Cote d'Ivoire: Market for Extruded Solid Rubber Rods And Profiles 2025

Market Size for Extruded Solid Rubber Rods And Profiles in Cote d'Ivoire

The Cote d'Ivoire's extruded solid rubber rod market declined sharply to $X in 2022, reducing by -31.6% 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). In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Cote d'Ivoire

In 2022, after five years of growth, there was significant decline in overseas shipments of extruded solid rubber rods and profiles, when their volume decreased by -7.8% to X tons. Over the period under review, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by 2,186%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, extruded solid rubber rod exports shrank rapidly to $X in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 334%. Over the period under review, the exports reached the maximum at $X in 2021, and then plummeted in the following year.

Exports by Country

Mali (X tons) was the main destination for extruded solid rubber rod exports from Cote d'Ivoire, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Mali amounted to +10.8%.

In value terms, Mali ($X) also remains the key foreign market for extruded solid rubber rods and profiles exports from Cote d'Ivoire.

From 2012 to 2022, the average annual rate of growth in terms of value to Mali amounted to +28.5%.

Export Prices by Country

The average extruded solid rubber rod export price stood at $X per ton in 2022, shrinking by -12.5% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The growth pace was the most rapid in 2016 when the average export price increased by 135% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Mali.

From 2012 to 2022, the rate of growth in terms of prices for Mali amounted to +16.0% per year.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into Cote d'Ivoire

In 2022, approx. X tons of extruded solid rubber rods and profiles were imported into Cote d'Ivoire; shrinking by -29.9% against the previous year's figure. In general, imports, however, posted a notable increase. The growth pace was the most rapid in 2021 with an increase of 272%. As a result, imports reached the peak of X tons, and then declined notably in the following year.

In value terms, extruded solid rubber rod imports reduced markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 152%. As a result, imports attained the peak of $X, and then contracted dramatically in the following year.

Imports by Country

France (X tons), Lebanon (X tons) and Morocco (X tons) were the main suppliers of extruded solid rubber rod imports to Cote d'Ivoire, with a combined 90% share of total imports. China, Italy, Spain and Portugal lagged somewhat behind, together comprising a further 5.2%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +41.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of extruded solid rubber rods and profiles to Cote d'Ivoire, comprising 58% of total imports. The second position in the ranking was taken by Morocco ($X), with an 11% share of total imports. It was followed by Lebanon, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (+8.5% per year) and Lebanon (+29.5% per year).

Import Prices by Country

The average extruded solid rubber rod import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price saw a mild decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 66% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform