Cote d'Ivoire: Electrical Transformer Market 2025

Electrical Transformer Market Size in Cote d'Ivoire

The Cote d'Ivoire's electrical transformer market totaled $X in 2022, remaining constant against the previous year. In general, consumption, however, enjoyed a tangible expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Electrical Transformer Production in Cote d'Ivoire

In value terms, electrical transformer production stood at $X in 2022 estimated in export price. In general, the total production indicated noticeable 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 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Electrical transformer production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Electrical Transformer Exports

Exports from Cote d'Ivoire

In 2022, overseas shipments of electrical transformers decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then declined dramatically in the following year.

In value terms, electrical transformer exports rose rapidly to $X in 2022. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for electrical transformer exports from Cote d'Ivoire, with a X% share of total exports. Moreover, electrical transformer exports to the UK exceeded the volume sent to the second major destination, Belgium (X units), more than tenfold. Senegal (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Senegal (X% per year).

In value terms, the UK ($X) remains the key foreign market for electrical transformers exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was held by Mali ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (X% per year) and Ghana (X% per year).

Export Prices by Country

The average electrical transformer export price stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price, however, recorded a sharp setback. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Mali ($X per unit), while the average price for exports to the UK ($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 South Africa (X.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Transformer Imports

Imports into Cote d'Ivoire

In 2022, electrical transformer imports into Cote d'Ivoire reduced sharply to X units, which is down by X% against the previous year's figure. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked at X units in 2021, and then declined markedly in the following year.

In value terms, electrical transformer imports declined to $X in 2022. Overall, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Morocco (X units), China (X units) and Egypt (X units) were the main suppliers of electrical transformer imports to Cote d'Ivoire, with a combined X% share of total imports. France, Tunisia, Finland, Poland and Italy 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 Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2022, the average electrical transformer import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Finland ($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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform