Nigeria leads in global Karite nut production, valued at $121.68 million, significantly outpacing other countries. Burkina Faso, Mali, and Benin follow with production values of $51.2 million, $50.54 million, and $37.45 million, respectively. In 2023, Benin experienced the highest growth rate of 8.06%, while Mali and Ghana noted declines of 0.11% and 0.86%, respectively. Over the past five years, the industry has shown modest but significant growth rates overall, indicating an upward trend with variations across countries.
Future trends to watch in the global Karite nuts market include technological advancements, policy changes affecting agricultural practices, and the impact of climate change on production. Additionally, increased global demand for sustainable beauty and food products utilizing shea butter may drive further growth in this sector.
Top countries in Karite Nuts Gross Production by Country
| # | 7 Countries | Thousand US Dollars PPP = 2004–2006 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Nigeria | 121,680 | 2023 | +0.66% | +0.79% | View data |
| 2 | 2 Burkina Faso | 51,200 | 2023 | +0.38% | +4% | View data |
| 3 | 3 Mali | 50,540 | 2023 | +6.04% | -0.11% | View data |
| 4 | 4 Benin | 37,450 | 2023 | +15.38% | +8.06% | View data |
| 5 | 5 Ivory Coast | 11,890 | 2023 | +0.92% | +0.63% | View data |
| 6 | 6 Ghana | 11,460 | 2023 | -1.62% | -0.86% | View data |
| 7 | 7 Togo | 4,630 | 2023 | +0.89% | +0.22% | View data |
