Updated Mar 12, 2023 05:21

Market for Horse, Mule and Donkey Meat in Western Africa

Market Overview
The West African market for horse, mule and donkey meat expanded modestly to $ in , surging by % against 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 market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $ in ; however, from to , consumption failed to regain momentum.

In value terms, horse, mule and donkey meat production totaled $ 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 growth pace was the most rapid in 2018 with an increase of %. As a result, production attained the peak level of $. From 2019 to , production growth failed to regain momentum.

The countries with the highest volumes of production in were Niger ( tons), Senegal ( tons) and Mali ( tons), with a combined % share of total production.

From 2007 to , the biggest increases were recorded for Mali (with a CAGR of +%), while production for the other leaders experienced more modest paces of growth.

The average horse, mule and donkey meat yield fell slightly to kg per head in , dropping by -% on the year before. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in when the yield increased by % against the previous year. As a result, the yield reached the peak level of kg per head, and then dropped modestly in the following year.

In , the number of animals slaughtered for horse, mule and donkey meat production in Western Africa rose to heads, growing by % compared with the previous year. Overall, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in when the number of producing animals increased by %. As a result, the amount of animals produced attained the peak level of heads. From to , the growth of this number failed to regain momentum.


Consumption
In , consumption of horse, mule and donkey meat decreased by less than % to tons for the first time since 2014, thus ending a seven-year rising trend. The total consumption volume increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in with an increase of % against the previous year. The volume of consumption peaked at tons in , and then reduced modestly in the following year.

The revenue of the market for horse, mule and donkey meat in Western Africa rose modestly to $ in , with an increase of % against 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 market value increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $ in ; however, from to , consumption remained at a lower figure.


Consumption by Country
The countries with the highest volumes of consumption in were Niger ( tons), Senegal ( tons) and Mali ( tons), together accounting for % of total consumption.

From 2007 to , the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Mali (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest horse, mule and donkey meat markets in Western Africa were Niger ($), Senegal ($) and Mali ($), with a combined % share of the total market.

Mali, with a CAGR of +%, recorded the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other leaders experienced more modest paces of growth.

The countries with the highest levels of horse, mule and donkey meat per capita consumption in were Mauritania ( kg per persons), Senegal ( kg per persons) and Niger ( kg per persons).

From 2007 to , the biggest increases were recorded for Mali (with a CAGR of -%), while consumption for the other leaders experienced a decline in the per capita consumption figures.


Market Forecast
Driven by increasing demand for horse, mule and donkey meat in Western Africa, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, 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 .