Cote d'Ivoire: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Cote d'Ivoire

The Cote d'Ivoire's pasta and couscous market reached $X in 2022, picking up by 2.4% against the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Pasta And Couscous Production in Cote d'Ivoire

In value terms, pasta and couscous production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 31%. Pasta and couscous production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Pasta And Couscous Exports

Exports from Cote d'Ivoire

In 2022, overseas shipments of stuffed pasta and couscous decreased by -10.7% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 99%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, pasta and couscous exports dropped to $X in 2022. In general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 115%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

France (X tons) was the main destination for pasta and couscous exports from Cote d'Ivoire, with a 83% share of total exports. Moreover, pasta and couscous exports to France exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. The third position in this ranking was held by Belgium (X tons), with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to +13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+5.7% per year) and Belgium (+6.4% per year).

In value terms, France ($X) remains the key foreign market for stuffed pasta and couscous exports from Cote d'Ivoire, comprising 89% of total exports. The second position in the ranking was held by Belgium ($X), with a 3.5% share of total exports. It was followed by Canada, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+8.0% per year) and Canada (+12.0% per year).

Export Prices by Country

In 2022, the average pasta and couscous export price amounted to $X per ton, increasing by 4.8% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 18%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Italy ($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 Belgium (+1.5%), while the prices for the other major destinations experienced a decline.

Pasta And Couscous Imports

Imports into Cote d'Ivoire

Pasta and couscous imports into Cote d'Ivoire was estimated at X tons in 2022, remaining constant against 2021 figures. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 50% against the previous year. Imports peaked at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, pasta and couscous imports contracted to $X in 2022. Over the period under review, imports posted a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Mali (X tons), Morocco (X tons) and Algeria (X tons) were the main suppliers of pasta and couscous imports to Cote d'Ivoire, with a combined 74% share of total imports. France, Tunisia, Turkey and Benin lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Benin (with a CAGR of +72.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Mali ($X) and France ($X) appeared to be the largest pasta and couscous suppliers to Cote d'Ivoire, together comprising 70% of total imports. Algeria, Benin, Tunisia and Turkey lagged somewhat behind, together accounting for a further 16%.

In terms of the main suppliers, Benin, with a CAGR of +65.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pasta and couscous import price amounted to $X per ton, reducing by -9.1% against the previous year. Over the period under review, the import price showed a slight slump. The growth pace was the most rapid in 2021 when the average import price increased by 22% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Benin ($X per ton), while the price for Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform