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- (-) Oilseeds (excl. soybean)
- (-) Cote d'Ivoire
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Côte d’Ivoire ranks as Africa’s second largest producer of crude palm oil (CPO); trailing just behind Nigeria’s production, it is a pivotal player in the sub-Saharan regional market.
Côte d'Ivoire is one of the leading producers of palm oil in Africa, with annual production exceeding 500,000 metric tons since 2018. The country consumes over 75% of its palm oil production domestically, with palm oil being a staple for 90% of the population. The high domestic demand for palm oil outstrips supply, creating intense competition for fresh fruit bunches (FFB).
The production of sesame and soybeans is forecast to climb in MY18/19 (Oct-Sep), while Niger seed production is expected to remain unchanged.
Ethiopia’s agriculture imports reached $1.8 billion in 2015. Future imports are expected to increase as the country’s economy and population continue to grow.
In contrast to the huge drought-related losses in grain production, Ethiopia’s production of major oilseeds is expected to increase to nearly 790,000 metric tons in MY15/16 (Oct-Sep).