Cote d'Ivoire: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Cote d'Ivoire

The Cote d'Ivoire's sweet biscuit market expanded remarkably to $X in 2023, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a strong expansion. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Sweet Biscuit Exports

Exports from Cote d'Ivoire

Sweet biscuit exports from Cote d'Ivoire soared to X tons in 2023, jumping by X% against the previous year's figure. Overall, exports, however, recorded a perceptible reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, sweet biscuit exports soared to $X in 2023. Over the period under review, exports, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Mali (X tons) was the main destination for sweet biscuit exports from Cote d'Ivoire, accounting for a X% share of total exports. Moreover, sweet biscuit exports to Mali exceeded the volume sent to the second major destination, Burkina Faso (X tons), threefold. Liberia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Mali totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Liberia (X% per year).

In value terms, Mali ($X) remains the key foreign market for sweet biscuits exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total exports. It was followed by Liberia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Mali totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Liberia (X% per year).

Export Prices by Country

In 2023, the average sweet biscuit export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price saw a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to Liberia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Niger (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Biscuit Imports

Imports into Cote d'Ivoire

In 2023, approx. X tons of sweet biscuits were imported into Cote d'Ivoire; with an increase of X% against the previous year's figure. Over the period under review, total imports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, sweet biscuit imports soared to $X in 2023. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Iran (X tons) and Ghana (X tons) were the main suppliers of sweet biscuit imports to Cote d'Ivoire, together accounting for X% of total imports. Thailand, Indonesia, Egypt, India and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit suppliers to Cote d'Ivoire were France ($X), Ghana ($X) and Turkey ($X), with a combined X% share of total imports. Iran, Egypt, Indonesia, Thailand and India lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sweet biscuit import price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price saw a moderate increase. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iran (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform