Cote d'Ivoire: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Cote d'Ivoire

The Cote d'Ivoire's market for plastics pipes and pipe fittings shrank to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, showed a perceptible expansion. Plastics pipe and pipe fitting consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Plastics Pipes And Pipe Fittings in Cote d'Ivoire

In value terms, plastics pipe and pipe fitting production dropped slightly to $X in 2022 estimated in export price. In general, the total production indicated moderate growth 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 increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports from Cote d'Ivoire

Plastics pipe and pipe fitting exports from Cote d'Ivoire surged to X tons in 2022, growing by X% compared with the previous year's figure. In general, exports continue to indicate a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastics pipe and pipe fitting exports soared to $X in 2022. Over the period under review, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Burkina Faso (X tons), Niger (X tons) and Mali (X tons) were the main destinations of plastics pipe and pipe fitting exports from Cote d'Ivoire, together comprising X% of total exports. Benin, Senegal, Togo, Gabon, Guinea, Sierra Leone and Ghana lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for plastics pipe and pipe fitting exported from Cote d'Ivoire were Burkina Faso ($X), Mali ($X) and Togo ($X), with a combined X% share of total exports.

Togo, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for plastics pipes and pipe fittings stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Ghana ($X per ton), while the average price for exports to Niger ($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 Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Cote d'Ivoire

In 2022, imports of plastics pipes and pipe fittings into Cote d'Ivoire reduced to X tons, with a decrease of X% compared with 2021. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, plastics pipe and pipe fitting imports fell slightly to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted modestly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest plastics pipe and pipe fitting supplier to Cote d'Ivoire, accounting for a X% share of total imports. Moreover, plastics pipe and pipe fitting imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. 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: Italy (X% per year) and Turkey (X% per year).

In value terms, the largest plastics pipe and pipe fitting suppliers to Cote d'Ivoire were Italy ($X), China ($X) and Ghana ($X), with a combined X% share of total imports. Turkey, France, Israel and Spain lagged somewhat behind, together comprising a further X%.

Turkey, 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

In 2022, the average import price for plastics pipes and pipe fittings amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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