Report Update Nov 1, 2024

Cote d'Ivoire - Dairy Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Cote d'Ivoire: Dairy Machinery Market 2024

Dairy Machinery Market Size in Cote d'Ivoire

The Cote d'Ivoire's dairy machinery market reached $X in 2022, growing by 1.5% against the previous year. Over the period under review, consumption showed a prominent expansion. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Dairy Machinery Production in Cote d'Ivoire

In value terms, dairy machinery production rose modestly to $X in 2022 estimated in export price. Overall, production showed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 41%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Dairy Machinery Exports

Exports from Cote d'Ivoire

For the fourth year in a row, Cote d'Ivoire recorded growth in shipments abroad of dairy machinery, which increased by 71% to X units in 2020. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 133% against the previous year. Over the period under review, the exports attained the maximum in 2020 and are likely to continue growth in years to come.

In value terms, dairy machinery exports surged to $X in 2020. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 172% against the previous year. Over the period under review, the exports attained the maximum in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Nigeria (X units) was the main destination for dairy machinery exports from Cote d'Ivoire, with a 92% share of total exports. Moreover, dairy machinery exports to Nigeria exceeded the volume sent to the second major destination, Ghana (X units), more than tenfold.

From 2012 to 2020, the average annual growth rate of volume to Nigeria totaled +231.7%.

In value terms, Nigeria ($X) emerged as the key foreign market for dairy machinery exports from Cote d'Ivoire, comprising 98% of total exports. The second position in the ranking was taken by Ghana ($X), with a 1.6% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Nigeria stood at +181.1%.

Export Prices by Country

The average dairy machinery export price stood at $X per unit in 2020, with a decrease of -4.7% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 17%. As a result, the export price reached the peak level of $X per unit, and then fell modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to Ghana totaled $X per unit.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.3%), while the prices for the other major destinations experienced a decline.

Dairy Machinery Imports

Imports into Cote d'Ivoire

In 2022, imports of dairy machinery into Cote d'Ivoire declined to X units, waning by -10% against 2021 figures. Overall, imports showed a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, dairy machinery imports rose slightly to $X in 2022. In general, imports recorded a precipitous decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

India (X units), Lebanon (X units) and Italy (X units) were the main suppliers of dairy machinery imports to Cote d'Ivoire, with a combined 33% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of dairy machinery to Cote d'Ivoire, comprising 65% of total imports. The second position in the ranking was held by India ($X), with a 21% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-21.1% per year) and Italy (-28.7% per year).

Import Prices by Country

In 2022, the average dairy machinery import price amounted to $X per unit, picking up by 14% against the previous year. Overall, the import price, however, saw a deep slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 31% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 France ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+25.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the dairy machinery market in Cote d'Ivoire. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28931200 - Dairy machinery (including homogenisers, irradiators, buttermaking machines, cheese-making machines)

Country coverage:

Cote d'Ivoire

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cote d'Ivoire
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023