Cote d'Ivoire: Glass Ampoules Market 2024

Glass Ampoules Market Size in Cote d'Ivoire

The Cote d'Ivoire's glass ampoules market expanded to $X in 2022, with an increase of 1.9% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Glass ampoules consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Glass Ampoules Production in Cote d'Ivoire

In value terms, glass ampoules production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 63% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Glass Ampoules Exports

Exports from Cote d'Ivoire

In 2022, glass ampoules exports from Cote d'Ivoire soared to X units, picking up by 27% compared with 2021 figures. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 1,899% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, glass ampoules exports declined slightly to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 1,806% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Liberia (X units) and France (X units) were the main destinations of glass ampoules exports from Cote d'Ivoire.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +79.8%).

In value terms, Liberia ($X) remains the key foreign market for glass ampoules for packing of goods exports from Cote d'Ivoire, comprising 97% of total exports. The second position in the ranking was held by France ($X), with a 2.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Liberia amounted to +40.9%.

Export Prices by Country

In 2022, the average glass ampoules export price amounted to $X per thousand units, waning by -21.4% against the previous year. Overall, the export price recorded a deep slump. The growth pace was the most rapid in 2015 an increase of 113% against the previous year. Over the period under review, the average export prices attained the maximum at $X per thousand units in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Liberia ($X per thousand units), while the average price for exports to France totaled $X per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (-12.9%).

Glass Ampoules Imports

Imports into Cote d'Ivoire

In 2022, the amount of glass ampoules for packing of goods imported into Cote d'Ivoire was estimated at X units, growing by 2.4% compared with the year before. Overall, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 159% against the previous year. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, glass ampoules imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest glass ampoules supplier to Cote d'Ivoire, accounting for a 59% share of total imports. Moreover, glass ampoules imports from China exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+24.9% per year) and the United Arab Emirates (-27.0% per year).

In value terms, China ($X) constituted the largest supplier of glass ampoules for packing of goods to Cote d'Ivoire, comprising 72% of total imports. The second position in the ranking was taken by France ($X), with a 12% share of total imports. It was followed by Senegal, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+16.9% per year) and Senegal (-16.8% per year).

Import Prices by Country

In 2022, the average glass ampoules import price amounted to $X per unit, increasing by 48% against the previous year. Overall, the import price posted a prominent increase. The growth pace was the most rapid in 2021 an increase of 358% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

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 Senegal ($X per unit), while the price for Germany (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform