Cote d'Ivoire: Ceramic Sanitary Ware Market 2024

Ceramic Sanitary Ware Market Size in Cote d'Ivoire

The Cote d'Ivoire's ceramic sanitary ware market shrank markedly to $X in 2022, declining by -33.3% 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). Over the period under review, consumption saw a deep contraction. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Ceramic Sanitary Ware Exports

Exports from Cote d'Ivoire

In 2022, approx. X units of ceramic sinks, baths, water closet pans and similar sanitary fixtures were exported from Cote d'Ivoire; surging by 185% on 2021 figures. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 671%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, ceramic sanitary ware exports soared to $X in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 442%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Burkina Faso (X units) was the main destination for ceramic sanitary ware exports from Cote d'Ivoire, with a 68% share of total exports. Moreover, ceramic sanitary ware exports to Burkina Faso exceeded the volume sent to the second major destination, Mali (X units), threefold. Niger (X units) ranked third in terms of total exports with a 23% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso amounted to +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (+7.5% per year) and Niger (+33.0% per year).

In value terms, the largest markets for ceramic sanitary ware exported from Cote d'Ivoire were Burkina Faso ($X), Niger ($X) and Mali ($X), with a combined 93% share of total exports. Togo and Congo lagged somewhat behind, together accounting for a further 6.8%.

In terms of the main countries of destination, Togo, with a CAGR of +76.0%, saw the highest growth rate of 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 average ceramic sanitary ware export price amounted to $X per unit, with an increase of 67% against the previous year. Overall, the export price showed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Niger ($X per unit), while the average price for exports to Congo ($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 Togo (+48.4%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Sanitary Ware Imports

Imports into Cote d'Ivoire

In 2022, approx. X units of ceramic sinks, baths, water closet pans and similar sanitary fixtures were imported into Cote d'Ivoire; waning by -33.3% on the previous year's figure. In general, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 200%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, ceramic sanitary ware imports shrank remarkably to $X in 2022. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 194% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of ceramic sanitary ware to Cote d'Ivoire, with a 150% share of total imports. Moreover, ceramic sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, India (X units), sixfold. The third position in this ranking was held by Morocco (X units), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-12.9% per year) and Morocco (-5.8% per year).

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures to Cote d'Ivoire, comprising 132% of total imports. The second position in the ranking was held by Spain ($X), with a 22% share of total imports. It was followed by Morocco, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+10.1% per year) and Morocco (-1.6% per year).

Import Prices by Country

The average ceramic sanitary ware import price stood at $X per unit in 2022, stabilizing at the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 17%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 the United Arab Emirates ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform