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Western Africa - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Temporarily Preserved Vegetable Market 2024
Temporarily Preserved Vegetable Market Size in Western Africa
In 2022, after three years of growth, there was significant decline in the West African temporarily preserved vegetable market, when its value decreased by -21.9% to $X. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.
Temporarily Preserved Vegetable Production in Western Africa
In value terms, temporarily preserved vegetable production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by 36% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.
Temporarily Preserved Vegetable Exports
Exports in Western Africa
In 2022, exports of vegetables (temporarily preserved) in Western Africa fell remarkably to X tons, which is down by -47.4% against the year before. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2017 with an increase of 291% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.
In value terms, temporarily preserved vegetable exports shrank significantly to $X in 2022. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by 268% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
In 2022, Benin (X tons) and Burkina Faso (X tons) represented the major exporters of vegetables (temporarily preserved) in Western Africa, together making up 63% of total exports. Ghana (X tons) ranks next in terms of the total exports with a 14% share, followed by Niger (11%) and Cote d'Ivoire (9.7%). The following exporters - Senegal (X kg) and Nigeria (X kg) - each reached a 3.4% share of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Benin (with a CAGR of +14.0%), while the other leaders experienced mixed trends in the exports figures.
In value terms, Niger ($X) remains the largest temporarily preserved vegetable supplier in Western Africa, comprising 64% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 12% share of total exports. It was followed by Benin, with a 9.4% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Niger amounted to +3.9%. In the other countries, the average annual rates were as follows: Burkina Faso (-0.2% per year) and Benin (+22.2% per year).
Export Prices by Country
The export price in Western Africa stood at $X per ton in 2022, which is down by -6.5% against the previous year. In general, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the export price increased by 217% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per ton), while Benin ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+32.9%), while the other leaders experienced more modest paces of growth.
Temporarily Preserved Vegetable Imports
Imports in Western Africa
After two years of growth, purchases abroad of vegetables (temporarily preserved) decreased by -59.1% to X tons in 2022. Overall, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. As a result, imports reached the peak of X tons, and then shrank dramatically in the following year.
In value terms, temporarily preserved vegetable imports dropped rapidly to $X in 2022. Over the period under review, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, imports reached the peak of $X, and then declined notably in the following year.
Imports by Country
The purchases of the three major importers of vegetables (temporarily preserved), namely Cote d'Ivoire, Nigeria and Senegal, represented more than two-thirds of total import. Mali (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Ghana (5.5%) and Niger (4.6%). Mauritania (X tons) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of +65.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest temporarily preserved vegetable importing markets in Western Africa were Cote d'Ivoire ($X), Mali ($X) and Senegal ($X), together comprising 65% of total imports. Nigeria, Ghana, Niger and Mauritania lagged somewhat behind, together accounting for a further 25%.
Among the main importing countries, Niger, with a CAGR of +55.2%, 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
In 2022, the import price in Western Africa amounted to $X per ton, growing by 27% against the previous year. Overall, the import price, however, showed a noticeable decrease. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mali ($X per ton), while Mauritania ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+0.7%), 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 temporarily preserved vegetable 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:
- FCL 474 - Vegetables, Temporarily Preserved
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
- 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
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
- 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
- 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
- Production, By Country, 2023
- Production, In Physical Terms, 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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