Cote d'Ivoire: Lamp Holder Market 2024

Lamp Holder Market Size in Cote d'Ivoire

The Cote d'Ivoire's lamp holder market expanded significantly to $X in 2022, picking up by 7.4% against the previous year. In general, the total consumption indicated modest growth from 2012 to 2022: its value 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, consumption decreased by -31.8% against 2016 indices. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Lamp Holder Production in Cote d'Ivoire

In value terms, lamp holder production rose significantly to $X in 2022 estimated in export price. Over the period under review, production saw temperate growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 124%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Lamp Holder Exports

Exports from Cote d'Ivoire

In 2022, exports of lamp holders, plugs and sockets from Cote d'Ivoire fell significantly to X tons, waning by -44.2% against the previous year. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 759%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, lamp holder exports contracted significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 310% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Burkina Faso (X kg), Congo (X kg) and Equatorial Guinea (X kg) were the main destinations of lamp holder exports from Cote d'Ivoire, with a combined 0.5% share of total exports. France and Ghana lagged somewhat behind, together accounting for a further less than 0.1%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +36.4%), while the other leaders experienced a decline.

In value terms, Burkina Faso ($X), France ($X) and Congo ($X) constituted the largest markets for lamp holder exported from Cote d'Ivoire worldwide, with a combined 32% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +78.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average lamp holder export price amounted to $X per ton, dropping by -52.3% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 217%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Equatorial Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+30.6%), while the prices for the other major destinations experienced a decline.

Lamp Holder Imports

Imports into Cote d'Ivoire

In 2022, the amount of lamp holders, plugs and sockets imported into Cote d'Ivoire dropped to X tons, shrinking by -8.6% compared with 2021 figures. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of 58% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, lamp holder imports declined to $X in 2022. In general, imports, however, posted tangible growth. The pace of growth was the most pronounced in 2018 with an increase of 87%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of lamp holder to Cote d'Ivoire, accounting for a 3.7% share of total imports. Moreover, lamp holder imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by Ghana (X tons), with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +57.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.3% per year) and Ghana (+72.2% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of lamp holders, plugs and sockets to Cote d'Ivoire, comprising 176% of total imports. The second position in the ranking was held by France ($X), with a 7% share of total imports. It was followed by Ghana, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +71.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-12.1% per year) and Ghana (+61.5% per year).

Import Prices by Country

The average lamp holder import price stood at $X per ton in 2021, increasing by 8.6% against the previous year. Overall, the import price showed a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 101% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform