Cote d'Ivoire: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Cote d'Ivoire

The Cote d'Ivoire's tomato ketchup market contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Tomato ketchup consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Tomato Ketchup Production in Cote d'Ivoire

In value terms, tomato ketchup production reduced to $X in 2022 estimated in export price. Overall, production, however, posted a modest increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Tomato ketchup production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Tomato Ketchup Exports

Exports from Cote d'Ivoire

In 2022, the amount of tomato ketchup and tomato sauces exported from Cote d'Ivoire skyrocketed to X tons, rising by X% on 2021. In general, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tomato ketchup exports surged to $X in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mali (X tons) was the main destination for tomato ketchup exports from Cote d'Ivoire, with a X% share of total exports. Moreover, tomato ketchup exports to Mali exceeded the volume sent to the second major destination, Guinea (X tons), threefold. The third position in this ranking was taken by Ghana (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Mali amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guinea (X.5% per year) and Ghana (X% per year).

In value terms, Mali ($X) emerged as the key foreign market for tomato ketchup and tomato sauces exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with an X% share of total exports. It was followed by Guinea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mali stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Guinea (X.3% per year).

Export Prices by Country

In 2022, the average tomato ketchup export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price posted a temperate expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (X%), while the prices for the other major destinations experienced a decline.

Tomato Ketchup Imports

Imports into Cote d'Ivoire

For the third consecutive year, Cote d'Ivoire recorded decline in purchases abroad of tomato ketchup and tomato sauces, which decreased by X% to X tons in 2022. Overall, imports, however, enjoyed noticeable growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, tomato ketchup imports reduced dramatically to $X in 2022. Over the period under review, imports, however, showed a temperate expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), Lebanon (X tons) and Spain (X tons) were the main suppliers of tomato ketchup imports to Cote d'Ivoire, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Italy ($X) were the largest tomato ketchup suppliers to Cote d'Ivoire, together accounting for X% of total imports. Oman, Lebanon, Belgium, Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 tomato ketchup import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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