As the staple foods market in Côte d’Ivoire was recovering from the impact of the COVID-19 pandemic, it was hit by high rates of global inflation. This had a marked impact on prices in certain product categories.
In 2023, some staples categories suffered from the global increase in the price of wheat. This put pressure on categories such as baked goods, with demand waning slightly due to the higher prices.
Côte d’Ivoire is one of the largest economies in West Africa, with a promising growth outlook and favourable demographic prospects. Economic growth is expected to continue following robust recovery from the COVID-19 crisis.
The political climate in Cote d'Ivoire has been stable since the presidential elections in October 2020. This peaceful political climate has allowed companies to continue business as usual and consumer confidence to increase.
Open markets remains the most popular distribution channel for staple foods. This is by far the most traditional retail channel and many people have strong cultural ties to open markets.
Retail volume sales of staple foods will exhibit robust growth during the forecast period. Growth will be supported by ongoing population growth and urbanisation, in addition to an anticipated economic rebound and widening distribution, as the country’s retail infrastructure continues to modernise.
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Staple Foods
NOTE: Couscous, polenta and quinoa are excluded from staple foods.
See All of Our DefinitionsThis report originates from Passport, our Staple Foods research and analysis database.
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