'Ivoire (X litres) and Burkina Faso (X litres) represented roughly 78% of total imports in 2022. It was distantly followed by Ghana (X litres), constituting a 6% share of total imports. The following importers - Guinea-Bissau (X litres), Togo (X litres) and Senegal (X litres) - together made up 11% of total imports.

From 2012 to 2022, the biggest increases were recorded for Burkina Faso (with a CAGR of +34.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Nigeria ($X) and Ghana ($X) were the countries with the highest levels of imports in 2022, together accounting for 74% of total imports. Burkina Faso, Guinea-Bissau, Senegal and Togo lagged somewhat behind, together accounting for a further 19%.

In terms of the main importing countries, Burkina Faso, with a CAGR of +20.0%, 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

The import price in Western Africa stood at $X per litre in 2022, which is down by -24.1% against the previous year. In general, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 3.4% against the previous year. As a result, import price attained the peak level of $X per litre. From 2015 to 2022, the import prices remained 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 Ghana ($X per litre), while Burkina Faso ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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