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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).
Tunisian MY 2024/25 soybean imports are expected to reach 555,000 MT, compared to 550,000 MT in MY 2023/24 as demand for animal feed increases slightly.
Egyptian traders and crushers continue to demand sustainability and quality of supply, both of which are key features of U.S.-origin soybean. This demand produced another record year for U.S.-origin soybean exports to Egypt with 4.07 MMT in exports, was by far Egypt’s largest supplier of soybeans in marketing year 2021/22.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Marketing year 2020/21 was another record year for U.S.-origin soybean exports to Egypt. The United States, with 2.53 MMT in exports, was Egypt’s largest supplier of soybeans. Egypt’s soybean imports in marketing year (MY) 2022/23 (October-September) are forecast at 4.0 million metric tons (MMT), up 400,000 MT from the MY 2021/22 estimate.
Tunisian MY 2022/23 soybean imports are expected to reach 560,000 MT, compared to 555,000 MT in MY 2021/22. Tunisian olive oil exports are forecast to reach 135,000 MT in MY 2022/23, compared to 200,000 MT in MY 2021/22.
Marketing year 2019/20 was another record year for U.S.-origin soybean exports to Egypt.
Post forecasts Tunisia’s MY 2021/22 soybean imports to reach 640,000 MT, compared to 615,000 MT in MY 2020/21...
Egypt’s soybean imports in marketing year (MY) 2020/21 (October-September) are forecast at 3.8 million metric tons (MMT), up 100,000 MT from the MY 2019/20 estimate.
Post forecasts Tunisia’s MY 2020/21 soybean imports to reach 720,000 MT, compared to 680,000 MT in MY 2019/20, while at the same time, olive oil exports are forecast to reach 130,000 MT....
In 2018, the United States and Morocco negotiated terms for U.S. poultry and beef market access, which should be a new opportunity for U.S. exporters.