Western Africa: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Western Africa

The West African market for mixed condiments, sauses and seasonings totaled $X in 2023, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked in 2023 and is likely to continue growth in the immediate term.

Production of Mixed Condiments, Sauses and Seasonings in Western Africa

In value terms, mixed condiment, sause and seasoning production amounted to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. 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 2016; afterwards, it flattened through to 2023.

Exports of Mixed Condiments, Sauses and Seasonings

Exports in Western Africa

In 2023, approx. X tons of mixed condiments, sauses and seasonings were exported in Western Africa; picking up by X% on the previous year. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are likely to see steady growth in years to come.

In value terms, mixed condiment, sause and seasoning exports soared to $X in 2023. Over the period under review, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

In 2023, Ghana (X tons), distantly followed by Senegal (X tons), Cote d'Ivoire (X tons), Nigeria (X tons) and Togo (X tons) represented the key exporters of mixed condiments, sauses and seasonings, together making up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Ghana (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) emerged as the largest mixed condiment, sause and seasoning supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Ghana totaled X%. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Togo ($X per ton) and Ghana ($X per ton), while Senegal ($X per ton) and Cote d'Ivoire ($X per ton) were amongst the lowest.

From 2012 to 2023, 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.

Imports of Mixed Condiments, Sauses and Seasonings

Imports in Western Africa

In 2023, purchases abroad of mixed condiments, sauses and seasonings decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, saw noticeable growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, mixed condiment, sause and seasoning imports dropped sharply to $X in 2023. Overall, imports, however, enjoyed temperate growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Guinea (X tons), distantly followed by Liberia (X tons), Ghana (X tons), Nigeria (X tons), Sierra Leone (X tons), Burkina Faso (X tons), Senegal (X tons), Mali (X tons) and Gambia (X tons) represented the main importers of mixed condiments, sauses and seasonings, together mixing up X% of total imports. Niger (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Mali (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Guinea ($X), Nigeria ($X) and Senegal ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Liberia, Sierra Leone, Ghana, Mali, Gambia, Niger and Burkina Faso lagged somewhat behind, together comprising a further X%.

Mali, with a CAGR of X%, saw the highest growth rate of 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 2023, the import price in Western Africa amounted to $X per ton, waning by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform