Cote d'Ivoire: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in Cote d'Ivoire

After two years of growth, the Cote d'Ivoire's non-malleable cast iron articles market decreased by -26% to $X in 2022. Over the period under review, consumption continues to indicate a slight curtailment. Non-malleable cast iron articles consumption peaked at $X in 2021, and then shrank notably in the following year.

Exports of Articles Of Non-Malleable Cast Iron

Exports from Cote d'Ivoire

In 2022, approx. X tons of articles of non-malleable cast iron were exported from Cote d'Ivoire; waning by -30.9% on the previous year's figure. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 6,218% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-malleable cast iron articles exports dropped dramatically to $X in 2022. Overall, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 when exports increased by 9,638%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Togo (X tons) and Niger (X kg) were the main destinations of non-malleable cast iron articles exports from Cote d'Ivoire, together comprising 98% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, the largest markets for non-malleable cast iron articles exported from Cote d'Ivoire were Sweden ($X), Togo ($X) and Niger ($X), together accounting for 97% of total exports.

Sweden, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average non-malleable cast iron articles export price stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the export price, however, continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2016 an increase of 178%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to Sweden ($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 Mali (+9.5%), while the prices for the other major destinations experienced a decline.

Imports of Articles Of Non-Malleable Cast Iron

Imports into Cote d'Ivoire

In 2022, after three years of growth, there was significant decline in purchases abroad of articles of non-malleable cast iron, when their volume decreased by -20.2% to X tons. In general, imports, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 170% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then declined sharply in the following year.

In value terms, non-malleable cast iron articles imports contracted sharply to $X in 2022. Over the period under review, imports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2017 when imports increased by 180%. Imports peaked at $X in 2021, and then fell dramatically in the following year.

Imports by Country

China (X tons), France (X tons) and India (X tons) were the main suppliers of non-malleable cast iron articles imports to Cote d'Ivoire, together accounting for 86% of total imports. Lebanon, Egypt, Singapore and the United Arab Emirates lagged somewhat behind, together comprising a further 9.9%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +66.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-malleable cast iron articles suppliers to Cote d'Ivoire were China ($X), France ($X) and India ($X), together accounting for 83% of total imports. Egypt, Singapore, the United Arab Emirates and Lebanon lagged somewhat behind, together accounting for a further 8.8%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +56.6%, 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

The average non-malleable cast iron articles import price stood at $X per ton in 2022, shrinking by -10.3% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 45% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform