Cote d'Ivoire: Cosmetics Market 2024

Cosmetics Market Size in Cote d'Ivoire

The Cote d'Ivoire's cosmetics market fell significantly to $X in 2022, shrinking by X% against the previous year. Overall, consumption saw a mild decrease. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Cosmetics Production in Cote d'Ivoire

In value terms, cosmetics production stood at $X in 2022 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Cosmetics production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Cosmetics Exports

Exports from Cote d'Ivoire

In 2022, cosmetics exports from Cote d'Ivoire rose modestly to X tons, surging by X% against 2021. In general, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cosmetics exports expanded slightly to $X in 2022. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Ghana (X tons), Nigeria (X tons) and Burkina Faso (X tons) were the main destinations of cosmetics exports from Cote d'Ivoire, with a combined X% share of total exports. Senegal, Mali, Togo, Guinea, Angola, Chad, Mozambique, Liberia, Democratic Republic of the Congo and Zambia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Ghana ($X), Nigeria ($X) and Burkina Faso ($X) constituted the largest markets for cosmetics exported from Cote d'Ivoire worldwide, together accounting for X% of total exports. Senegal, Guinea, Togo, Mali, Angola, Mozambique, Democratic Republic of the Congo, Liberia, Chad and Zambia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Guinea, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average cosmetics export price stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Angola ($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 Burkina Faso (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cosmetics Imports

Imports into Cote d'Ivoire

In 2022, supplies from abroad of cosmetics decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, recorded tangible growth. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cosmetics imports reduced notably to $X in 2022. In general, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

France (X tons), China (X tons) and Spain (X tons) were the main suppliers of cosmetics imports to Cote d'Ivoire, with a combined X% share of total imports. India, the United Arab Emirates, Italy, Germany, Senegal, Burkina Faso, the United States, Ghana, Cameroon and Togo lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X) constituted the largest supplier of cosmetics to Cote d'Ivoire, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average cosmetics import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform