Cote d'Ivoire: Mannequin Market 2024

Mannequin Market Size in Cote d'Ivoire

In 2022, after two years of growth, there was decline in the Cote d'Ivoire's mannequin market, when its value decreased by -3.2% to $X. Overall, consumption recorded resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Mannequin Exports

Exports from Cote d'Ivoire

In 2022, the amount of mannequins exported from Cote d'Ivoire skyrocketed to X tons, picking up by 85% compared with the year before. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 4,653% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, mannequin exports rose significantly to $X in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 1,875%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X tons) was the main destination for mannequin exports from Cote d'Ivoire, accounting for a 96% share of total exports. Moreover, mannequin exports to Burkina Faso exceeded the volume sent to the second major destination, South Africa (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Burkina Faso stood at +56.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+6.1% per year) and France (-27.7% per year).

In value terms, Burkina Faso ($X) remains the key foreign market for mannequins exports from Cote d'Ivoire, comprising 100% of total exports. The second position in the ranking was held by South Africa ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso stood at +56.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-14.6% per year) and France (-28.4% per year).

Export Prices by Country

The average mannequin export price stood at $X per ton in 2022, declining by -42.2% against the previous year. Overall, the export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 90% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+18.4%), while the prices for the other major destinations experienced mixed trend patterns.

Mannequin Imports

Imports into Cote d'Ivoire

In 2022, the amount of mannequins imported into Cote d'Ivoire surged to X tons, increasing by 39% on the previous year's figure. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 315%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mannequin imports fell dramatically to $X in 2022. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 337% against the previous year. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest mannequin supplier to Cote d'Ivoire, accounting for a 49% share of total imports. Moreover, mannequin imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Lebanon (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+41.6% per year) and Lebanon (+55.9% per year).

In value terms, France ($X) constituted the largest supplier of mannequins to Cote d'Ivoire, comprising 52% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by Italy, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from France totaled +58.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+32.0% per year) and Italy (+18.0% per year).

Import Prices by Country

The average mannequin import price stood at $X per ton in 2022, dropping by -55.9% against the previous year. In general, the import price, however, posted a moderate increase. The pace of growth was the most pronounced in 2021 an increase of 305% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform