Cote d'Ivoire: Metal Hammer Market 2025

Metal Hammer Market Size in Cote d'Ivoire

In 2022, after three years of growth, there was significant decline in the Cote d'Ivoire's metal hammer market, when its value decreased by -31.2% to $X. Overall, consumption, however, recorded strong growth. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Metal Hammer Exports

Exports from Cote d'Ivoire

In 2022, approx. X tons of hammers and sledge hammers with working part of metal were exported from Cote d'Ivoire; reducing by -14.9% on the previous year. Over the period under review, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 562%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, metal hammer exports soared to $X in 2022. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 1,341%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Burkina Faso (X tons) was the main destination for metal hammer exports from Cote d'Ivoire, accounting for a 98% share of total exports. It was followed by Mali (X kg), with a 1.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso amounted to +26.3%.

In value terms, Burkina Faso ($X) remains the key foreign market for hammers and sledge hammers with working part of metal exports from Cote d'Ivoire, comprising 97% of total exports. The second position in the ranking was held by Mali ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Burkina Faso amounted to +30.0%.

Export Prices by Country

In 2022, the average metal hammer export price amounted to $X per ton, growing by 64% against the previous year. Overall, the export price, however, saw a slight slump. The pace of growth was the most pronounced in 2019 an increase of 265% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Burkina Faso stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+2.9%).

Metal Hammer Imports

Imports into Cote d'Ivoire

After three years of growth, purchases abroad of hammers and sledge hammers with working part of metal decreased by -41.8% to X tons in 2022. Overall, imports, however, continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2015 when imports increased by 100%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced markedly in the following year.

In value terms, metal hammer imports dropped rapidly to $X in 2022. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 122% against the previous year. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of metal hammer to Cote d'Ivoire, with a 94% share of total imports. It was followed by France (X tons), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.7% per year) and the United Arab Emirates (-43.4% per year).

In value terms, China ($X) constituted the largest supplier of hammers and sledge hammers with working part of metal to Cote d'Ivoire, comprising 56% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+3.2% per year) and the United Arab Emirates (-18.1% per year).

Import Prices by Country

The average metal hammer import price stood at $X per ton in 2022, increasing by 25% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal hammer import price increased by +65.3% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 28%. The import price peaked at $X per ton in 2015; however, from 2016 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 ($X per ton), while the price for China ($X per ton) 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 (+44.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform