Cote d'Ivoire: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in Cote d'Ivoire

The Cote d'Ivoire's industrial roundwood market reduced modestly to $X in 2022, remaining stable against the previous year. In general, consumption, however, showed a pronounced decline. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Industrial Roundwood Production in Cote d'Ivoire

In value terms, industrial roundwood production fell slightly to $X in 2022 estimated in export price. In general, production, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2014 with an increase of 49% against the previous year. Industrial roundwood production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Industrial Roundwood Exports

Exports from Cote d'Ivoire

In 2022, shipments abroad of industrial roundwood decreased by -57.1% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2013 when exports increased by 357% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, industrial roundwood exports declined significantly to $X in 2022. Overall, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 287%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam (X cubic meters) was the main destination for industrial roundwood exports from Cote d'Ivoire, accounting for a 47% share of total exports. Moreover, industrial roundwood exports to Vietnam exceeded the volume sent to the second major destination, India (X cubic meters), twofold. The Dominican Republic (X cubic meters) ranked third in terms of total exports with a 22% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam amounted to +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-35.0% per year) and the Dominican Republic (+31.7% per year).

In value terms, the largest markets for industrial roundwood exported from Cote d'Ivoire were the Dominican Republic ($X), Vietnam ($X) and India ($X), with a combined 92% share of total exports.

The Dominican Republic, with a CAGR of +41.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average industrial roundwood export price amounted to $X per cubic meter, increasing by 58% against the previous year. In general, the export price enjoyed a pronounced expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per cubic meter), while the average price for exports to Vietnam ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood Imports

Imports into Cote d'Ivoire

Industrial roundwood imports into Cote d'Ivoire soared to X cubic meters in 2022, increasing by 29% on the previous year. In general, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 309% against the previous year. Over the period under review, imports reached the peak figure at X cubic meters in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial roundwood imports rose rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 196%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X cubic meters) was the main supplier of industrial roundwood to Cote d'Ivoire, with a 91% share of total imports. Moreover, industrial roundwood imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +1.1%.

In value terms, France ($X) constituted the largest supplier of industrial roundwood to Cote d'Ivoire, comprising 79% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at -2.7%.

Import Prices by Country

In 2022, the average industrial roundwood import price amounted to $X per cubic meter, shrinking by -18.7% against the previous year. Overall, the import price showed a deep contraction. The growth pace was the most rapid in 2021 an increase of 187% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per cubic meter), while the price for France amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+68.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform