Western Africa: Avocado Market 2024

Avocado Market Size in Western Africa

The West African avocado market dropped to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Avocado Production in Western Africa

In value terms, avocado production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Cote d'Ivoire (X tons) remains the largest avocado producing country in Western Africa, accounting for X% of total volume. Moreover, avocado production in Cote d'Ivoire exceeded the figures recorded by the second-largest producer, Ghana (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume in Cote d'Ivoire was relatively modest.

In 2022, the average avocado yield in Western Africa fell to X tons per ha, flattening at 2021. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of avocados production in Western Africa reached X ha, remaining relatively unchanged against the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2020; afterwards, it flattened through to 2022.

Avocado Exports

Exports in Western Africa

In 2022, approx. X tons of avocados were exported in Western Africa; picking up by X% on 2021. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, avocado exports soared to $X in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Cote d'Ivoire (X tons) represented roughly X% of total exports in 2022.

Cote d'Ivoire was also the fastest-growing in terms of the avocados exports, with a CAGR of X% from 2012 to 2022. Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) also remains the largest avocado supplier in Western Africa.

From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire totaled X%.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood 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.

Avocado Imports

Imports in Western Africa

In 2022, after two years of growth, there was significant decline in supplies from abroad of avocados, when their volume decreased by X% to X tons. Over the period under review, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, avocado imports declined notably to $X in 2022. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

Burkina Faso prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Mali (X tons), comprising a X% share of total imports. Cabo Verde (X tons), Mauritania (X tons), Niger (X tons) and Senegal (X tons) followed a long way behind the leaders.

Imports into Burkina Faso increased at an average annual rate of X% from 2012 to 2022. At the same time, Senegal (X%), Niger (X%), Mauritania (X%), Mali (X%) and Cabo Verde (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Mali (X p.p.), Mauritania (X p.p.), Niger (X p.p.) and Senegal (X p.p.) significantly strengthened its position in terms of the total imports, while Burkina Faso saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mali ($X) constitutes the largest market for imported avocados in Western Africa, comprising X% of total imports. The second position in the ranking was held by Cabo Verde ($X), with a X% share of total imports. It was followed by Niger, with a X% share.

In Mali, avocado imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Cabo Verde (X% per year) and Niger (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price, however, posted resilient growth. The pace of growth was the most pronounced in 2017 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then reduced dramatically in the following year.

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 Cabo Verde ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cabo Verde (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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