Western Africa: Tomato Juice Market 2024

Tomato Juice Market Size in Western Africa

The West African tomato juice market was estimated at $X in 2023, increasing by X% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market remained at a lower figure.

Tomato Juice Production in Western Africa

In value terms, tomato juice production dropped rapidly to $X in 2023 estimated in export price. Overall, production faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 with a decrease of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Tomato Juice Exports

Exports in Western Africa

After five years of decline, overseas shipments of tomato juice increased by X% to X tons in 2023. Overall, exports saw a temperate increase. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, tomato juice exports skyrocketed to $X in 2023. Over the period under review, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Ghana was the largest exporter of tomato juice in Western Africa, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. It was distantly followed by Senegal (X kg), comprising a X% share of total exports.

Ghana was also the fastest-growing in terms of the tomato juice exports, with a CAGR of X% from 2012 to 2023. Senegal (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Ghana increased by X percentage points.

In value terms, the largest tomato juice supplying countries in Western Africa were Ghana ($X) and Senegal ($X).

Ghana, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2023, the export price in Western Africa amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Ghana amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Senegal (X%).

Tomato Juice Imports

Imports in Western Africa

In 2023, the amount of tomato juice imported in Western Africa shrank modestly to X tons, standing approx. at 2022 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2023, the growth of imports remained at a lower figure.

In value terms, tomato juice imports expanded rapidly to $X in 2023. Overall, imports, however, enjoyed mild growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Ghana represented the main importer of tomato juice in Western Africa, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. It was distantly followed by Guinea (X tons), Liberia (X tons), Mali (X tons), Cote d'Ivoire (X tons) and Cabo Verde (X tons), together creating a X% share of total imports. Senegal (X tons) held a little share of total imports.

Imports into Ghana increased at an average annual rate of X% from 2012 to 2023. At the same time, Mali (X%) and Guinea (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. Liberia experienced a relatively flat trend pattern. By contrast, Senegal (X%), Cabo Verde (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Ghana (X p.p.), Guinea (X p.p.) and Mali (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Senegal (X p.p.), Cabo Verde (X p.p.) and Cote d'Ivoire (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported tomato juice in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Liberia ($X), with an X% share of total imports. It was followed by Guinea, with an X% share.

In Ghana, tomato juice imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Liberia (X% per year) and Guinea (X% per year).

Import Prices by Country

In 2023, the import price in Western Africa amounted to $X per ton, rising by X% against the previous year. Import price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, tomato juice import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform