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Western Africa - Fresh or Chilled Cuts of Chicken - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Fresh Chicken Cut Market 2024
Fresh Chicken Cut Market Size in Western Africa
After six years of growth, the West African fresh chicken cut market decreased by -3.1% to $X in 2021. Over the period under review, consumption recorded a resilient increase. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.
Fresh Chicken Cut Production in Western Africa
In value terms, fresh chicken cut production fell to $X in 2021 estimated in export price. Over the period under review, production saw a strong expansion. The growth pace was the most rapid in 2016 with an increase of 51% against the previous year. The level of production peaked at $X in 2020, and then fell modestly in the following year.
The country with the largest volume of fresh chicken cut production was Nigeria (X tons), comprising approx. 48% of total volume. Moreover, fresh chicken cut production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana (X tons), sixfold. Cote d'Ivoire (X tons) ranked third in terms of total production with a 7.2% share.
From 2012 to 2021, the average annual growth rate of volume in Nigeria amounted to +3.7%. The remaining producing countries recorded the following average annual rates of production growth: Ghana (+7.1% per year) and Cote d'Ivoire (+7.9% per year).
Fresh Chicken Cut Exports
Exports in Western Africa
In 2021, approx. X tons of fresh or chilled cuts of chicken were exported in Western Africa; which is down by -51.1% compared with 2020. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 181% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, fresh chicken cut exports dropped remarkably to $X in 2021. Over the period under review, exports showed a sharp shrinkage. The growth pace was the most rapid in 2014 with an increase of 148%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
In 2021, Ghana (X tons) was the main exporter of fresh or chilled cuts of chicken in Western Africa, committing 100% of total export.
Ghana was also the fastest-growing in terms of the fresh or chilled cuts of chicken exports, with a CAGR of -17.6% from 2012 to 2021. While the share of Ghana (+18 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Ghana ($X) also remains the largest fresh chicken cut supplier in Western Africa.
In Ghana, fresh chicken cut exports plunged by an average annual rate of -18.6% over the period from 2012-2021.
Export Prices by Country
In 2021, the export price in Western Africa amounted to $X per ton, falling by -32.3% against the previous year. Over the period under review, the export price saw a perceptible setback. The pace of growth was the most pronounced in 2019 when the export price increased by 31%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Ghana.
From 2012 to 2021, the rate of growth in terms of prices for Ghana amounted to -1.2% per year.
Fresh Chicken Cut Imports
Imports in Western Africa
In 2021, supplies from abroad of fresh or chilled cuts of chicken was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
In value terms, fresh chicken cut imports soared to $X in 2021. In general, imports, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2015 with an increase of 60%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
Ghana was the main importer of fresh or chilled cuts of chicken in Western Africa, with the volume of imports amounting to X tons, which was near 43% of total imports in 2021. It was distantly followed by Mauritania (X tons), Liberia (X tons) and Benin (X tons), together creating a 48% share of total imports. The following importers - Sierra Leone (X tons) and Guinea (X tons) - each amounted to a 6.1% share of total imports.
From 2012 to 2021, the biggest increases were recorded for Benin (with a CAGR of +20.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Ghana ($X) constitutes the largest market for imported fresh or chilled cuts of chicken in Western Africa, comprising 61% of total imports. The second position in the ranking was taken by Mauritania ($X), with a 15% share of total imports. It was followed by Benin, with a 9.3% share.
In Ghana, fresh chicken cut imports increased at an average annual rate of +5.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mauritania (-11.0% per year) and Benin (+18.8% per year).
Import Prices by Country
In 2021, the import price in Western Africa amounted to $X per ton, jumping by 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was Ghana ($X per ton), while Liberia ($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 (+9.9%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fresh chicken cut 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 10121050 - Fresh or chilled cuts of chicken
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
- COUNTRIES WITH TOP YIELDS
- 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
- PRODUCING ANIMALS AND YIELD 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
- Producing Animals, By Country, 2012-2023
- Yield, 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
- Yield 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
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, 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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