| Product Code: ETC4707008 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Benin`s import trend for the Benin shrimp market experienced a decline with a growth rate of -4.76% from 2023 to 2024. This negative growth may indicate potential challenges or shifts in demand affecting trade performance.

The Shrimp market in Benin is projected to grow at a high growth rate of 12.20% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Shrimp Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Shrimp Market - Industry Life Cycle |
3.4 Benin Shrimp Market - Porter's Five Forces |
3.5 Benin Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Benin Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Benin Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Benin Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Benin Shrimp Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Benin Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for shrimp in international markets due to its nutritional value and taste |
4.2.2 Growing popularity of shrimp-based dishes in Benin and globally |
4.2.3 Favorable government policies supporting the shrimp farming industry in Benin |
4.3 Market Restraints |
4.3.1 Fluctuating shrimp prices in the global market impacting the profitability of shrimp farmers in Benin |
4.3.2 Environmental concerns related to shrimp farming practices, such as water pollution and habitat destruction |
4.3.3 Competition from other shrimp-exporting countries affecting Benin's market share |
5 Benin Shrimp Market Trends |
6 Benin Shrimp Market Segmentations |
6.1 Benin Shrimp Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Benin Shrimp Market Revenues & Volume, By Gulf Shrimps, 2021-2031F |
6.1.3 Benin Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2021-2031F |
6.1.4 Benin Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2021-2031F |
6.1.5 Benin Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2021-2031F |
6.1.6 Benin Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2021-2031F |
6.1.7 Benin Shrimp Market Revenues & Volume, By Blue Shrimps, 2021-2031F |
6.2 Benin Shrimp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Benin Shrimp Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Benin Shrimp Market Revenues & Volume, By Conventional, 2021-2031F |
6.3 Benin Shrimp Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Benin Shrimp Market Revenues & Volume, By Canned, 2021-2031F |
6.3.3 Benin Shrimp Market Revenues & Volume, By ? Breaded, 2021-2031F |
6.3.4 Benin Shrimp Market Revenues & Volume, By Peeled, 2021-2031F |
6.3.5 Benin Shrimp Market Revenues & Volume, By Cooked & Peeled, 2021-2031F |
6.3.6 Benin Shrimp Market Revenues & Volume, By Shell-On, 2021-2031F |
6.3.7 Benin Shrimp Market Revenues & Volume, By Frozen, 2021-2031F |
6.4 Benin Shrimp Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Benin Shrimp Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Benin Shrimp Market Revenues & Volume, By Indirect, 2021-2031F |
6.5 Benin Shrimp Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Benin Shrimp Market Revenues & Volume, By Food, 2021-2031F |
6.5.3 Benin Shrimp Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.5.4 Benin Shrimp Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.5.5 Benin Shrimp Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 Benin Shrimp Market Revenues & Volume, By Biotechnology, 2021-2031F |
7 Benin Shrimp Market Import-Export Trade Statistics |
7.1 Benin Shrimp Market Export to Major Countries |
7.2 Benin Shrimp Market Imports from Major Countries |
8 Benin Shrimp Market Key Performance Indicators |
8.1 Average selling price per unit of Benin shrimp |
8.2 Percentage of shrimp farms in Benin adopting sustainable farming practices |
8.3 Export volume of Benin shrimp to key international markets |
9 Benin Shrimp Market - Opportunity Assessment |
9.1 Benin Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Benin Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Benin Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Benin Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Benin Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Benin Shrimp Market - Competitive Landscape |
10.1 Benin Shrimp Market Revenue Share, By Companies, 2024 |
10.2 Benin Shrimp Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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