Cote d'Ivoire: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Cote d'Ivoire

The Cote d'Ivoire's market for pasta stuffed with meat, fish and cheese expanded significantly to $X in 2022, increasing by 14% against the previous year. In general, consumption enjoyed a prominent expansion. 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.

Production of Pasta Stuffed With Meat, Fish and Cheese in Cote d'Ivoire

In value terms, meat, fish or cheese pasta production skyrocketed to $X in 2022 estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Cote d'Ivoire

In 2022, the amount of pasta stuffed with meat, fish and cheese exported from Cote d'Ivoire dropped markedly to X kg, falling by -24.1% against 2021. Over the period under review, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2013 when exports increased by 89%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat, fish or cheese pasta exports contracted markedly to $X in 2022. In general, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 95%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X kg) was the main destination for meat, fish or cheese pasta exports from Cote d'Ivoire, with a 95% share of total exports. It was followed by Austria (X kg), with a 2.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso amounted to -43.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-33.3% per year) and France (-50.4% per year).

In value terms, Burkina Faso ($X) remains the key foreign market for pasta stuffed with meat, fish and cheese exports from Cote d'Ivoire, comprising 74% of total exports. The second position in the ranking was held by France ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Burkina Faso stood at -37.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-43.1% per year) and Austria (-29.2% per year).

Export Prices by Country

In 2022, the average export price for pasta stuffed with meat, fish and cheese amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 94% against the previous year. The export price peaked at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Burkina Faso ($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 France (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Cote d'Ivoire

In 2022, overseas purchases of pasta stuffed with meat, fish and cheese increased by 51% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted a slight increase. The most prominent rate of growth was recorded in 2014 with an increase of 164%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, meat, fish or cheese pasta imports surged to $X in 2022. In general, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.2% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by 165% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X tons) constituted the largest supplier of meat, fish or cheese pasta to Cote d'Ivoire, with a 71% share of total imports. Moreover, meat, fish or cheese pasta imports from Nigeria exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. France (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Nigeria totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.3% per year) and France (-10.1% per year).

In value terms, Nigeria ($X), Italy ($X) and France ($X) constituted the largest meat, fish or cheese pasta suppliers to Cote d'Ivoire, with a combined 72% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +23.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for pasta stuffed with meat, fish and cheese amounted to $X per ton, falling by -11.2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 28%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 Italy ($X per ton), while the price for Nigeria ($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 (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform