Cote d'Ivoire: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Cote d'Ivoire

In 2022, the Cote d'Ivoire's jacks and hoists market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate modest growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Jacks And Hoists Exports

Exports from Cote d'Ivoire

After three years of growth, shipments abroad of jacks and hoists for raising vehicles decreased by X% to X units in 2022. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, jacks and hoists exports shrank remarkably to $X in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X units) was the main destination for jacks and hoists exports from Cote d'Ivoire, with a X% share of total exports. Moreover, jacks and hoists exports to Vietnam exceeded the volume sent to the second major destination, Belgium (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Benin (X% per year).

In value terms, Vietnam ($X) emerged as the key foreign market for jacks and hoists for raising vehicles exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was held by Benin ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average jacks and hoists export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price saw mild growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (X%), while the prices for the other major destinations experienced mixed trend patterns.

Jacks And Hoists Imports

Imports into Cote d'Ivoire

In 2022, imports of jacks and hoists for raising vehicles into Cote d'Ivoire contracted modestly to X units, with a decrease of X% on the previous year. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, jacks and hoists imports fell to $X in 2022. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), France (X units) and the UK (X units) were the main suppliers of jacks and hoists imports to Cote d'Ivoire, together accounting for X% of total imports. Italy, Lebanon, Germany and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jacks and hoists suppliers to Cote d'Ivoire were France ($X), China ($X) and Italy ($X), with a combined X% share of total imports. Germany, Malaysia, the UK and Lebanon lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average jacks and hoists import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a deep contraction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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