Cote d'Ivoire: Olive Market 2025

Olive Market Size in Cote d'Ivoire

The Cote d'Ivoire's olive market surged to $X in 2022, picking up by 200% against the previous year. Over the period under review, consumption, however, showed a abrupt decline. Olive consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Olive Production in Cote d'Ivoire

In value terms, olive production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 1,059,500%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

The average yield of olives in Cote d'Ivoire amounted to less than X kg per ha in 2022, remaining stable against 2021 figures. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of olives production in Cote d'Ivoire was estimated at less than X ha, almost unchanged from 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Olive Exports

Exports from Cote d'Ivoire

In 2017, the amount of olives exported from Cote d'Ivoire stood at X kg, therefore, remained relatively stable against 2016. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are expected to retain growth in years to come.

In value terms, olive exports totaled $X in 2017. In general, exports showed a significant increase. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are likely to see steady growth in the near future.

Exports by Country

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

From 2015 to 2017, the average annual rate of growth in terms of volume to France was relatively modest.

From 2015 to 2017, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

In 2017, the average olive export price amounted to $X per ton, leveling off at the previous year. Overall, the export price faced a precipitous shrinkage. The pace of growth was the most pronounced in 2016 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2017, the export prices remained at a lower figure.

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

From 2015 to 2017, the rate of growth in terms of prices for Morocco amounted to 0.0% per year.

Olive Imports

Imports into Cote d'Ivoire

In 2022, approx. X tons of olives were imported into Cote d'Ivoire; with an increase of 276% compared with 2021. Over the period under review, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by 2,682%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, olive imports soared to $X in 2022. Overall, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 2,514%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Lebanon (X tons) was the main supplier of olive to Cote d'Ivoire, with a 91% share of total imports. Moreover, olive imports from Lebanon exceeded the figures recorded by the second-largest supplier, France (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Lebanon stood at +78.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-33.3% per year) and Mali (+12.4% per year).

In value terms, Lebanon ($X) constituted the largest supplier of olives to Cote d'Ivoire, comprising 68% of total imports. The second position in the ranking was held by France ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Lebanon totaled +37.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-24.4% per year) and Mali (-1.9% per year).

Import Prices by Country

The average olive import price stood at $X per ton in 2022, declining by -49.7% against the previous year. Over the period under review, the import price showed a pronounced reduction. The pace of growth was the most pronounced in 2017 an increase of 116%. As a result, import price attained the peak level of $X per ton. From 2018 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 France ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform