Cote d'Ivoire: Cherry Market 2025

Cherry Market Size in Cote d'Ivoire

The Cote d'Ivoire's cherry market surged to $X in 2022, rising by 126% 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). Overall, consumption showed a significant expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cherry Exports

Exports from Cote d'Ivoire

In 2022, exports of cherries from Cote d'Ivoire expanded remarkably to X kg, surging by 10% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt decrease. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cherry exports shrank modestly to $X in 2022. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

Poland (X kg) was the main destination for cherry exports from Cote d'Ivoire, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Poland was relatively modest.

In value terms, Poland ($X) emerged as the key foreign market for cherries exports from Cote d'Ivoire.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland was relatively modest.

Export Prices by Country

In 2022, the average cherry export price amounted to $X per ton, declining by -12.2% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 60% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +49.0% per year.

Cherry Imports

Imports into Cote d'Ivoire

In 2022, the amount of cherries imported into Cote d'Ivoire skyrocketed to X tons, surging by 128% against 2021 figures. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 814%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, cherry imports soared to $X in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 969% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons) constituted the largest cherry supplier to Cote d'Ivoire, accounting for a 53% share of total imports. Moreover, cherry imports from Chile exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), threefold. The third position in this ranking was taken by Spain (X kg), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Chile totaled +40.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+44.3% per year) and Spain (+53.7% per year).

In value terms, the largest cherry suppliers to Cote d'Ivoire were Chile ($X), Lebanon ($X) and Spain ($X), together comprising 87% of total imports.

Spain, with a CAGR of +67.1%, recorded the highest growth rate of the value of imports, among 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 cherry import price stood at $X per ton in 2022, with a decrease of -6.4% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cherry import price increased by +4.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 37% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform