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Report Update: Dec 1, 2023

Cote d'Ivoire - Carob - Market Analysis, Forecast, Size, Trends and Insights

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Cote d'Ivoire: Carob Market 2023

Carob Market Size in Cote d'Ivoire

In 2022, the Cote d'Ivoire's carob market increased by 1,014% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a abrupt slump. Carob consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Carob Production in Cote d'Ivoire

In value terms, carob production declined slightly to $X in 2022 estimated in export price. Overall, production showed prominent growth. The pace of growth was the most pronounced in 2019 with an increase of 49%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of carob in Cote d'Ivoire amounted to less than X kg per ha in 2022, leveling off at 2021. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of carob in Cote d'Ivoire totaled less than X ha, standing approx. at 2021. Over the period under review, the harvested area showed a relatively flat trend pattern.

Carob Exports

Exports from Cote d'Ivoire

In 2022, after three years of growth, there was significant decline in shipments abroad of carob, when their volume decreased by -11.1% to X tons. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 3,587%. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, carob exports expanded modestly to $X in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,604% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for carob exports from Cote d'Ivoire, with a approx. 92% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for carob exports from Cote d'Ivoire.

From 2016 to 2022, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

The average carob export price stood at $X per ton in 2022, rising by 17% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2016 to 2022, the rate of growth in terms of prices for Australia amounted to -30.2% per year.

Source: IndexBox Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for carob in the world?

The countries with the highest volumes of consumption in 2022 were Italy, Portugal and Turkey, together accounting for 56% of global consumption. Switzerland, Greece, Cyprus, Spain, Algeria, Lebanon, Egypt and France lagged somewhat behind, together comprising a further 33%.

What are the largest producers of carob in the world?

The countries with the highest volumes of production in 2022 were Portugal, Italy and Morocco, together accounting for 54% of global production.

What are the leading importers of carob from Cote d'Ivoire?

In value terms, the United States emerged as the key foreign market for carob exports from Cote d'Ivoire.

What is the average export price for carob in Cote d'Ivoire?

The average carob export price stood at $2,281 per ton in 2022, jumping by 17% against the previous year.

This report provides an in-depth analysis of the carob market in Cote d'Ivoire. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• FCL 461 - Carobs

Country coverage:

• Cote d'Ivoire

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Cote d'Ivoire

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2022
23. Production, In Value Terms, 2012–2022
24. Area Harvested, 2012–2022
25. Yield, 2012–2022
26. Imports, In Physical Terms, 2012–2022
27. Imports, In Value Terms, 2012–2022
28. Imports, In Physical Terms, By Country, 2022
29. Imports, In Physical Terms, By Country, 2012–2022
30. Imports, In Value Terms, By Country, 2012–2022
31. Import Prices, By Country Of Origin, 2012–2022
32. Exports, In Physical Terms, 2012–2022
33. Exports, In Value Terms, 2012–2022
34. Exports, In Physical Terms, By Country, 2022
35. Exports, In Physical Terms, By Country, 2012–2022
36. Exports, In Value Terms, By Country, 2012–2022
37. Export Prices, By Country Of Destination, 2012–2022