Shelled almonds market in Côte d'Ivoire

Earlier Report Observations

From 2018 to 2020, the shelled almonds market in Côte d'Ivoire was shaped by policies promoting local processing and external events. In 2018, production benefited from an increase in transformation units and fiscal measures that taxed raw nut exports to encourage domestic value addition. The following year, a surge in shelled almond exports, supported by a growing number of processor-exporters, reduced the volume available domestically. The COVID-19 pandemic in 2020 disrupted global supply chains, which, along with continued expansion of local processing capacity, contributed to market adjustments.

The period from 2021 to 2023 saw further industrialization of the sector. The commissioning of modern plants like Dénia Ivoire boosted processing capabilities, while government interventions such as setting farmgate prices supported raw material supply. By 2022, local processing rates approached 22%, aided by the inauguration of dedicated agro-industrial zones. These investments, combined with persistent fiscal incentives for local transformation, enabled Côte d'Ivoire to become the world's second-largest exporter of shelled almonds by 2023. Despite a dip in production, the domestic market volume expanded to 444 tons in 2023, fueled by significant import growth.

Production shelled almonds in Côte d'Ivoire

In kind, 2017-2020, t

From 2017 to 2020, Côte d'Ivoire ranked as the 24th largest producer of shelled almonds globally.

Top producers of shelled almonds, 2017-2020

World map of production of shelled almonds, 2017-2020

In 2020, Côte d'Ivoire produced 345.6 tonnes of shelled almonds, marking a modest year-on-year increase of 0.9%. Over the period from 2017 to 2020, production declined by 10.8%, which translates to an average annual decrease of 3.7%. The lowest production level was recorded in 2019 at 342.4 tonnes, while the peak occurred in 2018 with 403.4 tonnes. The most significant drop in production was observed in 2019, falling by 15.1%, whereas the largest increase took place in 2018, rising by 4.2%.

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

Exports shelled almonds from Côte d'Ivoire

Exports in kind, kg

The market showed an unstable trend throughout the period. Exports reached their lowest point in 2017 and peaked in 2019, with a dramatic 252-fold difference between these years. In 2020, Côte d'Ivoire exported 2 214 kg of shelled almonds, representing a sharp decline of 93.3% compared to the previous year. The highest export volume was recorded in 2019 at 32 998 kg, which also saw the largest increase of 16,155.2%.

Annual dynamics of product's exports from Côte d'Ivoire in kind, 2017-2020, kg

Between 2017 and 2020, Belgium was the dominant buyer of shelled almonds from Côte d'Ivoire, accounting for 94.7% of total exports in volume terms.

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

The data reveals irregular changes, indicating a volatile market environment. Exports hit their lowest point in 2018 and peaked in 2019, with a 283-fold difference between these years. In 2020, the value of shelled almond exports from Côte d'Ivoire reached 10.2 thousand US dollars, reflecting a reduction of 69.4% compared to 2019. The minimum value was recorded in 2018 at 0.1 thousand US dollars, while the maximum was in 2019 at 33.2 thousand US dollars. The largest increase occurred in 2019, surging by 28,155.0%.

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

From 2017 to 2020, Belgium was the primary destination for exports in value terms, accounting for 84.2% of total flows, with other markets forming a long tail of smaller partners.

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 shelled almonds to Côte d'Ivoire

Imports in kind, kg

The market exhibited an unstable trend throughout the timeframe. Imports reached their lowest point in 2019 and peaked in 2020, with a 2-fold gap between these years. In 2020, Côte d'Ivoire imported 28 678 kg of shelled almonds, which is 104.3% higher than the previous year. The minimum import volume was recorded in 2019 at 14 037 kg, and the largest decline occurred in that same year, falling by 18.2%.

Annual dynamics of product's imports to Côte d'Ivoire in kind, 2017-2020, kg

Between 2017 and 2020, France, the United States, and the United Arab Emirates were the principal suppliers of shelled almonds to Côte d'Ivoire in volume terms. France accounted for 37.7% of imports, the United States for 18.6%, and the United Arab Emirates for 14.2%, collectively making up 70.5% of total imports.

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

Volatility characterized the market behavior during these years. Imports bottomed out in 2019 and peaked in 2020, varying by 2.2-fold. In 2020, the value of shelled almond imports into Côte d'Ivoire came to 158.9 thousand US dollars, reflecting an intense increase of 118.0% relative to the prior year. The minimum value was recorded in 2019 at 72.9 thousand US dollars, and the largest decline occurred in that year, dropping by 40.1%.

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

From 2017 to 2020, France, the United States, and the United Arab Emirates led the ranking of suppliers of shelled almonds to Côte d'Ivoire in value terms. France accounted for 39.9% of imports, the United States for 22.1%, and the United Arab Emirates for 14.1%, with their combined share reaching 76.1% of total imports.

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