Cote d'Ivoire: Maize Market 2025

Maize Market Size in Cote d'Ivoire

After two years of growth, the Cote d'Ivoire's maize market decreased by -0.5% to $X in 2022. In general, consumption saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the market value increased by 9.1% against the previous year. Maize consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Maize Production in Cote d'Ivoire

In value terms, maize production stood at $X in 2022 estimated in export price. Overall, production faced a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 23% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of maize (green) in Cote d'Ivoire reduced slightly to X tons per ha in 2022, remaining stable against the year before. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by 2.1% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the average maize yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The maize harvested area in Cote d'Ivoire amounted to X ha in 2022, remaining relatively unchanged against the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 3%. The maize harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Maize Exports

Exports from Cote d'Ivoire

In 2022, the amount of maize (green) exported from Cote d'Ivoire reduced dramatically to X tons, waning by -18.1% compared with the year before. Over the period under review, exports, however, enjoyed modest growth. The pace of growth was the most pronounced in 2021 with an increase of 116%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, maize exports fell rapidly to $X in 2022. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 163%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for maize exports from Cote d'Ivoire, with a 53% share of total exports. Moreover, maize exports to France exceeded the volume sent to the second major destination, Burkina Faso (X tons), fivefold. The UK (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (+30.6% per year) and the UK (+111.1% per year).

In value terms, France ($X) remains the key foreign market for maize (green) exports from Cote d'Ivoire, comprising 39% of total exports. The second position in the ranking was held by the UK ($X), with a 17% share of total exports. It was followed by the United States, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+145.4% per year) and the United States (+36.4% per year).

Export Prices by Country

The average maize export price stood at $X per ton in 2022, reducing by -15.7% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Burkina Faso ($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 the UK (+16.3%), while the prices for the other major destinations experienced mixed trend patterns.

Maize Imports

Imports into Cote d'Ivoire

After four years of growth, supplies from abroad of maize (green) decreased by -40.7% to X tons in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 835% against the previous year. As a result, imports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, maize imports declined notably to $X in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 632% against the previous year. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of maize to Cote d'Ivoire, with a 64% share of total imports. Moreover, maize imports from France exceeded the figures recorded by the second-largest supplier, Burkina Faso (X tons), threefold. Lebanon (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +48.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Burkina Faso (+29.7% per year) and Lebanon (+18.5% per year).

In value terms, France ($X) constituted the largest supplier of maize (green) to Cote d'Ivoire, comprising 68% of total imports. The second position in the ranking was taken by Burkina Faso ($X), with a 21% share of total imports. It was followed by Lebanon, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Burkina Faso (+12.2% per year) and Lebanon (+5.2% per year).

Import Prices by Country

The average maize import price stood at $X per ton in 2022, dropping by -4.2% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Lebanon ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (-11.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform