Sucrose in solid form market in Western Africa

Earlier Report Observations

The market volume for chemically pure sucrose in solid form in Western Africa grew from 3 723 thousand metric tons in 2018 to 4 185 thousand metric tons in 2023. Expansion was strongest through 2020, reaching a peak of 4 180 thousand metric tons in 2021, after which volumes stabilized with minor year-to-year variations.

In value terms, the market contracted to $1 797 million USD in 2019 before recovering steadily to $2 646 million USD by 2023. The rebound in market value coincided with rising import prices and shifts in the product composition over the period.

Preliminary 2024 trade data shows continued growth in import volumes, reaching 2 583 thousand metric tons, supported by global trends such as increasing consumer demand for natural, clean-label ingredients in food and pharmaceuticals and ongoing adjustments in global sugar supply chains.

Production sucrose in solid form in Western Africa

In kind, 2017-2020, K t

Top producers of sucrose in solid form, 2017-2020

World map of production of sucrose in solid form, 2017-2020

Western Africa's production of sucrose in solid form saw growth for two consecutive years before declining. In 2019, production reached its peak at 1 959 K t, marking a significant increase of 9.8% from the previous year. However, by 2020, production had dropped to 1 946 K t, a slight decrease of 0.7% compared to 2019. Over the entire period from 2017 to 2020, production rose by 18.1%, with an average annual growth rate of 5.7%.

Annual dynamics of production in Western Africa in kind, 2017-2020, K t

Exports sucrose in solid form from Western Africa

Exports in kind, K t

The export market for sucrose in solid form from Western Africa experienced notable fluctuations during this period. In 2017, exports were at their lowest point, while they peaked in 2019 at 48 K t, showing a 5.1-fold difference between these years. In 2020, exports fell sharply to 28 K t, a decrease of 41.6% compared to 2019. The largest increase occurred in 2018, with a dramatic rise of 245.9%.

Annual dynamics of product's exports from Western Africa in kind, 2017-2020, K t

From 2017 to 2020, Chad was the primary destination for sucrose in solid form exports from Western Africa, accounting for 1.8% of the total export volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Western Africa in kind, 2017-2020

Exports in value, M $ US

The value of sucrose in solid form exports from Western Africa showed considerable volatility over these years. In 2017, export values hit their minimum, while they reached a maximum in 2019 at 30.4 M $ US, reflecting a 2.3-fold increase. In 2020, export values declined to 17.3 M $ US, down 43.1% year-over-year. The most significant increase was recorded in 2018, with a rise of 124.6%.

Annual dynamics of product's exports from Western Africa in value, 2017-2020, M $ US

Throughout 2017 to 2020, Chad remained the leading buyer of sucrose in solid form from Western Africa in value terms, holding a 4.8% share of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Western Africa in value, 2017-2020

Imports sucrose in solid form to Western Africa

Imports in kind, K t

Imports of sucrose in solid form into Western Africa increased for the third year in a row. In 2020, imports reached 2 248 K t, up 4.3% compared to the previous year. Over the period from 2017 to 2020, imports grew by 18.4%, with an average annual growth rate of 5.8%.

Annual dynamics of product's imports to Western Africa in kind, 2017-2020, K t

Between 2017 and 2020, the three largest sources for sucrose in solid form imports into Western Africa were Brazil, Guatemala, and France, which together accounted for 75.3% of the total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Western Africa in kind, 2017-2020

Imports in value, M $ US

After declining for two years, the value of sucrose in solid form imports into Western Africa rebounded. In 2019, import values were at their lowest point of 590.0 M $ US, marking an 8.8% decrease from the previous year. However, in 2020, imports surged to {value_last_year} M $ US, a sharp increase of 35.2% year-over-year. Overall, from 2017 to 2020, import values rose by 13.9%, with an average annual growth rate of 4.4%.

Annual dynamics of product's imports to Western Africa in value, 2017-2020, M $ US

From 2017 to 2020, Brazil, France, and Guatemala were the main sources of sucrose in solid form imports into Western Africa in value terms. Brazil led with 59.5% of the total import value, followed by France and Guatemala, each with 8.1%. Together, these three countries accounted for 75.7% of the total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Western Africa in value, 2017-2020