Cote d'Ivoire: Mixed Juices Market 2024

Mixed Juices Market Size in Cote d'Ivoire

The Cote d'Ivoire's mixed juices market declined slightly to $X in 2022, waning by -3.1% against the previous year. Overall, consumption showed a noticeable contraction. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Mixed Juices Production in Cote d'Ivoire

In value terms, mixed juices production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 46% against the previous year. Mixed juices production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Mixed Juices Exports

Exports from Cote d'Ivoire

In 2022, after three years of decline, there was significant growth in overseas shipments of mixtures of fruit and vegetable juices, when their volume increased by 19% to X tons. Over the period under review, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 137%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mixed juices exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 when exports increased by 108%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Mali (X tons), Burkina Faso (X tons) and Senegal (X tons) were the main destinations of mixed juices exports from Cote d'Ivoire, with a combined 91% share 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 Senegal (with a CAGR of +11.1%), while the other leaders experienced more modest paces of growth.

In value terms, Mali ($X), Burkina Faso ($X) and Senegal ($X) constituted the largest markets for mixed juices exported from Cote d'Ivoire worldwide, together accounting for 89% of total exports.

Senegal, with a CAGR of +8.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average mixed juices export price amounted to $X per ton, waning by -3.1% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 13%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Senegal ($X per ton) and Burkina Faso ($X per ton), while the average price for exports to Mali ($X per ton) and Niger ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-1.4%), while the prices for the other major destinations experienced a decline.

Mixed Juices Imports

Imports into Cote d'Ivoire

In 2022, the amount of mixtures of fruit and vegetable juices imported into Cote d'Ivoire contracted sharply to X tons, with a decrease of -33.2% compared with the year before. Overall, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 185%. As a result, imports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, mixed juices imports shrank rapidly to $X in 2022. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 315% against the previous year. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest mixed juices supplier to Cote d'Ivoire, accounting for a 26% share of total imports. Moreover, mixed juices imports from France exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Morocco (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+84.0% per year) and Morocco (+9.2% per year).

In value terms, France ($X) constituted the largest supplier of mixtures of fruit and vegetable juices to Cote d'Ivoire, comprising 33% of total imports. The second position in the ranking was held by Spain ($X), with a 15% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+41.7% per year) and Germany (+41.0% per year).

Import Prices by Country

In 2022, the average mixed juices import price amounted to $X per ton, which is down by -7.1% against the previous year. Overall, the import price, however, posted tangible growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 60% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then reduced in the following year.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform