Earlier Report Observations
The groundnut oil-cake market in Côte d'Ivoire stood at 21 168 t in 2018 but declined to 18 502 t by 2020. In 2018, the market was characterized by strong volatility in peanut prices driven by local cartels, which affected processor stability, while high global soybean meal prices due to a poor Argentine harvest and a weak euro indirectly influenced competitiveness and supply dynamics.
After 2020, the market gradually recovered, reaching 19 200 t in 2022 before stabilizing at 19 100 t in 2023. This recovery aligned with rising global demand for natural and organic peanut oil, which boosted production and consequently increased oil-cake output. Expansion of product ranges by major international players like Gemini Edibles & Fats India Ltd and the growing use of peanut oil in cosmetic and pharmaceutical applications further diversified demand, supporting market volume.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Côte d'Ivoire
- 5.1.1. Annual dynamics of production in Côte d'Ivoire in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Côte d'Ivoire in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Côte d'Ivoire
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Côte d'Ivoire in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Côte d'Ivoire by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Côte d'Ivoire in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Côte d'Ivoire by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Côte d'Ivoire, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Côte d'Ivoire by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Côte d'Ivoire in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Côte d'Ivoire by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Côte d'Ivoire in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Côte d'Ivoire by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Côte d'Ivoire, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Côte d'Ivoire by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Côte d'Ivoire in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Côte d'Ivoire by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Côte d'Ivoire in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Côte d'Ivoire by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Côte d'Ivoire, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Côte d'Ivoire by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Côte d'Ivoire in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Côte d'Ivoire by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Côte d'Ivoire in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Côte d'Ivoire by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Côte d'Ivoire, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Côte d'Ivoire by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production groundnutoil-cake in Côte d'Ivoire
In kind, 2017-2020, t
From 2017 to 2020, Côte d'Ivoire ranked 26th globally in groundnutoil-cake production volume.
Top producers of groundnutoil-cake, 2017-2020
World map of production of groundnutoil-cake, 2017-2020
Côte d'Ivoire's groundnutoil-cake production declined for the second year in a row. In 2020, the country produced 18 500 tonnes, marking a 12.4% decrease from the previous year. Over the 2017-2020 period, production fell by 9.8%, with a compound annual growth rate of 3.4%. The highest production was recorded in 2018 at 21 236 tonnes, which also saw the largest increase of 3.5%.
Annual dynamics of production in Côte d'Ivoire in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.5% | (0.6%) | (12.4%) | (3.4%) |
Exports groundnutoil-cake from Côte d'Ivoire
Exports in kind, t
Groundnutoil-cake exports from Côte d'Ivoire dropped for the second consecutive year. In 2020, exports were 20.0 tonnes, a 73.3% decrease year-over-year. Between 2018 and 2020, exports fell by 88.1%, equivalent to an annualized rate of 50.8%.
Annual dynamics of product's exports from Côte d'Ivoire in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (55.4%) | (73.3%) | - |
From 2017 to 2020, groundnutoil-cake exports from Côte d'Ivoire were highly concentrated, with Mali and Ghana together accounting for 100.0% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Côte d'Ivoire in kind, 2017-2020
Exports in value, $ US
Côte d'Ivoire's groundnutoil-cake export value declined for the second year running. In 2020, export value was 1 044 US dollars, down 94.5% from 2019. Between 2018 and 2020, exports decreased by 97.8%, translating to an annualized rate of 71.9%.
Annual dynamics of product's exports from Côte d'Ivoire in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (59.8%) | (94.5%) | - |
Over 2017-2020, Mali and Ghana dominated groundnutoil-cake exports in value terms, jointly representing 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Côte d'Ivoire in value, 2017-2020
Imports groundnutoil-cake to Côte d'Ivoire
Imports in kind, t
In 2020, Côte d'Ivoire's groundnutoil-cake imports were 21.5 tonnes, showing little change from the previous year. Over the 2018-2020 period, imports decreased by 78.5%, with a compound annual growth rate of 40.1%.
Annual dynamics of product's imports to Côte d'Ivoire in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, groundnutoil-cake imports to Côte d'Ivoire were largely focused on Senegal, which held a 98.8% share of total imports in kind.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Côte d'Ivoire in kind, 2017-2020
Imports in value, $ US
In 2020, groundnutoil-cake import value for Côte d'Ivoire was 10 135 US dollars, with only a slight variation from the year before. Between 2018 and 2020, imports fell by 75.7%, equating to an annualized rate of 37.6%.
Annual dynamics of product's imports to Côte d'Ivoire in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During 2017-2020, Senegal was the overwhelmingly dominant supplier of groundnutoil-cake to Côte d'Ivoire, accounting for 98.9% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Côte d'Ivoire in value, 2017-2020
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