Key Market Indicators
Ivorian Animal Feed Export Set for Decline by 2028 ABIDJAN, Ivory Coast – Ivory Coast's animal feed export is projected to decline in the coming years. By 2028, the export volume is expected to reach approximately 3.9 million kilograms, down from about 4.4 million kilograms in 2023. This represents an annual decrease of 1.9% on a compound annual growth rate (CAGR) basis. Despite this forecasted decline, there has been notable growth in the sector over the past two decades. Since 2000, the Ivorian supply of animal feed has increased by an average of 5.6% annually. In 2023, Ivory Coast ranked 73rd globally in animal feed exports, with Morocco surpassing it by exporting the same volume of 4.4 million kilograms. Globally, Germany, Belgium, and the United States held the top three positions in animal feed exports, respectively. Conversely, Ivory Coast's animal feed import is on an upward trajectory. By 2028, imports are expected to reach nearly 34.9 million kilograms, up from around 29.9 million kilograms in 2023. This marks an average annual growth rate of 2.4%. The demand for animal feed in Ivory Coast has surged significantly since 2000, with an annual increase of 5.5% on average.
