Cote d'Ivoire: Spherical Roller Bearing Market 2024

Spherical Roller Bearing Market Size in Cote d'Ivoire

For the third consecutive year, the Cote d'Ivoire's spherical roller bearing market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption saw strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Spherical Roller Bearing Exports

Exports from Cote d'Ivoire

After three years of growth, shipments abroad of spherical roller bearings decreased by X% to X kg in 2022. Over the period under review, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at X kg in 2021, and then reduced slightly in the following year.

In value terms, spherical roller bearing exports dropped modestly to $X in 2022. Overall, exports, however, showed a prominent increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The Cote d'Ivoire exports peaked at $X in 2021, and then fell modestly in the following year.

Exports by Country

China represented the key exporting country with an export of around X tons, which recorded X% of total exports. Germany (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (X%), Japan (X%), Romania (X%) and Belgium (X%). Malaysia (X tons), France (X tons), the UK (X tons), Singapore (X tons), Italy (X tons), the United States (X tons) and Belarus (X tons) held a little share of total exports.

Exports from China increased at an average annual rate of X% from 2014 to 2022. At the same time, Belgium (X%), Malaysia (X%), Romania (X%), France (X%) and Italy (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2014-2022. Germany and Japan experienced a relatively flat trend pattern. By contrast, Sweden (X%), the UK (X%), Belarus (X%), Singapore (X%) and the United States (X%) illustrated a downward trend over the same period. China (X p.p.), Belgium (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the global exports, while the UK, Belarus, Germany, the United States, Japan, Singapore and Sweden saw its share reduced by X%, X%, X%, X%, X%, X% and X% from 2014 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Germany ($X) and China ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Japan, Belgium, the United States, Romania, Malaysia, the UK, France, Singapore, Italy and Belarus lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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, declining by X% against the previous year. Overall, the export price, however, showed modest growth. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2014 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.

Spherical Roller Bearing Imports

Imports into Cote d'Ivoire

Spherical roller bearing imports into Cote d'Ivoire surged to X tons in 2022, jumping by X% on 2021 figures. Over the period under review, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, spherical roller bearing imports soared to $X in 2022. In general, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of spherical roller bearing imports in 2022 were Belgium (X tons), China (X tons), the United States (X tons), Germany (X tons), India (X tons), Russia (X tons), France (X tons), Brazil (X tons), Denmark (X tons), South Korea (X tons), Thailand (X tons) and Turkey (X tons), together resulting at X% of total import. Italy (X tons) took a little share of total imports.

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

In value terms, China ($X), the United States ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. India, Germany, France, Brazil, Italy, South Korea, Russia, Turkey, Denmark and Thailand lagged somewhat behind, together comprising a further X%.

Among the main importing countries, India, with a CAGR of X%, saw 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

The import price in Cote d'Ivoire stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :