News

Côte d'Ivoire: A thriving poultry industry

Ivory Coast
Regulation & Compliances
Market & Price Trends
Published Nov 28, 2023

Tridge summary

The strategic plans for the recovery of poultry farming and the transformation of aquaculture in Côte d'Ivoire aim to increase production and promote local consumption. Poultry farming has seen significant growth in recent years, with local supply covering most of the national demand. The poultry sector has benefited from a tax on frozen chicken imports, which has allowed it to develop rapidly. However, there are challenges in terms of biosecurity and market sales, and efforts are needed to improve traceability and customs checks. Aquaculture in the country has not kept up with demand, leading to significant imports of frozen fish. Similar measures to those taken in the poultry sector, such as taxing frozen fish and removing VAT on locally produced food, could help develop the aquaculture market. The rules and market conditions are crucial for investors, and favorable conditions could lead to rapid market development.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Second Generation Strategic Plan for the Recovery of Poultry Farming (PSRAII), which covers the period 2022-2031, aims to increase the production of poultry meat to 200,000 tonnes and of eggs to 3,371 million per year by 2030. As for the Strategic Program for the Transformation of Aquaculture in Côte d'Ivoire (PSTACI) over 2022-2030, the objective is to allow Ivorians to consume 100% local fish by 2023 with a production of 500,000 tonnes. A Thriving poultry industry Poultry farming has grown considerably in recent years in Côte d'Ivoire. Since 2009, broiler production has grown at an average rate of 13.9% per year. Today, local supply covers almost all of the national demand, which is growing, with poultry meat being very competitive in terms of price compared to beef, pork or fish. “Côte d'Ivoire made the very right decision in 2009 by establishing a tax on frozen chicken imports, which allowed the poultry sector to develop rapidly,” says Mark Hop, managing director of the ...
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