But, as in Nigeria and Ghana, it is the smallholders in Ivory Coast, like Desire-Jacques Porquet, who produce most of the country’s palm oil. "Palm oil is important because it supports two million people [in Ivory Coast]," Mr Porquet says as he turns off the smooth, tarred highway and drives deep into the bush along a winding, dusty track.
What are the major palm oil companies in Côte d’Ivoire?
The biggest names in the industry include Awi, Adamafrique, Adamafrique, Sania, Sarci, and Sifca. Post expects a slight increase in Palm Oil consumption for food over the next two years due to population growth. Côte d’Ivoire’s Palm Oil exports are estimated at 320,000MT for MY2022/23.
Where does palm oil come from?
The palm oil industry originated in West Africa but is now dominated by massive plantations in South-East Asia. The BBC’s Tamasin Ford reports that Ivory Coast, and other African countries, are trying to take the lucrative business back home to tap into its profits.
How is palm oil processed in Côte d’Ivoire?
Palm Oil processing in Côte d’Ivoire is done by 16 large Oil mills and several small and medium-sized Oil mills. These processing facilities can process 800 tons of FFB per hour. Additionally, artisanal processors play a significant role in producing Oil and soap for local communities.
Which countries export palm oil in Cote d’Ivoire?
Post estimated that Cote d’Ivoire’s Palm Oil exports for MY2021/22 will be 300,000MT. Burkina Faso has been the second-largest destination for CPO exports over the last five years, followed by Ghana, Niger, Senegal, Spain, and the Netherlands. India and Cameroon have also recently started to import Ivoirian Palm Oil since MY2021.
Which countries export Ivoirian palm oil?
Burkina Faso has been the second-largest destination for CPO exports over the last five years, followed by Ghana, Niger, Senegal, Spain, and the Netherlands. India and Cameroon have also recently started to import Ivoirian Palm Oil since MY2021. Exports have increased over the last five years at an average of 20 percent annually.