Cote d'Ivoire: Canned Mushroom Market 2024

Canned Mushroom Market Size in Cote d'Ivoire

The Cote d'Ivoire's canned mushroom market soared to $X in 2022, jumping by 21% 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). In general, consumption continues to indicate a buoyant expansion. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Canned Mushroom Exports

Exports from Cote d'Ivoire

In 2022, shipments abroad of canned mushrooms decreased by -22.2% to X kg, falling for the fifth consecutive year after four years of growth. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by 53%. Over the period under review, the exports reached the maximum at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, canned mushroom exports dropped to $X in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 49%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Niger (X kg) was the main destination for canned mushroom exports from Cote d'Ivoire, with a 88% share of total exports. Moreover, canned mushroom exports to Niger exceeded the volume sent to the second major destination, France (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Niger stood at -12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-1.2% per year) and Canada (-5.2% per year).

In value terms, Niger ($X) remains the key foreign market for canned mushrooms exports from Cote d'Ivoire, comprising 61% of total exports. The second position in the ranking was held by France ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Niger totaled -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+14.8% per year) and Canada (-8.2% per year).

Export Prices by Country

The average canned mushroom export price stood at $X per ton in 2022, picking up by 15% against the previous year. Over the period under review, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 62% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Canned Mushroom Imports

Imports into Cote d'Ivoire

Canned mushroom imports into Cote d'Ivoire surged to X tons in 2022, growing by 22% on the year before. Over the period under review, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 70% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, canned mushroom imports soared to $X in 2022. In general, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), China (X tons) and France (X tons) were the main suppliers of canned mushroom imports to Cote d'Ivoire, with a combined 84% share of total imports. Poland, Bulgaria, the United Arab Emirates and Spain lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +56.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest canned mushroom suppliers to Cote d'Ivoire were China ($X), the Netherlands ($X) and France ($X), together comprising 87% of total imports. Poland, Spain, Bulgaria and the United Arab Emirates lagged somewhat behind, together accounting for a further 7.9%.

Poland, with a CAGR of +40.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average canned mushroom import price stood at $X per ton in 2022, which is down by -1.6% against the previous year. Overall, the import price recorded a mild downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform