Cote d'Ivoire: Frozen Crustaceans Market 2024

Frozen Crustaceans Market Size in Cote d'Ivoire

The Cote d'Ivoire's frozen crustaceans market stood at $X in 2022, rising by X% against the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Crustaceans Production in Cote d'Ivoire

In value terms, frozen crustaceans production rose rapidly to $X in 2022 estimated in export price. Overall, the total production indicated a slight expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Frozen Crustaceans Exports

Exports from Cote d'Ivoire

In 2022, shipments abroad of frozen crustaceans was finally on the rise to reach X tons after four years of decline. In general, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, frozen crustaceans exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Canada (X tons) and the United States (X kg) were the main destinations of frozen crustaceans exports from Cote d'Ivoire, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for frozen crustaceans exported from Cote d'Ivoire were Belgium ($X), Canada ($X) and France ($X), together comprising X% of total exports.

Among the main countries of destination, Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen crustaceans export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price recorded a tangible expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the United States ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Crustaceans Imports

Imports into Cote d'Ivoire

In 2022, approx. X tons of frozen crustaceans were imported into Cote d'Ivoire; waning by X% against the previous year's figure. Overall, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, frozen crustaceans imports reduced markedly to $X in 2022. In general, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Senegal (X tons), Norway (X tons) and France (X tons) were the main suppliers of frozen crustaceans imports to Cote d'Ivoire, together accounting for X% of total imports. India and the Netherlands lagged somewhat behind, together accounting for a further X%.

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

In value terms, Senegal ($X) constituted the largest supplier of frozen crustaceans to Cote d'Ivoire, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Norway, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Senegal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Norway (X% per year).

Import Prices by Country

The average frozen crustaceans import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price saw a perceptible expansion. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 the Netherlands ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform