Cote d'Ivoire: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Cote d'Ivoire

The Cote d'Ivoire's market for footwear with uppers of textile materials declined modestly to $X in 2022, shrinking by -2.9% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Footwear with Uppers of Textile Materials in Cote d'Ivoire

In value terms, production of footwear with uppers of textile materials contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 33% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Footwear with Uppers of Textile Materials

Exports from Cote d'Ivoire

In 2022, shipments abroad of footwear with uppers of textile materials was finally on the rise to reach X pairs for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, exports, however, showed a dramatic descent. The exports peaked at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of footwear with uppers of textile materials surged to $X in 2022. Overall, exports, however, faced a precipitous contraction. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal (X pairs), Canada (X pairs) and Ghana (X pairs) were the main destinations of exports of footwear with uppers of textile materials from Cote d'Ivoire, with a combined 82% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +58.1%), while the other leaders experienced more modest paces of growth.

In value terms, Sierra Leone ($X) remains the key foreign market for footwear with uppers of textile materials exports from Cote d'Ivoire, comprising 55% of total exports. The second position in the ranking was held by Senegal ($X), with a 22% share of total exports. It was followed by Ghana, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value to Sierra Leone stood at -26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (-24.5% per year) and Ghana (-10.3% per year).

Export Prices by Country

The average export price for footwear with uppers of textile materials stood at $X per pair in 2022, reducing by -8.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 25% against the previous year. The export price peaked at $X per pair in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sierra Leone ($X per pair), while the average price for exports to Canada ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sierra Leone (+29.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear with Uppers of Textile Materials

Imports into Cote d'Ivoire

In 2022, overseas purchases of footwear with uppers of textile materials decreased by -41.2% to X pairs for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 568%. As a result, imports reached the peak of X pairs, and then dropped significantly in the following year.

In value terms, imports of footwear with uppers of textile materials shrank dramatically to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 418% against the previous year. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear with uppers of textile materials supplier to Cote d'Ivoire, with a 60% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Turkey (X pairs), threefold. The third position in this ranking was taken by France (X pairs), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +36.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+61.6% per year) and France (+10.3% per year).

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Cote d'Ivoire, comprising 68% of total imports. The second position in the ranking was held by Turkey ($X), with a 14% share of total imports. It was followed by France, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +38.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+57.0% per year) and France (+7.2% per year).

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per pair in 2022, growing by 1.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 24%. Over the period under review, average import prices reached the maximum at $X per pair in 2020; however, from 2021 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 the United Arab Emirates ($X per pair), while the price for Turkey ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform