Western Africa: Ginger Market 2024

Ginger Market Size in Western Africa

The West African ginger market reduced to $X in 2022, falling by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Ginger Production in Western Africa

In value terms, ginger production surged to $X in 2022 estimated in export price. Overall, production recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Nigeria (X tons) constituted the country with the largest volume of ginger production, accounting for X% of total volume. Moreover, ginger production in Nigeria exceeded the figures recorded by the second-largest producer, Mali (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Nigeria totaled X%.

The average ginger yield declined to X tons per ha in 2022, waning by X% compared with the year before. Over the period under review, the yield, however, saw a resilient increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the ginger yield reached the peak level at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The ginger harvested area shrank to X ha in 2022, approximately equating the previous year. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Ginger Exports

Exports in Western Africa

In 2022, overseas shipments of ginger increased by X% to X tons, rising for the sixth consecutive year after three years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, ginger exports soared to $X in 2022. In general, exports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria was the largest exporter of ginger in Western Africa, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Cote d'Ivoire (X tons), comprising a X% share of total exports.

Nigeria experienced a relatively flat trend pattern with regard to volume of exports of ginger. At the same time, Cote d'Ivoire (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. From 2012 to 2022, the share of Cote d'Ivoire increased by X percentage points.

In value terms, Nigeria ($X) remains the largest ginger supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports.

In Nigeria, ginger exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, leveling off at the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%).

Ginger Imports

Imports in Western Africa

In 2022, after two years of decline, there was significant growth in supplies from abroad of ginger, when their volume increased by X% to X tons. In general, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, ginger imports surged to $X in 2022. Overall, imports saw temperate growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Mali represented the major importer of ginger in Western Africa, with the volume of imports resulting at 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 Nigeria (X%), Senegal (X%), Benin (X%) and Niger (X%). Ghana (X tons) followed a long way behind the leaders.

Mali was also the fastest-growing in terms of the ginger imports, with a CAGR of X% from 2012 to 2022. At the same time, Ghana (X%), Burkina Faso (X%) and Benin (X%) displayed positive paces of growth. Niger experienced a relatively flat trend pattern. By contrast, Senegal (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of Mali (X p.p.) and Burkina Faso (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Benin (X p.p.), Niger (X p.p.), Senegal (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ginger importing markets in Western Africa were Nigeria ($X), Ghana ($X) and Mali ($X), together accounting for X% of total imports.

Mali, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 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 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 Ghana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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