Cote d'Ivoire: Dry Bean Market 2024

Dry Bean Market Size in Cote d'Ivoire

The Cote d'Ivoire's dry bean market dropped to $X in 2023, waning by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Dry bean consumption peaked at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Dry Bean Production in Cote d'Ivoire

In value terms, dry bean production fell to $X in 2023 estimated in export price. Over the period under review, production, however, saw a slight downturn. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2023, production growth remained at a somewhat lower figure.

The average yield of beans (dry) in Cote d'Ivoire contracted to X kg per ha in 2023, almost unchanged from the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the yield increased by X% against the previous year. Over the period under review, the average dry bean yield hit record highs at X kg per ha in 2012; however, from 2013 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of beans (dry) were harvested in Cote d'Ivoire; almost unchanged from the previous year's figure. In general, the harvested area continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to dry bean production attained the maximum at X ha in 2018; however, from 2019 to 2023, the harvested area failed to regain momentum.

Dry Bean Exports

Exports from Cote d'Ivoire

In 2023, the amount of beans (dry) exported from Cote d'Ivoire surged to X tons, jumping by X% against the year before. Over the period under review, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, dry bean exports soared to $X in 2023. In general, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

Exports by Country

Burkina Faso (X tons) was the main destination for dry bean exports from Cote d'Ivoire, with a X% share of total exports. Moreover, dry bean exports to Burkina Faso exceeded the volume sent to the second major destination, Canada (X tons), ninefold.

From 2012 to 2023, the average annual growth rate of volume to Burkina Faso totaled X%.

In value terms, Canada ($X) emerged as the key foreign market for beans (dry) exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Canada stood at X%.

Export Prices by Country

The average dry bean export price stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Burkina Faso totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Bean Imports

Imports into Cote d'Ivoire

In 2023, dry bean imports into Cote d'Ivoire declined markedly to X tons, with a decrease of X% against the previous year's figure. In general, imports, however, enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports failed to regain momentum.

In value terms, dry bean imports contracted significantly to $X in 2023. Over the period under review, imports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Niger (X tons) constituted the largest dry bean supplier to Cote d'Ivoire, accounting for a X% share of total imports. Moreover, dry bean imports from Niger exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), more than tenfold. The third position in this ranking was held by Burkina Faso (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Niger amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (X% per year) and Burkina Faso (X% per year).

In value terms, Burkina Faso ($X), Lebanon ($X) and France ($X) constituted the largest dry bean suppliers to Cote d'Ivoire, with a combined X% share of total imports.

Lebanon, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dry bean import price stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Niger ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Burkina Faso (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform