Cote d'Ivoire: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Cote d'Ivoire

The Cote d'Ivoire's bituminous mixtures market expanded rapidly to $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Bituminous Mixtures Production in Cote d'Ivoire

In value terms, bituminous mixtures production expanded significantly to $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Bituminous Mixtures Exports

Exports from Cote d'Ivoire

In 2022, overseas shipments of bituminous mixtures decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, bituminous mixtures exports shrank markedly to $X in 2022. Over the period under review, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mali (X tons) was the main destination for bituminous mixtures exports from Cote d'Ivoire, with a X% share of total exports. Moreover, bituminous mixtures exports to Mali exceeded the volume sent to the second major destination, Benin (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume to Mali totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (X% per year) and Burkina Faso (X% per year).

In value terms, the largest markets for bituminous mixtures exported from Cote d'Ivoire were Mali ($X), Benin ($X) and Burkina Faso ($X).

In terms of the main countries of destination, Mali, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average bituminous mixtures export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bituminous mixtures export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bituminous Mixtures Imports

Imports into Cote d'Ivoire

In 2022, purchases abroad of bituminous mixtures increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bituminous mixtures imports soared to $X in 2022. Over the period under review, imports continue to indicate a modest increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Egypt (X tons) constituted the largest bituminous mixtures supplier to Cote d'Ivoire, with a X% share of total imports. Moreover, bituminous mixtures imports from Egypt exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Egypt was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest bituminous mixtures suppliers to Cote d'Ivoire were Egypt ($X), France ($X) and Morocco ($X), with a combined X% share of total imports. Spain, Greece, the United Arab Emirates, Poland and China lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bituminous mixtures import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price saw a perceptible slump. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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