ECOWAS: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in ECOWAS

The ECOWAS homogenised jam and marmalade market reached $X in 2023, picking up by X% against the previous year. In general, consumption recorded a noticeable reduction. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in ECOWAS

In value terms, homogenised jam and marmalade production stood at $X in 2023 estimated in export price. In general, production recorded a pronounced descent. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports in ECOWAS

Homogenised jam and marmalade exports totaled X tons in 2023, standing approx. at the previous year's figure. In general, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, homogenised jam and marmalade exports amounted to $X in 2023. Overall, exports, however, showed a slight decline. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

Exports by Country

Mali was the main exporter of homogenised preparations of jams, fruit jellies and marmalades in ECOWAS, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Togo (X tons) ranks second in terms of the total exports with a X% share, followed by Nigeria (X%). The following exporters - Ghana (X tons) and Cote d'Ivoire (X tons) - each finished at a X% share of total exports.

Mali was also the fastest-growing in terms of the homogenised preparations of jams, fruit jellies and marmalades exports, with a CAGR of X% from 2012 to 2023. At the same time, Nigeria (X%) displayed positive paces of growth. By contrast, Cote d'Ivoire (X%), Togo (X%) and Ghana (X%) illustrated a downward trend over the same period. While the share of Mali (X p.p.) and Nigeria (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Ghana (X p.p.) and Togo (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mali ($X) remains the largest homogenised jam and marmalade supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Mali totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Ghana (X% per year) and Nigeria (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2023, increasing by X% against the previous year. Export price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, homogenised jam and marmalade export price decreased by X% against 2021 indices. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports in ECOWAS

After two years of growth, supplies from abroad of homogenised preparations of jams, fruit jellies and marmalades decreased by X% to X tons in 2023. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2023, the growth of imports remained at a lower figure.

In value terms, homogenised jam and marmalade imports surged to $X in 2023. In general, imports, however, posted a perceptible increase. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Burkina Faso (X tons), distantly followed by Cote d'Ivoire (X tons), Senegal (X tons), Cabo Verde (X tons), Nigeria (X tons), Benin (X tons), Ghana (X tons) and Mali (X tons) represented the major importers of homogenised preparations of jams, fruit jellies and marmalades, together creating X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Burkina Faso (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Burkina Faso ($X), Cote d'Ivoire ($X) and Senegal ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Mali, Cabo Verde, Benin, Nigeria and Ghana lagged somewhat behind, together comprising a further X%.

Mali, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 ECOWAS stood at $X per ton in 2023, picking up by X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, homogenised jam and marmalade import price decreased by X% against 2021 indices. Over the period under review, import prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Benin (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform