Western Africa: Preserved Tomato Market 2024

Preserved Tomato Market Size in Western Africa

The West African preserved tomato market rose modestly to $X in 2023, increasing by X% against the previous year. Overall, consumption continues to indicate a strong increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Preserved Tomato Production in Western Africa

In value terms, preserved tomato production stood at $X in 2023 estimated in export price. In general, production, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Preserved Tomato Exports

Exports in Western Africa

Preserved tomato exports expanded rapidly to X tons in 2023, with an increase of X% against the previous year. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, preserved tomato exports shrank slightly to $X in 2023. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then dropped in the following year.

Exports by Country

In 2023, Niger (X tons) was the key exporter of preserved tomatoes, comprising X% of total exports. Liberia (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (X%) and Nigeria (X%). Senegal (X tons) followed a long way behind the leaders.

Exports from Niger increased at an average annual rate of X% from 2012 to 2023. At the same time, Liberia (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Liberia emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2023. By contrast, Nigeria (X%) and Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Niger and Liberia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Niger ($X) remains the largest preserved tomato supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Liberia ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Niger totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Liberia (X% per year) and Nigeria (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Niger ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Preserved Tomato Imports

Imports in Western Africa

In 2023, overseas purchases of preserved tomatoes increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. Over the period under review, imports saw a modest expansion. The pace of growth was the most pronounced in 2015 when imports increased by X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, preserved tomato imports shrank slightly to $X in 2023. Total imports indicated noticeable 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, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Mauritania dominates imports structure, accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by Cote d'Ivoire (X tons) and Nigeria (X tons), together making up a X% share of total imports. The following importers - Senegal (X tons), Saint Helena, Ascension and Tristan da Cunha (X tons), Cabo Verde (X tons), Ghana (X tons), Mali (X tons), Guinea (X tons) and Benin (X tons) - together made up X% of total imports.

Imports into Mauritania increased at an average annual rate of X% from 2012 to 2023. At the same time, Benin (X%), Saint Helena, Ascension and Tristan da Cunha (X%), Guinea (X%), Senegal (X%) and Mali (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. Ghana and Nigeria experienced a relatively flat trend pattern. By contrast, Cabo Verde (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Mauritania (X p.p.), Saint Helena, Ascension and Tristan da Cunha (X p.p.) and Benin (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Nigeria (X p.p.), Cabo Verde (X p.p.) and Cote d'Ivoire (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saint Helena, Ascension and Tristan da Cunha ($X), Mauritania ($X) and Cote d'Ivoire ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports.

In terms of the main importing countries, Saint Helena, Ascension and Tristan da Cunha, with a CAGR of X%, saw 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

The import price in Western Africa stood at $X per ton in 2023, falling by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2022 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Saint Helena, Ascension and Tristan da Cunha ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saint Helena, Ascension and Tristan da Cunha (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform