ECOWAS: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in ECOWAS

In 2022, the ECOWAS market for concentrated lemon and other citrus fruit juice was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption saw a mild descent. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Concentrated Lemon And Other Citrus Fruit Juice in ECOWAS

In value terms, production of concentrated lemon and other citrus fruit juice soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports in ECOWAS

In 2022, the amount of concentrated lemon and other citrus fruit juice exported in ECOWAS skyrocketed to X tons, jumping by X% on 2021. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of concentrated lemon and other citrus fruit juice soared to $X in 2022. Over the period under review, exports showed a strong increase. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

Burkina Faso dominates juice structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Niger (X tons), making up a X% share of total exports. Nigeria (X tons) and Senegal (X tons) followed a long way behind the leaders.

Exports from Burkina Faso increased at an average annual rate of X% from 2012 to 2022. At the same time, Niger (X%), Senegal (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Burkina Faso and Niger increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Burkina Faso ($X) remains the largest concentrated lemon and other citrus fruit juice supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with an X% share of total exports. It was followed by Senegal, with a X% share.

In Burkina Faso, exports of concentrated lemon and other citrus fruit juice increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Senegal (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. The level of export peaked 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 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 Nigeria (X%), while the other leaders experienced a decline in the export price figures.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports in ECOWAS

Imports of concentrated lemon and other citrus fruit juice contracted to X tons in 2022, dropping by X% compared with the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of concentrated lemon and other citrus fruit juice dropped to $X in 2022. Over the period under review, imports saw a perceptible curtailment. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Senegal represented the major importer of concentrated lemon and other citrus fruit juice in ECOWAS, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Cote d'Ivoire (X tons), Burkina Faso (X tons), Ghana (X tons) and Togo (X tons), together creating a X% share of total imports. Niger (X tons) and Mali (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 key 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, Senegal ($X) constitutes the largest market for imported concentrated lemon and other citrus fruit juice in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Senegal totaled X%. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price saw a noticeable descent. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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