Report Update Apr 1, 2024

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

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Cote d'Ivoire: Sorghum Market 2024

Sorghum Market Size in Cote d'Ivoire

The Cote d'Ivoire's sorghum market reached $X in 2022, flattening at the previous year. In general, consumption enjoyed a noticeable increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Sorghum Production in Cote d'Ivoire

In value terms, sorghum production contracted to $X in 2022 estimated in export price. Overall, production posted a temperate expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of sorghum in Cote d'Ivoire declined slightly to X kg per ha in 2022, flattening at the year before. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. The sorghum yield peaked at X kg per ha in 2021, and then fell 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.

In 2022, approx. X ha of sorghum were harvested in Cote d'Ivoire; with an increase of X% against the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The sorghum harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Sorghum Exports

Exports from Cote d'Ivoire

Sorghum exports from Cote d'Ivoire soared to X tons in 2022, rising by X% compared with the previous year's figure. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sorghum exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for sorghum exports from Cote d'Ivoire, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%.

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

From 2012 to 2022, the average annual growth rate of value to France totaled X%.

Export Prices by Country

The average sorghum export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2015 an increase of X%. 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 France.

From 2012 to 2022, the rate of growth in terms of prices for Senegal amounted to X% per year.

Sorghum Imports

Imports into Cote d'Ivoire

For the fourth consecutive year, Cote d'Ivoire recorded growth in purchases abroad of sorghum, which increased by X% to X tons in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, sorghum imports skyrocketed to $X in 2022. Overall, imports saw a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Burkina Faso (X tons) and Mali (X tons) were the main suppliers of sorghum imports to Cote d'Ivoire.

From 2012 to 2022, the biggest increases were recorded for Mali (with a CAGR of X%).

In value terms, Mali ($X) constituted the largest supplier of sorghum to Cote d'Ivoire, comprising X% of total imports. The second position in the ranking was held by Burkina Faso ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Mali stood at X%.

Import Prices by Country

In 2022, the average sorghum import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price recorded a dramatic setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Mali ($X per ton), while the price for Burkina Faso amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sorghum in the world?

China constituted the country with the largest volume of sorghum consumption, comprising approx. 21% of total volume. Moreover, sorghum consumption in China exceeded the figures recorded by the second-largest consumer, Nigeria, twofold. Ethiopia ranked third in terms of total consumption with a 7.8% share.

What are the largest producers of sorghum in the world?

The countries with the highest volumes of production in 2022 were the United States, Nigeria and India, with a combined 36% share of global production.

What are the leading suppliers of sorghum to Cote d'Ivoire?

In value terms, Mali constituted the largest supplier of sorghum to Cote d'Ivoire, comprising 70% of total imports. The second position in the ranking was held by Burkina Faso, with a 29% share of total imports.

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

In value terms, France emerged as the key foreign market for sorghum exports from Cote d'Ivoire.

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

In 2022, the average sorghum export price amounted to $231 per ton, declining by -49.7% against the previous year.

What is the average import price for sorghum in Cote d'Ivoire?

In 2022, the average sorghum import price amounted to $99 per ton, declining by -16.3% against the previous year.

This report provides an in-depth analysis of the sorghum 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 83 - Sorghum

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023