Cote d'Ivoire: Needle Roller Bearing Market 2024

Needle Roller Bearing Market Size in Cote d'Ivoire

The Cote d'Ivoire's needle roller bearing market surged to $X in 2022, picking up 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 enjoyed a mild increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Needle Roller Bearing Exports

Exports from Cote d'Ivoire

In 2022, overseas shipments of needle roller bearings decreased by X% to X kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2019 when exports increased by X%. The Cote d'Ivoire exports peaked at X kg in 2021, and then reduced dramatically in the following year.

In value terms, needle roller bearing exports fell markedly to $X in 2022. Overall, exports, however, recorded a significant increase. The smallest decline of X% was in 2018. The Cote d'Ivoire exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X tons), distantly followed by Japan (X tons), Germany (X tons), Slovakia (X tons) and France (X tons) represented the major exporters of needle roller bearings, together generating X% of total exports. South Korea (X tons), the United States (X tons), Mexico (X tons), the Czech Republic (X tons), Romania (X tons) and the Netherlands (X tons) held a little share of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Slovakia, the United States, France, South Korea, the Netherlands, the Czech Republic, Mexico and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Mexico, 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 more modest paces of growth.

Export Prices by Country

In 2022, the export price in Cote d'Ivoire amounted to $X per ton, jumping by X% against the previous year. Overall, the export price recorded a prominent expansion. The Cote d'Ivoire export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other leaders experienced more modest paces of growth.

Needle Roller Bearing Imports

Imports into Cote d'Ivoire

In 2022, approx. X tons of needle roller bearings were imported into Cote d'Ivoire; increasing by X% on the previous year. In general, imports recorded a tangible expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, needle roller bearing imports surged to $X in 2022. Over the period under review, imports posted modest growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons), distantly followed by the United States (X tons) and Mexico (X tons) represented the major importers of needle roller bearings, together constituting X% of total imports. The following importers - China (X tons), South Korea (X tons), Nigeria (X tons), Thailand (X tons), Brazil (X tons), France (X tons), Indonesia (X tons), Japan (X tons), Italy (X tons) and Spain (X tons) - together made up X% of total imports.

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

In value terms, the largest needle roller bearing importing markets into Cote d'Ivoire were Germany ($X), the United States ($X) and Mexico ($X), together accounting for X% of total imports. China, South Korea, Japan, Italy, Thailand, Brazil, France, Indonesia, Spain and Nigeria lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Nigeria, 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

The import price in Cote d'Ivoire stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then contracted markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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