Updated Jan 22, 2023 17:54

Rabbit Meat Market in Western Africa

Market Overview
The West African rabbit meat market fell to $ in , with a decrease 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 relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.

In value terms, rabbit meat production reduced to $ in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2008 with an increase of %. The level of production peaked at $ in 2018; however, from 2019 to , production failed to regain momentum.

The country with the largest volume of rabbit meat production was Sierra Leone ( tons), accounting for % of total volume. It was followed by Ghana ( tons), with a % share of total production.

In Sierra Leone, rabbit meat production remained relatively stable over the period from 2007-.

In , the average rabbit meat yield in Western Africa reached kg per head, flattening at the year before. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2009 with an increase of %. The level of yield peaked at kg per head in ; afterwards, it flattened through to .

In , approx. heads of animals slaughtered for rabbit meat production in Western Africa; leveling off at the year before. In general, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of % against the previous year. The level of producing animals peaked at heads in 2014; however, from 2015 to , producing animals remained at a lower figure.


Consumption
In , the amount of rabbit or hare meat consumed in Western Africa was estimated at tons, leveling off at the year before. Overall, consumption showed a relatively flat trend pattern. Over the period under review, consumption attained the maximum volume at tons in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.

The value of the rabbit meat market in Western Africa contracted modestly to $ in , dropping 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 somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.


Consumption by Country
Sierra Leone ( tons) constituted the country with the largest volume of rabbit meat consumption, comprising approx. % of total volume. It was followed by Ghana ( tons), with a % share of total consumption.

In Sierra Leone, rabbit meat consumption remained relatively stable over the period from 2007-.

In value terms, Sierra Leone ($) led the market, alone. The second position in the ranking was held by Ghana ($).

In Sierra Leone, the rabbit meat market increased at an average annual rate of +% over the period from 2007-.

From 2007 to , the average annual growth rate of the rabbit meat per capita consumption in Sierra Leone amounted to -%.


Market Forecast
Driven by increasing demand for rabbit 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 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 .