Cote d'Ivoire: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Cote d'Ivoire

The Cote d'Ivoire's penicillins or streptomycins medicaments market surged to $X in 2022, rising by 39% 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). Overall, consumption recorded a temperate increase. Penicillins or streptomycins medicaments consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Cote d'Ivoire

In 2022, penicillins or streptomycins medicaments exports from Cote d'Ivoire soared to X tons, increasing by 133% on 2021. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 446% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments exports soared to $X in 2022. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2014 when exports increased by 611%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Mali (X tons) was the main destination for penicillins or streptomycins medicaments exports from Cote d'Ivoire, with a 92% share of total exports. Moreover, penicillins or streptomycins medicaments exports to Mali exceeded the volume sent to the second major destination, Niger (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Mali stood at +49.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (+50.1% per year) and Burkina Faso (+5.1% per year).

In value terms, Mali ($X) remains the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from Cote d'Ivoire, comprising 64% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Mali totaled +51.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (+35.3% per year) and Niger (+52.9% per year).

Export Prices by Country

In 2022, the average penicillins or streptomycins medicaments export price amounted to $X per ton, waning by -18.7% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, penicillins or streptomycins medicaments export price increased by +32.5% against 2019 indices. The growth pace was the most rapid in 2014 when the average export price increased by 30%. The export price peaked at $X per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($X per ton), while the average price for exports to Mali ($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 Burkina Faso (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Cote d'Ivoire

Penicillins or streptomycins medicaments imports into Cote d'Ivoire skyrocketed to X tons in 2022, growing by 50% compared with the year before. Over the period under review, imports enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2019 with an increase of 152% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, penicillins or streptomycins medicaments imports surged to $X in 2022. In general, imports continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 147% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), France (X tons) and India (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Cote d'Ivoire, together comprising 63% of total imports. Austria, Ghana, Pakistan and Slovenia lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +75.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of medicaments of penicillins, streptomycins or derivatives thereof to Cote d'Ivoire, comprising 35% of total imports. The second position in the ranking was taken by India ($X), with a 14% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.1% per year) and China (+10.6% per year).

Import Prices by Country

In 2022, the average penicillins or streptomycins medicaments import price amounted to $X per ton, dropping by -7.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 13%. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform