Cote d'Ivoire: Grinding Machine Market 2024

Grinding Machine Market Size in Cote d'Ivoire

The Cote d'Ivoire's grinding machine market dropped to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, enjoyed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Grinding Machine Production in Cote d'Ivoire

In value terms, grinding machine production fell to $X in 2022 estimated in export price. Overall, production, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Grinding machine production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Grinding Machine Exports

Exports from Cote d'Ivoire

In 2022, shipments abroad of machines having individual functions, for mixing, kneading, crushing or grinding decreased by X% to X units, falling for the fourth consecutive year after three years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, grinding machine exports soared to $X in 2022. In general, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X units), Ghana (X units) and Madagascar (X units) were the main destinations of grinding machine exports from Cote d'Ivoire, with a combined X% share of total exports. Moreover, grinding machine exports in Burkina Faso exceeded the figures recorded by the second-largest exporter, Ghana, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burkina Faso (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Burkina Faso ($X) and Senegal ($X) appeared to be the largest markets for grinding machine exported from Cote d'Ivoire worldwide, with a combined X% share of total exports. Cameroon, Ghana, South Africa, Mali, France, Belgium, the UK, Benin, Qatar and Madagascar lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, South Africa, with a CAGR of X.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average grinding machine export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price saw a strong expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per unit), while the average price for exports to Madagascar ($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 South Africa (X.7%), while the prices for the other major destinations experienced more modest paces of growth.

Grinding Machine Imports

Imports into Cote d'Ivoire

In 2022, overseas purchases of machines having individual functions, for mixing, kneading, crushing or grinding increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, grinding machine imports skyrocketed to $X in 2022. Overall, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

France (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of grinding machine imports to Cote d'Ivoire, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest grinding machine suppliers to Cote d'Ivoire were France ($X), the Czech Republic ($X) and Germany ($X), together comprising X% of total imports. Italy, the Netherlands, China and Spain lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Netherlands, 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 grinding machine import price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Czech Republic ($X per unit) and Germany ($X per unit), while the price for China ($X per unit) and France ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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