Cote d'Ivoire: Dry Bean Market 2025

Dry Bean Market Size in Cote d'Ivoire

The Cote d'Ivoire's dry bean market reached $X in 2022, picking up by 5.3% against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Dry Bean Production in Cote d'Ivoire

In value terms, dry bean production rose markedly to $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -10.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 67% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average yield of beans (dry) in Cote d'Ivoire declined slightly to X kg per ha, therefore, remained relatively stable against the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by 0.3% against the previous year. The dry bean yield peaked at X kg per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The dry bean harvested area in Cote d'Ivoire declined modestly to X ha in 2022, standing approx. at the previous year. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 4.4% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2016 to 2022, the growth of the dry bean harvested area remained at a lower figure.

Dry Bean Exports

Exports from Cote d'Ivoire

In 2022, approx. X tons of beans (dry) were exported from Cote d'Ivoire; dropping by -70.7% compared with 2021 figures. Over the period under review, exports saw a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 2,876%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, dry bean exports contracted significantly to $X in 2022. Overall, exports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 1,681%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Guinea (X tons) was the main destination for dry bean exports from Cote d'Ivoire, with a 88% share of total exports. Moreover, dry bean exports to Guinea exceeded the volume sent to the second major destination, Liberia (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Guinea stood at -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (-14.0% per year) and Belgium (-65.2% per year).

In value terms, Guinea ($X) remains the key foreign market for beans (dry) exports from Cote d'Ivoire, comprising 83% of total exports. The second position in the ranking was taken by Liberia ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Guinea amounted to -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (-9.8% per year) and Belgium (-57.2% per year).

Export Prices by Country

The average dry bean export price stood at $X per ton in 2022, increasing by 40% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dry bean export price decreased by -25.1% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 68% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Guinea ($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 Belgium (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Bean Imports

Imports into Cote d'Ivoire

After two years of growth, overseas purchases of beans (dry) decreased by -72.7% to X tons in 2022. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2016 when imports increased by 197% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, dry bean imports fell sharply to $X in 2022. In general, imports showed a deep slump. The pace of growth appeared the most rapid in 2014 when imports increased by 191% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Niger (X tons), Lebanon (X tons) and Mali (X tons) were the main suppliers of dry bean imports to Cote d'Ivoire, together comprising 82% of total imports.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of +61.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Lebanon ($X) constituted the largest supplier of beans (dry) to Cote d'Ivoire, comprising 51% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 16% share of total imports. It was followed by Burkina Faso, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Lebanon stood at +75.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+64.0% per year) and Burkina Faso (-15.1% per year).

Import Prices by Country

The average dry bean import price stood at $X per ton in 2022, rising by 2% against the previous year. Over the period under review, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2017 an increase of 89% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform