Cote d'Ivoire: Contact Lense Market 2024

Contact Lense Market Size in Cote d'Ivoire

The Cote d'Ivoire's contact lense market fell to $X in 2022, declining by -7.3% against the previous year. Overall, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -19.2% against 2019 indices. Contact lense consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Contact Lense Production in Cote d'Ivoire

In value terms, contact lense production fell to $X in 2022 estimated in export price. Overall, the total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -23.4% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 81%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Contact Lense Exports

Exports from Cote d'Ivoire

After three years of growth, overseas shipments of contact lenses decreased by -36.3% to X units in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 9,760% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, contact lense exports shrank significantly to $X in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 10,746% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for contact lense exports from Cote d'Ivoire, accounting for a 100% share of total exports. It was followed by Slovenia (X units), with a 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest.

In value terms, Canada ($X) emerged as the key foreign market for contact lenses exports from Cote d'Ivoire, comprising 100% of total exports. The second position in the ranking was held by Slovenia ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

In 2022, the average contact lense export price amounted to $X per unit, surging by 18% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 37%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Slovenia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (-2.8%).

Contact Lense Imports

Imports into Cote d'Ivoire

In 2022, the amount of contact lenses imported into Cote d'Ivoire surged to X units, with an increase of 17% on the previous year. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 447% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, contact lense imports amounted to $X in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 383% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

France (X units), the United Arab Emirates (X units) and China (X units) were the main suppliers of contact lense imports to Cote d'Ivoire, with a combined 85% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +89.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and France ($X) constituted the largest contact lense suppliers to Cote d'Ivoire, together comprising 83% of total imports.

The United Arab Emirates, with a CAGR of +130.3%, 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 contact lense import price amounted to $X per unit, falling by -13.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 85% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Nigeria ($X per unit) and the United Arab Emirates ($X per unit), while the price for France ($X per unit) and Ghana ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform