Cote d'Ivoire: Roasted Coffee Market 2024

Roasted Coffee Market Size in Cote d'Ivoire

The Cote d'Ivoire's roasted coffee market expanded markedly to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed prominent growth. Roasted coffee consumption peaked in 2022 and is likely to see steady growth in years to come.

Roasted Coffee Exports

Exports from Cote d'Ivoire

In 2022, shipments abroad of roasted coffee decreased by X% to X kg, falling for the fourth consecutive year after two years of growth. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, roasted coffee exports shrank to $X in 2022. In general, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Gambia (X kg) was the main destination for roasted coffee exports from Cote d'Ivoire, accounting for a X% share of total exports. Moreover, roasted coffee exports to Gambia exceeded the volume sent to the second major destination, French Polynesia (X kg), fourfold. The third position in this ranking was held by Taiwan (Chinese) (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Gambia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Gambia ($X) remains the key foreign market for roasted coffee exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was held by French Polynesia ($X), with less than X% share of total exports. It was followed by Taiwan (Chinese), with less than X% share.

From 2012 to 2022, the average annual growth rate of value to Gambia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the average roasted coffee export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Gambia ($X per ton), while the average price for exports to Mauritania ($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 Gabon (X%), while the prices for the other major destinations experienced mixed trend patterns.

Roasted Coffee Imports

Imports into Cote d'Ivoire

Roasted coffee imports into Cote d'Ivoire fell to X tons in 2022, declining by X% on 2021. In general, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, roasted coffee imports skyrocketed to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

France (X tons), Lebanon (X tons) and Switzerland (X tons) were the main suppliers of roasted coffee imports to Cote d'Ivoire, together accounting for X% of total imports. Italy, Swaziland, China and Spain lagged somewhat behind, together comprising a further X%.

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

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

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

Import Prices by Country

The average roasted coffee import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price 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, roasted coffee import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices stood 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 Switzerland ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform