Cote d'Ivoire: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Cote d'Ivoire

In 2022, the Cote d'Ivoire's market for mixed condiments, sauses and seasonings decreased by X% to $X, falling for the second year in a row after three years of growth. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Mixed Condiments, Sauses and Seasonings in Cote d'Ivoire

In value terms, mixed condiment, sause and seasoning production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Cote d'Ivoire

After two years of decline, shipments abroad of mixed condiments, sauses and seasonings increased by X% to X tons in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning exports surged to $X in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Senegal (X tons) was the main destination for mixed condiment, sause and seasoning exports from Cote d'Ivoire, with a X% share of total exports. Moreover, mixed condiment, sause and seasoning exports to Senegal exceeded the volume sent to the second major destination, Burkina Faso (X tons), sixfold. Mali (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Senegal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Mali (X% per year).

In value terms, Senegal ($X) emerged as the key foreign market for mixed condiments, sauses and seasonings exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total exports. It was followed by Mali, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Senegal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Mali (X% per year).

Export Prices by Country

In 2022, the average export price for mixed condiments, sauses and seasonings amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Senegal ($X per ton), while the average price for exports to Burkina Faso ($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 Guinea (X%), while the prices for the other major destinations experienced a decline.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Cote d'Ivoire

In 2022, imports of mixed condiments, sauses and seasonings into Cote d'Ivoire declined dramatically to X tons, reducing by X% compared with the previous year's figure. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mixed condiment, sause and seasoning imports declined dramatically to $X in 2022. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), the United States (X tons) and Belgium (X tons) were the main suppliers of mixed condiment, sause and seasoning imports to Cote d'Ivoire, with a combined X% share of total imports. Nigeria, China, Ukraine, Senegal, Ghana, Lebanon, Italy, India, the UK and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Nigeria ($X) and Belgium ($X) appeared to be the largest mixed condiment, sause and seasoning suppliers to Cote d'Ivoire, together accounting for X% of total imports. The United States, Italy, Germany, Senegal, China, Ukraine, India, the UK, Lebanon and Ghana lagged somewhat behind, together accounting for a further X%.

Senegal, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average import price for mixed condiments, sauses and seasonings amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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