Western Africa: Cow Peas Market 2024

Cow Peas Market Size in Western Africa

The West African cow peas market totaled $X in 2022, almost unchanged from the previous year. In general, consumption, however, saw a slight curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Cow Peas Production in Western Africa

In value terms, cow peas production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible decrease. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Nigeria (X tons), Niger (X tons) and Burkina Faso (X tons), with a combined X% share of total production. Ghana, Mali 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.

The average cow peas yield soared to X kg per ha in 2022, with an increase of X% on the year before. Overall, the yield, however, saw a slight descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of yield peaked at X kg per ha in 2012; however, from 2013 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.

The cow peas harvested area rose modestly to X ha in 2022, increasing by X% on 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of harvested area peaked in 2022 and is likely to continue growth in the near future.

Cow Peas Exports

Exports in Western Africa

After two years of growth, shipments abroad of cow peas (dry) decreased by X% to X tons in 2022. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, cow peas exports shrank significantly to $X in 2022. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Niger (X tons) ranks second in terms of the total exports with a X% share, followed by Ghana (X%). Cote d'Ivoire (X tons), Burkina Faso (X tons) and Mali (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cow peas exports from Nigeria stood at X%. At the same time, Cote d'Ivoire (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Mali (X%), Niger (X%) and Burkina Faso (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Ghana (X p.p.) and Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total exports, while Niger and Burkina Faso saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) emerged as the largest cow peas supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports. It was followed by Niger, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria totaled X%. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Niger (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

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

Cow Peas Imports

Imports in Western Africa

Cow peas imports declined significantly to X tons in 2022, which is down by X% against 2021. Over the period under review, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cow peas imports reduced to $X in 2022. In general, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Cabo Verde was the key importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Cote d'Ivoire (X tons) and Benin (X tons), together constituting a X% share of total imports. Nigeria (X tons), Mali (X tons), Mauritania (X tons) and Liberia (X tons) followed a long way behind the leaders.

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

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

From 2012 to 2022, the average annual growth rate of value in Cabo Verde stood at X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Mauritania (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, showed a mild slump. The growth pace was the most rapid in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, 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 ($X per ton), while Benin ($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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