Cote d'Ivoire: Millet Market 2025

Millet Market Size in Cote d'Ivoire

The Cote d'Ivoire's millet market dropped slightly to $X in 2022, remaining constant against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.2% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Millet Production in Cote d'Ivoire

In value terms, millet production declined modestly to $X in 2022 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.7% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 22%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

In 2022, the average millet yield in Cote d'Ivoire reduced modestly to X kg per ha, approximately equating the previous year's figure. The yield figure increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when the yield increased by 2.8%. The millet yield peaked at X kg per ha in 2021, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The millet harvested area in Cote d'Ivoire expanded modestly to X ha in 2022, with an increase of 2.3% against the year before. The harvested area increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 4.6%. Over the period under review, the harvested area dedicated to millet production attained the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Millet Exports

Exports from Cote d'Ivoire

In 2022, shipments abroad of millet increased by 70% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 418% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, millet exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 594%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Canada (X tons) was the main destination for millet exports from Cote d'Ivoire, with a 34% share of total exports. Moreover, millet exports to Canada exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +95.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+17.1% per year) and France (+10.1% per year).

In value terms, Canada ($X) remains the key foreign market for millet exports from Cote d'Ivoire, comprising 50% of total exports. The second position in the ranking was taken by France ($X), with an 11% share of total exports. It was followed by the UK, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +84.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+20.4% per year) and the UK (+82.3% per year).

Export Prices by Country

The average millet export price stood at $X per ton in 2022, picking up by 9.3% against the previous year. In general, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 239%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($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 (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Millet Imports

Imports into Cote d'Ivoire

In 2022, supplies from abroad of millet decreased by -17.6% to X tons, falling for the second year in a row after three years of growth. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2019 when imports increased by 287% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, millet imports fell slightly to $X in 2022. Over the period under review, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 653% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Burkina Faso (X tons) was the main supplier of millet to Cote d'Ivoire, with a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Burkina Faso totaled -13.8%.

In value terms, Burkina Faso ($X) constituted the largest supplier of millet to Cote d'Ivoire.

From 2012 to 2022, the average annual rate of growth in terms of value from Burkina Faso amounted to +1.0%.

Import Prices by Country

In 2022, the average millet import price amounted to $X per ton, jumping by 17% against the previous year. Overall, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 243% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Burkina Faso.

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to +17.2% per year.

Source: IndexBox Platform