Cote d'Ivoire: Market for Frozen And Fresh Or Chilled Skipjack Tuna 2024

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in Cote d'Ivoire

After two years of growth, the Cote d'Ivoire's market for frozen and fresh or chilled skipjack tuna decreased by X% to $X in 2023. Overall, consumption, however, continues to indicate a strong increase. Consumption of peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in Cote d'Ivoire

In value terms, production of frozen and fresh or chilled skipjack tuna totaled $X in 2023 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2023: its value 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2023, production of growth failed to regain momentum.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports from Cote d'Ivoire

In 2023, approx. X tons of frozen and fresh or chilled skipjack tuna were exported from Cote d'Ivoire; waning by X% compared with the previous year. Over the period under review, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports of reached the maximum at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, exports of frozen and fresh or chilled skipjack tuna dropped to $X in 2023. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for exports of frozen and fresh or chilled skipjack tuna from Cote d'Ivoire, with a X% share of total exports. Moreover, exports of frozen and fresh or chilled skipjack tuna to Colombia exceeded the volume sent to the second major destination, Ecuador (X tons), fourfold. Spain (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 Colombia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Spain (X% per year).

In value terms, Colombia ($X) remains the key foreign market for frozen and fresh or chilled skipjack tuna exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was held by Ecuador ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Colombia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Tunisia (X% per year).

Export Prices by Country

The average export price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Spain ($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 Ghana (X%), while the prices for the other major destinations experienced a decline.

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports into Cote d'Ivoire

In 2023, purchases abroad of frozen and fresh or chilled skipjack tuna decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2022, and then shrank notably in the following year.

In value terms, imports of frozen and fresh or chilled skipjack tuna declined sharply to $X in 2023. Over the period under review, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

Senegal (X tons), Mauritania (X tons) and Seychelles (X tons) were the main suppliers of imports of frozen and fresh or chilled skipjack tuna to Cote d'Ivoire, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Seychelles (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen and fresh or chilled skipjack tuna suppliers to Cote d'Ivoire were Mauritania ($X), Senegal ($X) and Spain ($X), together comprising X% of total imports. Seychelles, France, Morocco, China and Ghana lagged somewhat behind, together comprising a further X%.

Seychelles, 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 import price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2023, remaining constant against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform