Western Africa: Sugar Cane Market 2024

Sugar Cane Market Size in Western Africa

The West African sugar cane market expanded modestly to $X in 2022, surging by X% against the previous year. Overall, consumption saw a noticeable setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sugar Cane Production in Western Africa

In value terms, sugar cane production expanded notably to $X in 2022 estimated in export price. In general, production continues to indicate a deep reduction. The growth pace was the most rapid 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 Cote d'Ivoire (X tons), Nigeria (X tons) and Senegal (X tons), with a combined X% share of total production. Mali, Niger, Burkina Faso and Guinea 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 Niger (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of sugar cane in Western Africa fell slightly to X tons per ha, therefore, remained relatively stable against 2021. Over the period under review, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. The level of yield peaked at X tons per ha in 2021, and then reduced modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the sugar cane harvested area in Western Africa was estimated at X ha, approximately reflecting 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. The level of harvested area peaked in 2022 and is expected to retain growth in the near future.

Sugar Cane Exports

Exports in Western Africa

In 2022, overseas shipments of sugar cane decreased by X% to X tons, falling for the third consecutive year after three years of growth. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, sugar cane exports dropped to $X in 2022. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Niger dominates exports structure, recording X tons, which was near X% of total exports in 2022. Nigeria (X tons) followed a long way behind the leaders.

Niger was also the fastest-growing in terms of the sugar cane exports, with a CAGR of X% from 2012 to 2022. At the same time, Nigeria (X%) displayed positive paces of growth. From 2012 to 2022, the share of Niger increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) and Niger ($X) were the countries with the highest levels of exports in 2022.

Niger, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, falling by X% against the previous year. Overall, the export price recorded a dramatic decrease. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices remained at a 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 Nigeria ($X per ton), while Niger totaled $X per ton.

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

Sugar Cane Imports

Imports in Western Africa

After two years of decline, supplies from abroad of sugar cane increased by X% to X tons in 2022. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, sugar cane imports declined to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Nigeria dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. Niger (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the sugar cane imports, with a CAGR of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%) displayed positive paces of growth. By contrast, Niger (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria and Cote d'Ivoire increased by X and X percentage points, respectively.

In value terms, Nigeria ($X) constitutes the largest market for imported sugar cane in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Niger ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price faced a abrupt slump. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :