Cote d'Ivoire: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Cote d'Ivoire

The Cote d'Ivoire's fungicide and bactericide market fell to $X in 2022, with a decrease of 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). In general, consumption, however, recorded strong growth. Fungicide and bactericide consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Fungicide And Bactericide Exports

Exports from Cote d'Ivoire

In 2022, shipments abroad of fungicides, bactericides and seed treatments decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined significantly in the following year.

In value terms, fungicide and bactericide exports reduced sharply to $X in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Cameroon (X tons) was the main destination for fungicide and bactericide exports from Cote d'Ivoire, with a X% share of total exports. Moreover, fungicide and bactericide exports to Cameroon exceeded the volume sent to the second major destination, Ghana (X tons), threefold. Senegal (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Ghana ($X), Senegal ($X) and Cameroon ($X) constituted the largest markets for fungicide and bactericide exported from Cote d'Ivoire worldwide, with a combined X% share of total exports. Liberia, Guinea and Mali lagged somewhat behind, together accounting for a further X%.

Guinea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fungicide and bactericide export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Guinea ($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 Guinea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fungicide And Bactericide Imports

Imports into Cote d'Ivoire

In 2022, imports of fungicides, bactericides and seed treatments into Cote d'Ivoire contracted to X tons, declining by X% on 2021 figures. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, fungicide and bactericide imports declined sharply to $X in 2022. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest fungicide and bactericide supplier to Cote d'Ivoire, accounting for a X% share of total imports. Moreover, fungicide and bactericide imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

In value terms, China ($X), the United States ($X) and India ($X) appeared to be the largest fungicide and bactericide suppliers to Cote d'Ivoire, together comprising X% of total imports. Germany, France, Costa Rica and Belgium lagged somewhat behind, together accounting for a further X%.

Costa Rica, with a CAGR of X%, saw 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

In 2022, the average fungicide and bactericide import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average 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 Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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