ECOWAS: Mixed Juices Market 2024

Mixed Juices Market Size in ECOWAS

The ECOWAS mixed juices market declined to $X in 2022, remaining constant against the previous year. In general, consumption continues to indicate a perceptible reduction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Mixed Juices Production in ECOWAS

In value terms, mixed juices production totaled $X in 2022 estimated in export price. Overall, production recorded a noticeable downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Mixed Juices Exports

Exports in ECOWAS

In 2022, the amount of mixtures of fruit and vegetable juices exported in ECOWAS declined to X tons, which is down by X% on the year before. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mixed juices exports declined to $X in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X tons) and Senegal (X tons) represented the major exporters of mixtures of fruit and vegetable juices in 2022, accounting for near X% and X% of total exports, respectively. Cote d'Ivoire (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Togo (X%). Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X) remains the largest mixed juices supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

In Senegal, mixed juices exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Ghana (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, shrinking by X% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price 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, mixed juices export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Mixed Juices Imports

Imports in ECOWAS

In 2022, the amount of mixtures of fruit and vegetable juices imported in ECOWAS fell significantly to X tons, declining by X% against the previous year's figure. Over the period under review, imports continue to indicate a slight decline. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, mixed juices imports fell slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of import peaked at $X in 2021, and then dropped modestly in the following year.

Imports by Country

Ghana represented the largest importing country with an import of about X tons, which resulted at X% of total imports. Senegal (X tons) ranks second in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%), Mali (X%), Burkina Faso (X%) and Guinea-Bissau (X%). Guinea (X tons), Gambia (X tons), Nigeria (X tons), Niger (X tons), Cabo Verde (X tons) and Togo (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mixed juices imports into Ghana stood at X%. At the same time, Guinea-Bissau (X%), Mali (X%), Cote d'Ivoire (X%), Senegal (X%), Burkina Faso (X%), Niger (X%) and Cabo Verde (X%) displayed positive paces of growth. Moreover, Guinea-Bissau emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Guinea (X%), Togo (X%), Gambia (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.), Cote d'Ivoire (X p.p.), Guinea-Bissau (X p.p.), Mali (X p.p.), Burkina Faso (X p.p.) and Niger (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Gambia (X p.p.), Nigeria (X p.p.) and Ghana (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mixed juices importing markets in ECOWAS were Ghana ($X), Cote d'Ivoire ($X) and Senegal ($X), with a combined X% share of total imports. Nigeria, Mali, Guinea-Bissau, Guinea, Gambia, Niger, Cabo Verde, Burkina Faso and Togo lagged somewhat behind, together comprising a further X%.

Guinea-Bissau, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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

The import price in ECOWAS stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price 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, mixed juices import price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 Nigeria ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gambia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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