Cote d'Ivoire: Wheat Market 2025

Wheat Market Size in Cote d'Ivoire

In 2022, the Cote d'Ivoire's wheat market decreased by -14.6% to $X for the first time since 2016, thus ending a five-year rising trend. In general, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +56.9% against 2016 indices. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Wheat Exports

Exports from Cote d'Ivoire

In 2022, wheat exports from Cote d'Ivoire dropped to X tons, falling by -7.5% compared with the previous year's figure. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 822%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, wheat exports declined to $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 850%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Burkina Faso (X tons) was the main destination for wheat exports from Cote d'Ivoire, accounting for a 99% share of total exports. It was followed by Ghana (X tons), with a 0.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso amounted to +163.6%.

In value terms, Burkina Faso ($X) remains the key foreign market for wheat exports from Cote d'Ivoire, comprising 99% of total exports. The second position in the ranking was taken by Ghana ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso amounted to +182.8%.

Export Prices by Country

In 2022, the average wheat export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat export price decreased by -2.1% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 81% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 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 Burkina Faso ($X per ton), while the average price for exports to Ghana stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+7.3%).

Wheat Imports

Imports into Cote d'Ivoire

In 2022, after three years of growth, there was significant decline in supplies from abroad of wheat, when their volume decreased by -13.1% to X tons. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, wheat imports shrank notably to $X in 2022. Overall, total imports indicated a slight expansion 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 increased by +68.1% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of wheat to Cote d'Ivoire, with a 45% share of total imports. Moreover, wheat imports from France exceeded the figures recorded by the second-largest supplier, Argentina (X tons), threefold. The third position in this ranking was held by Russia (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+15.6% per year) and Russia (+13.9% per year).

In value terms, France ($X) constituted the largest supplier of wheat to Cote d'Ivoire, comprising 52% of total imports. The second position in the ranking was held by Argentina ($X), with a 13% share of total imports. It was followed by Russia, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from France totaled -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+12.1% per year) and Russia (+16.3% per year).

Import Prices by Country

The average wheat import price stood at $X per ton in 2022, reducing by -2.4% against the previous year. Overall, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2018 an increase of 8.1% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform