ECOWAS: Apple Juice Market 2024

Apple Juice Market Size in ECOWAS

The ECOWAS apple juice market reached $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption saw prominent growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Apple Juice Production in ECOWAS

In value terms, apple juice production amounted to $X in 2022 estimated in export price. Overall, production enjoyed noticeable growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Apple Juice Exports

Exports in ECOWAS

Apple juice exports reached X tons in 2022, remaining stable against the previous year's figure. Over the period under review, exports showed a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, apple juice exports declined to $X in 2022. In general, exports posted a prominent expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Senegal was the key exporting country with an export of around X tons, which resulted at X% of total exports. Cote d'Ivoire (X tons) ranks second in terms of the total exports with a X% share, followed by Nigeria (X%). Ghana (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to apple juice exports from Senegal stood at X%. At the same time, Cote d'Ivoire (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.), Cote d'Ivoire (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Nigeria (X p.p.) displayed negative dynamics.

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

In Senegal, apple juice exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Nigeria (X% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, shrinking by X% against the previous year. In general, the export price, however, continues to indicate notable growth. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then fell in the following year.

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 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.

Apple Juice Imports

Imports in ECOWAS

In 2022, after four years of growth, there was significant decline in overseas purchases of apple juice (single strength), when their volume decreased by X% to X tons. Overall, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then fell notably in the following year.

In value terms, apple juice imports reduced remarkably to $X in 2022. Over the period under review, imports, however, showed a tangible increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Ghana (X tons), Nigeria (X tons), Mali (X tons), Cabo Verde (X tons) and Senegal (X tons) represented the main importer of apple juice (single strength) in ECOWAS, committing X% of total import. Guinea (X tons) and Sierra Leone (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 Mali (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest apple juice importing markets in ECOWAS were Nigeria ($X), Ghana ($X) and Mali ($X), together accounting for X% of total imports.

Mali, with a CAGR of X%, saw the highest rates of growth with regard to 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, jumping by X% against the previous year. In general, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 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 Nigeria ($X per ton), while Sierra Leone ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :