Cote d'Ivoire: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Cote d'Ivoire

The Cote d'Ivoire's market for floor, wall or ceiling coverings of plastics dropped sharply to $X in 2022, shrinking by -40.4% 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). Over the period under review, consumption, however, enjoyed a measured expansion. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Cote d'Ivoire

In 2022, overseas shipments of floor, wall or ceiling coverings of plastics were finally on the rise to reach X square meters after five years of decline. Overall, exports, however, saw a deep contraction. The growth pace was the most rapid in 2014 when exports increased by 4,023% against the previous year. The exports peaked at X square meters in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics surged to $X in 2022. In general, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by 1,450% against the previous year. Over the period under review, the exports of hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X square meters), Burkina Faso (X square meters) and Mali (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Cote d'Ivoire, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Burkina Faso (with a CAGR of +20.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X) emerged as the key foreign market for floor, wall or ceiling coverings of plastics exports from Cote d'Ivoire, comprising 78% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 20% share of total exports. It was followed by Mali, with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (+10.3% per year) and Mali (-34.5% per year).

Export Prices by Country

In 2022, the average export price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, dropping by -7.8% against the previous year. In general, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 71% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Mali ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Cote d'Ivoire

Imports of floor, wall or ceiling coverings of plastics into Cote d'Ivoire declined sharply to X square meters in 2022, which is down by -52.8% compared with 2021 figures. Over the period under review, imports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 222%. As a result, imports attained the peak of X square meters, and then reduced remarkably in the following year.

In value terms, imports of floor, wall or ceiling coverings of plastics declined rapidly to $X in 2022. In general, imports, however, recorded a noticeable increase. The growth pace was the most rapid in 2021 when imports increased by 290% against the previous year. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest plastic floor, wall and ceiling coverings supplier to Cote d'Ivoire, accounting for a 64% share of total imports. Moreover, imports of floor, wall or ceiling coverings of plastics from China exceeded the figures recorded by the second-largest supplier, Malaysia (X square meters), sixfold. The third position in this ranking was held by France (X square meters), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-2.3% per year) and France (-4.7% per year).

In value terms, China ($X) constituted the largest supplier of floor, wall or ceiling coverings of plastics to Cote d'Ivoire, comprising 64% of total imports. The second position in the ranking was held by France ($X), with a 12% share of total imports. It was followed by Malaysia, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.1% per year) and Malaysia (+0.9% per year).

Import Prices by Country

In 2022, the average import price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, increasing by 33% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for floor, wall or ceiling coverings of plastics increased by +85.9% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform