ECOWAS: Rabbit Meat Market 2024

Rabbit Meat Market Size in ECOWAS

The ECOWAS rabbit meat market shrank slightly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Rabbit Meat Production in ECOWAS

In value terms, rabbit meat production declined modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Sierra Leone (X tons) remains the largest rabbit meat producing country in ECOWAS, accounting for X% of total volume. It was followed by Ghana (X tons), with a X% share of total production.

In Sierra Leone, rabbit meat production remained relatively stable over the period from 2012-2022.

The average rabbit meat yield fell modestly to X kg per head in 2022, stabilizing at the previous year's figure. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the rabbit meat yield attained the peak level at X kg per head in 2021, and then shrank slightly in the following year.

In 2022, approx. X heads of animals slaughtered for rabbit meat production in ECOWAS; remaining constant against 2021 figures. In general, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2021, and then reduced in the following year.

Rabbit Meat Exports

Exports in ECOWAS

In 2022, shipments abroad of rabbit or hare meat decreased by X% to X kg, falling for the second year in a row after three years of decline. In general, exports showed a deep reduction. The smallest decline of X% was in 2015. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, rabbit meat exports amounted to $X in 2022. Overall, exports continue to indicate a abrupt descent. The smallest decline of X% was in 2015. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Cote d'Ivoire (X kg), together resulting at X% of total export.

Cote d'Ivoire was also the fastest-growing in terms of the rabbit or hare meat exports, with a CAGR of X% from 2012 to 2022. While the share of Cote d'Ivoire (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In Cote d'Ivoire, rabbit meat exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, approximately equating the previous year. In general, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2016 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.

Rabbit Meat Imports

Imports in ECOWAS

In 2022, overseas purchases of rabbit or hare meat decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, rabbit meat imports reduced sharply to $X in 2022. Overall, imports, however, posted a notable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.

Imports by Country

Mali was the main importer of rabbit or hare meat in ECOWAS, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. Benin (X tons) held the second position in the ranking, followed by Cote d'Ivoire (X tons), Cabo Verde (X tons), Burkina Faso (X tons) and Guinea (X tons). All these countries together held near X% share of total imports. Senegal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mali (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mali ($X) constitutes the largest market for imported rabbit or hare meat in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Benin, with a X% share.

In Mali, rabbit meat imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (X% per year) and Benin (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then reduced in the following year.

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 2022, 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

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