Cote d'Ivoire - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCote d'Ivoire: Glass Closure Market 2024
Glass Closure Market Size in Cote d'Ivoire
The Cote d'Ivoire's glass closure market fell slightly to $X in 2022, waning by -3.1% against the previous year. Overall, consumption, however, continues to indicate a buoyant expansion. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.
Glass Closure Production in Cote d'Ivoire
In value terms, glass closure production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed a notable increase. The growth pace was the most rapid in 2013 with an increase of 143%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.
Glass Closure Exports
Exports from Cote d'Ivoire
In 2020, approx. X kg of glass stoppers, lids and other closures were exported from Cote d'Ivoire; leveling off at 2019 figures. In general, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum in 2020 and are expected to retain growth in the immediate term.
In value terms, glass closure exports totaled $X in 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2017. Over the period under review, the exports hit record highs in 2020 and are likely to see steady growth in years to come.
Exports by Country
Burkina Faso (X kg) was the main destination for glass closure exports from Cote d'Ivoire, accounting for a approx. 100% share of total exports.
From 2016 to 2020, the average annual rate of growth in terms of volume to Burkina Faso was relatively modest.
In value terms, Burkina Faso ($X) emerged as the key foreign market for glass stoppers, lids and other closures exports from Cote d'Ivoire.
From 2016 to 2020, the average annual rate of growth in terms of value to Burkina Faso was relatively modest.
Export Prices by Country
In 2020, the average glass closure export price amounted to $X per ton, approximately equating the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Burkina Faso.
From 2016 to 2020, the rate of growth in terms of prices for Cameroon amounted to 0.0% per year.
Glass Closure Imports
Imports into Cote d'Ivoire
In 2022, after two years of growth, there was significant decline in supplies from abroad of glass stoppers, lids and other closures, when their volume decreased by -49.4% to X tons. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 10,036% against the previous year. As a result, imports attained the peak of X tons, and then dropped remarkably in the following year.
In value terms, glass closure imports dropped rapidly to $X in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 7,174%. As a result, imports attained the peak of $X, and then plummeted in the following year.
Imports by Country
China (X tons) and Benin (X tons) were the main suppliers of glass closure imports to Cote d'Ivoire.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +69.6%).
In value terms, China ($X) constituted the largest supplier of glass stoppers, lids and other closures to Cote d'Ivoire, comprising 89% of total imports. The second position in the ranking was held by Benin ($X), with a 6.9% share of total imports.
From 2012 to 2022, the average annual growth rate of value from China amounted to +88.6%.
Import Prices by Country
In 2022, the average glass closure import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 26%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Benin stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%).
Source: IndexBox Platform
This report provides an in-depth analysis of the glass closure market in Cote d'Ivoire. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23131110 - Glass preserving jars, stoppers, lids and other closures (including stoppers and closures of any material presented with the containers for which they are intended)
Country coverage:
- Cote d'Ivoire
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cote d'Ivoire
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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