Cote d'Ivoire: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Cote d'Ivoire

The Cote d'Ivoire's high-tenacity filament nylon yarn market contracted slightly to $X in 2022, approximately mirroring the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Cote d'Ivoire

In value terms, high-tenacity filament nylon yarn production reduced to $X in 2022 estimated in export price. Overall, production, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 32% against the previous year. High-tenacity filament nylon yarn production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Cote d'Ivoire

In 2020, shipments abroad of high-tenacity filament yarn of nylon or other polyamides decreased by -34.4% to X tons, falling for the second year in a row after two years of decline. In general, exports continue to indicate a abrupt setback. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn exports contracted significantly to $X in 2020. Overall, exports faced a precipitous shrinkage. The smallest decline of -17.6% was in 2016. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

Benin (X tons) was the main destination for high-tenacity filament nylon yarn exports from Cote d'Ivoire, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Benin was relatively modest.

In value terms, Benin ($X) emerged as the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Cote d'Ivoire.

From 2012 to 2020, the average annual growth rate of value to Benin was relatively modest.

Export Prices by Country

In 2020, the average high-tenacity filament nylon yarn export price amounted to $X per ton, with a decrease of -16.9% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price decreased by -16.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Benin.

From 2012 to 2020, the rate of growth in terms of prices for Mali amounted to 0.0% per year.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Cote d'Ivoire

High-tenacity filament nylon yarn imports into Cote d'Ivoire declined to X kg in 2022, falling by -7.1% compared with the previous year. Over the period under review, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2013 with an increase of 254% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn imports reached $X in 2022. Overall, imports showed a significant curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 263%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Korea (X kg) constituted the largest supplier of high-tenacity filament nylon yarn to Cote d'Ivoire, with a 71% share of total imports. Moreover, high-tenacity filament nylon yarn imports from South Korea exceeded the figures recorded by the second-largest supplier, France (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea amounted to -28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.0% per year) and China (-49.9% per year).

In value terms, South Korea ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to Cote d'Ivoire, comprising 94% of total imports. The second position in the ranking was held by France ($X), with a 5.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea stood at -27.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-29.2% per year) and China (-58.2% per year).

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, growing by 7.8% against the previous year. In general, the import price, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2020 an increase of 71%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform