Western Africa: Cheese And Curd Market 2024

Cheese And Curd Market Size in Western Africa

After two years of decline, the West African cheese and curd market increased by X% to $X in 2023. In general, consumption enjoyed buoyant growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Cheese And Curd Production in Western Africa

In value terms, cheese and curd production expanded slightly to $X in 2023 estimated in export price. The total production indicated buoyant growth from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Cheese And Curd Exports

Exports in Western Africa

In 2023, the amount of cheese and curd exported in Western Africa surged to X tons, picking up by X% against the previous year. Over the period under review, exports recorded a prominent expansion. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, cheese and curd exports soared to $X in 2023. In general, exports showed a strong expansion. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Gambia was the key exporting country with an export of about X tons, which resulted at X% of total exports. Cote d'Ivoire (X tons) held the second position in the ranking, followed by Senegal (X tons) and Togo (X tons). All these countries together held near X% share of total exports. The following exporters - Ghana (X tons), Nigeria (X tons) and Burkina Faso (X tons) - together made up X% of total exports.

Gambia was also the fastest-growing in terms of the cheese and curd exports, with a CAGR of X% from 2012 to 2023. At the same time, Cote d'Ivoire (X%), Togo (X%) and Ghana (X%) displayed positive paces of growth. Senegal experienced a relatively flat trend pattern. By contrast, Nigeria (X%) and Burkina Faso (X%) illustrated a downward trend over the same period. Gambia (X p.p.), Cote d'Ivoire (X p.p.) and Burkina Faso (X p.p.) significantly strengthened its position in terms of the total exports, while Nigeria and Senegal saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Gambia ($X) emerged as the largest cheese and curd supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

In Gambia, cheese and curd exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2023, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a slight increase. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 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 Burkina Faso ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Cheese And Curd Imports

Imports in Western Africa

In 2023, imports of cheese and curd in Western Africa soared to X tons, with an increase of X% compared with the year before. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cheese and curd imports reached $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in the immediate term.

Imports by Country

In 2023, Senegal (X tons), distantly followed by Ghana (X tons), Cote d'Ivoire (X tons), Nigeria (X tons), Cabo Verde (X tons) and Mauritania (X tons) represented the main importers of cheese and curd, together achieving X% of total imports. The following importers - Burkina Faso (X tons), Mali (X tons), Benin (X tons), Guinea (X tons), Togo (X tons), Sierra Leone (X tons) and Liberia (X tons) - together made up X% of total imports.

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

In value terms, the largest cheese and curd importing markets in Western Africa were Senegal ($X), Cote d'Ivoire ($X) and Ghana ($X), together accounting for X% of total imports. Cabo Verde, Nigeria, Mauritania, Mali, Guinea, Benin, Sierra Leone, Burkina Faso, Liberia and Togo lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Guinea, with a CAGR of X%, recorded the highest growth rate of 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 2023, the import price in Western Africa amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 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 ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform