ECOWAS: Mango And Mangosteen Market 2024

Mango And Mangosteen Market Size in ECOWAS

The ECOWAS mango and mangosteen market contracted to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Mango And Mangosteen Production in ECOWAS

In value terms, mango and mangosteen production reduced to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible expansion. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Nigeria (X tons), Mali (X tons) and Guinea (X tons), together comprising X% of total production. Niger, Senegal, Cote d'Ivoire and Ghana lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Cote d'Ivoire (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average mango and mangosteen yield reduced slightly to X tons per ha in 2022, remaining relatively unchanged against 2021 figures. In general, the yield continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the mango and mangosteen yield reached the maximum level at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of mangoes, mangosteens and guavas were harvested in ECOWAS; stabilizing at the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to mango and mangosteen production reached the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Mango And Mangosteen Exports

Exports in ECOWAS

In 2022, approx. X tons of mangoes, mangosteens and guavas were exported in ECOWAS; which is down by X% on 2021 figures. Overall, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, mango and mangosteen exports fell to $X in 2022. In general, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, Cote d'Ivoire (X tons) represented the major exporter of mangoes, mangosteens and guavas, creating X% of total exports. Senegal (X tons) ranks second in terms of the total exports with a X% share, followed by Mali (X%) and Burkina Faso (X%).

Cote d'Ivoire was also the fastest-growing in terms of the mangoes, mangosteens and guavas exports, with a CAGR of X% from 2012 to 2022. At the same time, Mali (X%), Senegal (X%) and Burkina Faso (X%) displayed positive paces of growth. Cote d'Ivoire (X p.p.) and Mali (X p.p.) significantly strengthened its position in terms of the total exports, 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, the largest mango and mangosteen supplying countries in ECOWAS were Burkina Faso ($X), Cote d'Ivoire ($X) and Senegal ($X), with a combined X% share of total exports.

Burkina Faso, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Burkina Faso ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (X%), while the other leaders experienced a decline in the export price figures.

Mango And Mangosteen Imports

Imports in ECOWAS

In 2022, the amount of mangoes, mangosteens and guavas imported in ECOWAS contracted modestly to X tons, which is down by X% compared with the year before. In general, imports, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, mango and mangosteen imports shrank modestly to $X in 2022. Overall, imports, however, posted noticeable growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped slightly in the following year.

Imports by Country

Ghana dominates imports structure, recording X tons, which was approx. X% of total imports in 2022. Burkina Faso (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Cote d'Ivoire (X%). Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mango and mangosteen imports into Ghana stood at X%. At the same time, Burkina Faso (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. Cote d'Ivoire experienced a relatively flat trend pattern. Ghana (X p.p.), Burkina Faso (X p.p.) and Nigeria (X p.p.) significantly strengthened its position in terms of the total imports, while Cote d'Ivoire saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Ghana ($X) constitutes the largest market for imported mangoes, mangosteens and guavas in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a 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 Nigeria ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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