Western Africa: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Western Africa

The West African peach and nectarine market contracted markedly to $X in 2022, waning by X% against the previous year. The total consumption indicated a perceptible 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. Over the period under review, the market attained the peak level at $X in 2021, and then shrank sharply in the following year.

Peach And Nectarine Production in Western Africa

In value terms, peach and nectarine production stood at $X in 2022 estimated in export price. In general, production, however, saw a tangible increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X,470,850% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Guinea (X kg), Nigeria (X kg) and Guinea-Bissau (X kg), together accounting for X% of total production.

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

Peach And Nectarine Exports

Exports in Western Africa

In 2022, shipments abroad of peaches and nectarines increased by X% to X kg, rising for the second year in a row after four years of decline. In general, exports saw a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X,187%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, peach and nectarine exports skyrocketed to $X in 2022. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X,490% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Senegal dominates exports structure, finishing at X kg, which was near X% of total exports in 2022. It was distantly followed by Cote d'Ivoire (X kg), generating an X% share of total exports.

Senegal experienced a relatively flat trend pattern with regard to volume of exports of peaches and nectarines. Cote d'Ivoire (X%) illustrated a downward trend over the same period. Senegal (X p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire saw its share reduced by X% from 2013 to 2022, respectively.

In value terms, Senegal ($X) emerged as the largest peach and nectarine supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports.

In Senegal, peach and nectarine exports remained relatively stable over the period from 2013-2022.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%).

Peach And Nectarine Imports

Imports in Western Africa

In 2022, imports of peaches and nectarines in Western Africa declined markedly to X tons, which is down by X% against the previous year. In general, imports, however, posted a measured increase. The pace of growth was the most pronounced in 2015 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, peach and nectarine imports shrank dramatically to $X in 2022. Total imports indicated notable growth 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, imports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Cabo Verde (X tons), Cote d'Ivoire (X tons) and Senegal (X tons) represented roughly X% of total imports in 2022. Ghana (X tons), Nigeria (X tons) and Saint Helena, Ascension and Tristan da Cunha (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cabo Verde (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Cabo Verde ($X) and Senegal ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Cabo Verde, with a CAGR of X%, recorded 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 2022, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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