Palm nuts and kernels market in Côte d'Ivoire

Earlier Report Observations

Palm nuts and kernels market volume in Côte d'Ivoire showed considerable variation between 2018 and 2023. It started at 2.2 million t in 2018, rose to 2.5 million t in 2019, then dipped to 2.4 million t in 2020. A significant surge followed in 2021, lifting the market to 2.8 million t.

After declining to 2.5 million t in 2022, the market volume recovered to 2.6 million t in 2023. This increase aligned with the government's move to establish minimum purchase prices for crude palm oil and palm fruit bunches, a measure designed to structure the market and shield producers, which supported production levels.

Production palm nuts and kernels in Côte d'Ivoire

In kind, 2017-2020, K t

Globally, Côte d'Ivoire ranked as the 13th largest producer of palm nuts and kernels between 2017 and 2020.

Top producers of palm nuts and kernels, 2017-2020

World map of production of palm nuts and kernels, 2017-2020

In 2020, Côte d'Ivoire produced 2 347 thousand tonnes of palm nuts and kernels, marking a 5.6% decrease from the previous year. Over the 2017-2020 period, production grew by 5.4%, with an average annual growth rate of 1.8%. The lowest production level was recorded in 2018 at 2 131 thousand tonnes, while the peak occurred in 2019 with 2 487 thousand tonnes. The most significant year-on-year increase was in 2019, at 16.7%.

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

Exports palm nuts and kernels from Côte d'Ivoire

Exports in kind, t

Export volumes showed notable fluctuations during this period. The lowest exports were in 2017, while the highest were in 2020, with a 73-fold difference between these years. In 2020, Côte d'Ivoire exported 63 tonnes of palm nuts and kernels, representing a sharp year-on-year increase of 409.1%. The largest decline occurred in 2019 at 1.5%, and the largest increase was in 2018 at 1 355.9%.

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

From 2017 to 2020, the main buyers of palm nuts and kernels from Côte d'Ivoire were Burkina Faso (30.6% of exports in kind), Belgium (23.6%), and Portugal (18.1%). Together, these three countries accounted for 72.3% of total exports in kind.

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

Export values experienced significant fluctuations during this period. The lowest value was recorded in 2018, while the highest was in 2019, with a 23-fold difference between these years. In 2020, Côte d'Ivoire exported 12 thousand US dollars worth of palm nuts and kernels, down 71.2% year-on-year. The minimum value was 2 thousand US dollars in 2018, and the maximum was 43 thousand US dollars in 2019. The largest decline occurred in 2018 at 75.2%, and the largest increase was in 2019 at 2 233.5%.

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

Between 2017 and 2020, the largest buyers of palm nuts and kernels from Côte d'Ivoire in value terms were Burundi (64.3% of exports), Pakistan (11.2%), and Belgium (7.2%). Collectively, these three countries made up 82.7% of total exports in value.

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 palm nuts and kernels to Côte d'Ivoire

Imports in kind, t

Côte d'Ivoire's imports of palm nuts and kernels increased for the third consecutive year. In 2020, import volume reached 58 008 tonnes, a sharp rise of 37.4% compared to the previous year. Over the 2017-2020 period, imports grew by 427.9%, with an average annual growth rate of 74.1%.

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

From 2017 to 2020, Liberia was by far the main source for imports in kind of palm nuts and kernels to Côte d'Ivoire, accounting for 99.6% 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 palm nuts and kernels in value terms increased for the third year in a row. In 2020, import value amounted to 9 319 thousand US dollars, representing a significant 61.5% rise compared to 2019. Between 2017 and 2020, imports grew by 457.6%, equating to an annualized rate of 77.3%.

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

Throughout 2017-2020, Liberia was the key partner for imports in value terms, accounting for 99.2% 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