Not roasted and not cooked groundnuts market in Côte d'Ivoire

Earlier Report Observations

The market for not roasted and not cooked groundnuts in Côte d'Ivoire expanded from 209 thousand tons in 2018 to 228 thousand tons by 2020. This initial growth was fueled by strong international demand, particularly from China, which boosted exports and stimulated domestic production in 2019. The presence of standardization and certification bodies like CODINORM provided a framework for market stability, even as the sector faced ongoing challenges from climatic conditions and seed quality.

Market growth continued, reaching 274 thousand tons in 2023. The involvement of major agribusiness firms such as Wilmar and Nestlé in processing agricultural products indirectly supported peanut production. A significant surge in 2023 was partly driven by the cultivation of improved peanut varieties with better yield and disease resistance characteristics.

Production not roasted and not cooked groundnuts in Côte d'Ivoire

In kind, 2017-2020, K t

From 2017 to 2020, Côte d'Ivoire ranked as the world's 25th largest producer of unroasted and uncooked groundnuts.

Top producers of not roasted and not cooked groundnuts, 2017-2020

World map of production of not roasted and not cooked groundnuts, 2017-2020

Côte d'Ivoire's production of unroasted and uncooked groundnuts grew for the third year in a row. In 2020, the country produced 227.6 thousand tonnes, showing a modest 4.6% increase compared to 2019. Over the 2017-2020 period, production rose by 12.6%, with an average annual growth rate of 4.0%.

Annual dynamics of production in Côte d'Ivoire in kind, 2017-2020, K t

Exports not roasted and not cooked groundnuts from Côte d'Ivoire

Exports in kind, t

The market displayed volatility during the observed years. Exports reached their lowest point in 2018 at 2 183 tonnes, then surged to 5 834 tonnes in 2020, marking a 121.0% increase from 2019. The peak-to-trough amplitude from 2018 to 2020 was 2.7 times, with the largest decline of 50.2% occurring in 2018.

Annual dynamics of product's exports from Côte d'Ivoire in kind, 2017-2020, t

From 2017 to 2020, Mali, Liberia, and Burkina Faso were the core markets for Côte d'Ivoire's exports of unroasted and uncooked groundnuts in volume terms. Mali accounted for 52.1% of exports, Liberia for 13.3%, and Burkina Faso for 9.4%, together representing 74.8% 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, K $ US

After a two-year decline, Côte d'Ivoire's exports of unroasted and uncooked groundnuts in value terms rebounded. In 2020, export value reached 531 thousand US dollars, up 68.8% from the previous year. However, over the 2017-2020 period, exports decreased by 53.5%, equivalent to an annualized rate of 22.5%. The lowest value was recorded in 2019 at 315 thousand US dollars, with the largest drop of 67.6% occurring in 2018.

Annual dynamics of product's exports from Côte d'Ivoire in value, 2017-2020, K $ US

From 2017 to 2020, Vietnam, Liberia, and Mali were the key partners for Côte d'Ivoire's exports of unroasted and uncooked groundnuts in value terms. Vietnam contributed 24.0% of exports, Liberia 22.1%, and Mali 15.6%, collectively accounting for 61.7% 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 not roasted and not cooked groundnuts to Côte d'Ivoire

Imports in kind, t

The market for imports in volume terms was volatile during these years. Imports hit a low of 1 132 tonnes in 2018, then peaked at 6 106 tonnes in 2019, showing a 5.4-fold difference between these years. In 2020, imports stood at 6 092 tonnes, remaining stable compared to 2019. The largest decline of 41.5% was in 2018, while the largest increase of 439.3% occurred in 2019.

Annual dynamics of product's imports to Côte d'Ivoire in kind, 2017-2020, t

From 2017 to 2020, Mali was the dominant partner for Côte d'Ivoire's imports of unroasted and uncooked groundnuts in volume terms, accounting for 90.4% of total flows.

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, K $ US

Côte d'Ivoire's imports of unroasted and uncooked groundnuts in value terms increased for the third consecutive year. In 2020, imports amounted to 657 thousand US dollars, reflecting a robust 11.5% rise from the prior year. Over the 2017-2020 period, imports surged by 875%, with an average annual growth rate of 113.6%.

Annual dynamics of product's imports to Côte d'Ivoire in value, 2017-2020, K $ US

From 2017 to 2020, nearly all imports of unroasted and uncooked groundnuts to Côte d'Ivoire in value terms were linked to Mali, which held a 92.5% share of total flows.

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