ECOWAS: Non-Chicken Table Egg Market 2024

Non-Chicken Table Egg Market Size in ECOWAS

In 2022, after two years of growth, there was significant decline in the ECOWAS non-chicken table egg market, when its value decreased by X% to $X. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2021, and then fell in the following year.

Non-Chicken Table Egg Production in ECOWAS

In value terms, non-chicken table egg production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Liberia (X tons), Nigeria (X tons) and Cote d'Ivoire (X tons), with a combined X% share of total production. Sierra Leone and Senegal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

Non-Chicken Table Egg Exports

Exports in ECOWAS

In 2022, overseas shipments of table eggs, excluding hen eggs were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a strong increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-chicken table egg exports expanded remarkably to $X in 2022. Overall, exports continue to indicate a temperate increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Nigeria (X tons) and Cote d'Ivoire (X tons) were the largest exporters of table eggs, excluding hen eggs in ECOWAS, together reaching approx. X% of total exports. It was distantly followed by Senegal (X tons), generating a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Senegal ($X) remains the largest non-chicken table egg supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, waning by X% against the previous year. In general, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

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 Senegal ($X per ton), while Nigeria ($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 (X%), while the other leaders experienced a decline in the export price figures.

Non-Chicken Table Egg Imports

Imports in ECOWAS

In 2022, non-chicken table egg imports in ECOWAS dropped to X tons, shrinking by X% on the previous year's figure. Overall, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, non-chicken table egg imports declined to $X in 2022. Over the period under review, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

Guinea-Bissau was the key importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Liberia (X tons), Gambia (X tons) and Sierra Leone (X tons), together generating a X% share of total imports. The following importers - Guinea (X tons) and Cabo Verde (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Liberia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Guinea-Bissau ($X) constitutes the largest market for imported table eggs, excluding hen eggs in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Liberia ($X), with a X% share of total imports. It was followed by Gambia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Guinea-Bissau amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Liberia (X% per year) and Gambia (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. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 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 Cabo Verde ($X per ton), while Sierra Leone ($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 a decline in the import price figures.

Source: IndexBox Platform

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