Cote d'Ivoire: Grain Market 2025

Grain Market Size in Cote d'Ivoire

In 2022, the Cote d'Ivoire's grain market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Grain consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Grain Production in Cote d'Ivoire

In value terms, grain production reduced slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The average yield of cereal grains in Cote d'Ivoire dropped slightly to X tons per ha in 2022, almost unchanged from 2021 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. The grain yield peaked at X tons per ha in 2018; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cereal grains were harvested in Cote d'Ivoire; flattening at 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the grain harvested area failed to regain momentum.

Grain Exports

Exports from Cote d'Ivoire

In 2022, the amount of cereal grains exported from Cote d'Ivoire surged to X tons, jumping by X% on the previous year's figure. In general, exports showed a strong increase. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, grain exports skyrocketed to $X in 2022. Over the period under review, exports recorded a buoyant expansion. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Mali (X tons), Burkina Faso (X tons) and Senegal (X tons) were the main destinations of grain exports from Cote d'Ivoire, together accounting for X% of total exports. Niger, Guinea and Mauritania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Burkina Faso ($X) remains the key foreign market for cereal grains exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was held by Mali ($X), with a X% share of total exports. It was followed by Senegal, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (X% per year) and Senegal (X% per year).

Export Prices by Country

The average grain export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grain export price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($X per ton), while the average price for exports to Mali ($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 Burkina Faso (X%), while the prices for the other major destinations experienced mixed trend patterns.

Grain Imports

Imports into Cote d'Ivoire

In 2022, imports of cereal grains into Cote d'Ivoire expanded markedly to X tons, with an increase of X% against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, grain imports skyrocketed to $X in 2022. In general, imports recorded a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Argentina (X tons) and Lithuania (X tons) were the main suppliers of grain imports to Cote d'Ivoire, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grain suppliers to Cote d'Ivoire were France ($X), Argentina ($X) and Lithuania ($X), with a combined X% share of total imports. Poland, Russia and Ukraine lagged somewhat behind, together accounting for a further X%.

Ukraine, with a CAGR of X%, saw the highest growth rate of 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 grain import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grain import price increased by X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Ukraine ($X per ton) and Poland ($X per ton), while the price for Argentina ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform