Cote d'Ivoire: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in Cote d'Ivoire

In 2022, the Cote d'Ivoire's market for malt extract and food preparations of flour, meal, and starches was finally on the rise to reach $X after two years of decline. Overall, consumption saw significant growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Malt Extract And Food Preparations Of Flour, Meal, And Starch in Cote d'Ivoire

In value terms, production of malt extract and food preparations of flour, meal, and starches amounted to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume decreased by X% against the previous year. Production of peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports from Cote d'Ivoire

In 2022, shipments abroad of malt extract and food preparations of flour, meal, and starches decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank sharply in the following year.

In value terms, exports of malt extract and food preparations of flour, meal, and starches declined remarkably to $X in 2022. In general, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of reached the peak figure at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Belgium (X tons), Gabon (X tons) and Canada (X tons) were the main destinations of exports of malt extract and food preparations of flour, meal, and starches from Cote d'Ivoire, together comprising X% of total exports. France, the United States, the UK, Italy, Burkina Faso and Niger lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Gabon ($X) emerged as the key foreign market for malt extract and food preparations of flour, meal, and starches exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by France, with a X% share.

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

Export Prices by Country

The average export price for malt extract and food preparations of flour, meal, and starches stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price enjoyed moderate growth. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 Gabon ($X per ton), while the average price for exports to Belgium ($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.

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports into Cote d'Ivoire

Imports of malt extract and food preparations of flour, meal, and starches into Cote d'Ivoire fell rapidly to X tons in 2022, with a decrease of X% against the year before. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of malt extract and food preparations of flour, meal, and starches contracted sharply to $X in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2021, and then dropped significantly in the following year.

Imports by Country

The Netherlands (X tons), Ireland (X tons) and Poland (X tons) were the main suppliers of imports of malt extract and food preparations of flour, meal, and starches to Cote d'Ivoire, with a combined X% share of total imports.

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

In value terms, the Netherlands ($X) constituted the largest supplier of malt extract and food preparations of flour, meal, and starches to Cote d'Ivoire, comprising X% of total imports. The second position in the ranking was held by Ireland ($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 the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and France (X% per year).

Import Prices by Country

The average import price for malt extract and food preparations of flour, meal, and starches stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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