Beef Market in Western Africa
Market Overview
In 
, the West African beef market decreased by -% to $ for the first time since 2018, thus ending a three-year rising trend. The total consumption indicated a slight increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a somewhat lower figure.
In value terms, beef production declined slightly to $ in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by %. The level of production peaked at $ in 2019; afterwards, it flattened through to .
Nigeria ( tons) remains the largest beef producing country in Western Africa, accounting for % of total volume. Moreover, beef production in Nigeria exceeded the figures recorded by the second-largest producer, Guinea ( tons), threefold. Burkina Faso ( tons) ranked third in terms of total production with a % share.
In Nigeria, beef production remained relatively stable over the period from 2007-. The remaining producing countries recorded the following average annual rates of production growth: Guinea (+% per year) and Burkina Faso (-% per year).
The average beef yield reached kg per head in , remaining relatively unchanged against the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the yield increased by % against the previous year. As a result, the yield reached the peak level of kg per head. From 2014 to , the growth of the beef yield failed to regain momentum.
The global number of animals slaughtered for beef production declined to heads in , approximately reflecting the previous year. This number increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of %. The level of producing animals peaked at heads in , and then reduced slightly in the following year.
, the West African beef market decreased by -% to $ for the first time since 2018, thus ending a three-year rising trend. The total consumption indicated a slight increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a somewhat lower figure.In value terms, beef production declined slightly to $
in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by %. The level of production peaked at $ in 2019; afterwards, it flattened through to .Nigeria (
tons) remains the largest beef producing country in Western Africa, accounting for % of total volume. Moreover, beef production in Nigeria exceeded the figures recorded by the second-largest producer, Guinea ( tons), threefold. Burkina Faso ( tons) ranked third in terms of total production with a % share.In Nigeria, beef production remained relatively stable over the period from 2007-
. The remaining producing countries recorded the following average annual rates of production growth: Guinea (+% per year) and Burkina Faso (-% per year).The average beef yield reached
kg per head in , remaining relatively unchanged against the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the yield increased by % against the previous year. As a result, the yield reached the peak level of kg per head. From 2014 to , the growth of the beef yield failed to regain momentum.The global number of animals slaughtered for beef production declined to
heads in , approximately reflecting the previous year. This number increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of %. The level of producing animals peaked at heads in , and then reduced slightly in the following year.Consumption
Beef consumption totaled tons in , approximately reflecting the previous year's figure. Overall, consumption showed mild growth. As a result, consumption reached the peak volume of tons. From 2016 to , the growth of the consumption remained at a lower figure.
The size of the beef market in Western Africa declined to $ in , approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated mild growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a lower figure.
tons in , approximately reflecting the previous year's figure. Overall, consumption showed mild growth. As a result, consumption reached the peak volume of tons. From 2016 to , the growth of the consumption remained at a lower figure.The size of the beef market in Western Africa declined to $
in , approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated mild growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a lower figure.Consumption by Country
Nigeria ( tons) constituted the country with the largest volume of beef consumption, comprising approx. % of total volume. Moreover, beef consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Guinea ( tons), threefold. Burkina Faso ( tons) ranked third in terms of total consumption with a % share.
From 2007 to, the average annual rate of growth in terms of volume in Nigeria was relatively modest. In the other countries, the average annual rates were as follows: Guinea (+% per year) and Burkina Faso (-% per year).
In value terms, Nigeria ($), Guinea ($) and Niger ($) were the countries with the highest levels of market value in , together accounting for % of the total market.
Among the main consuming countries, Guinea, with a CAGR of +%, saw the highest growth rate of market size over the period under review, while market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of beef per capita consumption in were Guinea ( kg per person), Senegal ( kg per person) and Burkina Faso ( kg per person).
From 2007 to, the biggest increases were recorded for Guinea (with a CAGR of +%), while consumption for the other leaders experienced mixed trends in the per capita consumption figures.
tons) constituted the country with the largest volume of beef consumption, comprising approx. % of total volume. Moreover, beef consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Guinea ( tons), threefold. Burkina Faso ( tons) ranked third in terms of total consumption with a % share.From 2007 to
, the average annual rate of growth in terms of volume in Nigeria was relatively modest. In the other countries, the average annual rates were as follows: Guinea (+% per year) and Burkina Faso (-% per year).In value terms, Nigeria ($
), Guinea ($) and Niger ($) were the countries with the highest levels of market value in , together accounting for % of the total market.Among the main consuming countries, Guinea, with a CAGR of +
%, saw the highest growth rate of market size over the period under review, while market for the other leaders experienced more modest paces of growth.The countries with the highest levels of beef per capita consumption in
were Guinea ( kg per person), Senegal ( kg per person) and Burkina Faso ( kg per person).From 2007 to
, the biggest increases were recorded for Guinea (with a CAGR of +%), while consumption for the other leaders experienced mixed trends in the per capita consumption figures.Market Forecast
Driven by increasing demand for beef (cattle meat) in Western Africa, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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