Cote d'Ivoire: Market for Rubber-to-Metal and Moulded Articles 2024

Market Size for Rubber-to-Metal and Moulded Articles in Cote d'Ivoire

The Cote d'Ivoire's rubber-to-metal and moulded article market expanded significantly to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a noticeable setback. Rubber-to-metal and moulded article consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports from Cote d'Ivoire

Rubber-to-metal and moulded article exports from Cote d'Ivoire skyrocketed to X tons in 2022, with an increase of X% compared with the previous year's figure. Over the period under review, exports recorded a significant increase. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, rubber-to-metal and moulded article exports skyrocketed to $X in 2022. In general, exports enjoyed a remarkable increase. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for rubber-to-metal and moulded article exports from Cote d'Ivoire, with a X% share of total exports. Moreover, rubber-to-metal and moulded article exports to the United Arab Emirates exceeded the volume sent to the second major destination, France (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for rubber-to-metal and moulded articles exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average rubber-to-metal and moulded article export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

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

Imports of Rubber-to-Metal and Moulded Articles

Imports into Cote d'Ivoire

Rubber-to-metal and moulded article imports into Cote d'Ivoire skyrocketed to X tons in 2022, rising by X% on the year before. Over the period under review, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, rubber-to-metal and moulded article imports expanded significantly to $X in 2022. In general, imports, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. 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

In 2022, China (X tons) constituted the largest supplier of rubber-to-metal and moulded article to Cote d'Ivoire, accounting for a X% share of total imports. Moreover, rubber-to-metal and moulded article imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Turkey (X% per year).

In value terms, the largest rubber-to-metal and moulded article suppliers to Cote d'Ivoire were China ($X), France ($X) and Germany ($X), with a combined X% share of total imports. Italy, Thailand, South Africa, South Korea, India, Switzerland, Turkey and Spain lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of 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 rubber-to-metal and moulded article import price amounted to $X per ton, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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