Cote d'Ivoire: Circuit Breaker Market 2025

Circuit Breaker Market Size in Cote d'Ivoire

The Cote d'Ivoire's circuit breaker market contracted markedly to $X in 2022, which is down by -28.4% 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). Overall, consumption, however, recorded resilient growth. As a result, consumption reached the peak level of $X, and then contracted remarkably in the following year.

Circuit Breaker Exports

Exports from Cote d'Ivoire

In 2022, after two years of decline, there was growth in shipments abroad of automatic circuit breakers, when their volume increased by 4.8% to X units. Over the period under review, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 121% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, circuit breaker exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2015 with an increase of 330%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X units) was the main destination for circuit breaker exports from Cote d'Ivoire, accounting for a 83% share of total exports. Moreover, circuit breaker exports to Burkina Faso exceeded the volume sent to the second major destination, Belgium (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso totaled +33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-23.7% per year) and the Netherlands (+58.5% per year).

In value terms, Burkina Faso ($X) remains the key foreign market for automatic circuit breakers exports from Cote d'Ivoire, comprising 98% of total exports. The second position in the ranking was held by Belgium ($X), with a 0.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Burkina Faso stood at +44.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-38.5% per year) and the Netherlands (+39.7% per year).

Export Prices by Country

In 2022, the average circuit breaker export price amounted to $X per unit, picking up by 42% against the previous year. Overall, the export price showed resilient growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 627% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+297.1%), while the prices for the other major destinations experienced more modest paces of growth.

Circuit Breaker Imports

Imports into Cote d'Ivoire

In 2022, imports of automatic circuit breakers into Cote d'Ivoire shrank dramatically to X units, with a decrease of -32.1% on the previous year. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 141% against the previous year. As a result, imports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, circuit breaker imports contracted markedly to $X in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 115%. Over the period under review, imports hit record highs at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, France (X units) constituted the largest supplier of circuit breaker to Cote d'Ivoire, accounting for a 25% share of total imports. Moreover, circuit breaker imports from France exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Spain (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+49.0% per year) and Spain (+26.7% per year).

In value terms, France ($X) constituted the largest supplier of automatic circuit breakers to Cote d'Ivoire, comprising 25% of total imports. The second position in the ranking was taken by Spain ($X), with a 12% share of total imports. It was followed by India, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+15.6% per year) and India (+54.9% per year).

Import Prices by Country

In 2022, the average circuit breaker import price amounted to $X per unit, increasing by 8.4% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 15%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 India ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform