Cote d'Ivoire: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in Cote d'Ivoire

The Cote d'Ivoire's metal cutting shear market shrank notably to $X in 2022, which is down by -33.3% 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, however, continues to indicate buoyant growth. Metal cutting shear consumption peaked at $X in 2021, and then reduced remarkably in the following year.

Metal Cutting Shear Exports

Exports from Cote d'Ivoire

Metal cutting shear exports from Cote d'Ivoire fell rapidly to X kg in 2022, which is down by -30.8% against the previous year. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 4,533% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metal cutting shear exports contracted significantly to $X in 2022. Overall, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 16,076% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X kg) was the main destination for metal cutting shear exports from Cote d'Ivoire, with a 79% share of total exports. Moreover, metal cutting shear exports to Burkina Faso exceeded the volume sent to the second major destination, France (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso stood at +34.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+12.9% per year) and Ghana (+11.6% per year).

In value terms, the largest markets for metal cutting shear exported from Cote d'Ivoire were France ($X), Burkina Faso ($X) and Ghana ($X), with a combined 99.9% share of total exports.

In terms of the main countries of destination, Burkina Faso, with a CAGR of +16.3%, recorded the highest growth rate of the value of exports, 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 metal cutting shear export price amounted to $X per ton, dropping by -24.4% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 249%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 France ($X per ton), while the average price for exports to Ghana ($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 the United States (+320.7%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Cutting Shear Imports

Imports into Cote d'Ivoire

In 2022, the amount of metal cutting shears and similar hand tools imported into Cote d'Ivoire reduced remarkably to X tons, with a decrease of -33.1% compared with the year before. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 193%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metal cutting shear imports declined markedly to $X in 2022. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 340%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, Spain (X tons) was the main metal cutting shear supplier to Cote d'Ivoire, accounting for a 91% share of total imports. Moreover, metal cutting shear imports from Spain exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold. The third position in this ranking was taken by Italy (X kg), with a 1.7% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +39.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.6% per year) and Italy (+5.5% per year).

In value terms, Spain ($X), France ($X) and China ($X) were the largest metal cutting shear suppliers to Cote d'Ivoire, together accounting for 88% of total imports.

Among the main suppliers, Spain, with a CAGR of +37.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal cutting shear import price amounted to $X per ton, leveling off at the previous year. In general, the import price showed a mild decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 79%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain ($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 (+39.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform