Cote d'Ivoire: Keyboards Market 2024

Keyboards Market Size in Cote d'Ivoire

The Cote d'Ivoire's keyboards market soared to $X in 2022, jumping by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Keyboards Exports

Exports from Cote d'Ivoire

In 2022, exports of keyboards from Cote d'Ivoire amounted to X units, surging by 11% against 2021. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 83% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, keyboards exports rose markedly to $X in 2022. Over the period under review, exports, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2018 when exports increased by 263% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Mali (X units) was the main destination for keyboards exports from Cote d'Ivoire, with a 12% share of total exports. Moreover, keyboards exports to Mali exceeded the volume sent to the second major destination, Equatorial Guinea (X units), fivefold. Austria (X units) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mali stood at +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (0.0% per year) and Austria (0.0% per year).

In value terms, Mali ($X) remains the key foreign market for keyboards exports from Cote d'Ivoire, comprising 54% of total exports. The second position in the ranking was held by Germany ($X), with a 5.5% share of total exports. It was followed by Benin, with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mali totaled +58.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+19.1% per year) and Benin (+3.3% per year).

Export Prices by Country

The average keyboards export price stood at $X per unit in 2022, waning by -2.5% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2018 an increase of 98% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

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 Mali ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Equatorial Guinea (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.

Keyboards Imports

Imports into Cote d'Ivoire

In 2022, approx. X units of keyboards were imported into Cote d'Ivoire; jumping by 45% on the previous year. In general, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 359% against the previous year. Over the period under review, imports reached the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, keyboards imports expanded slightly to $X in 2022. Overall, imports recorded resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by 316% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), France (X units) and the United Arab Emirates (X units) were the main suppliers of keyboards imports to Cote d'Ivoire, together accounting for 78% of total imports. Senegal, the Czech Republic and Japan lagged somewhat behind, together comprising a further 10%.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of +96.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and the United Arab Emirates ($X) were the largest keyboards suppliers to Cote d'Ivoire, together accounting for 56% of total imports. Senegal, Japan and the Czech Republic lagged somewhat behind, together comprising a further 15%.

Senegal, with a CAGR of +92.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average keyboards import price stood at $X per unit in 2022, waning by -27.8% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 an increase of 68%. The import price peaked at $X per unit in 2017; however, from 2018 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 the United Arab Emirates ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform