Cote d'Ivoire: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Cote d'Ivoire

The Cote d'Ivoire's market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X in 2022, with an increase of 9.8% 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 increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Cote d'Ivoire

Exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Cote d'Ivoire surged to X units in 2022, increasing by 16% against 2021 figures. Overall, exports, however, saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 1,203% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids soared to $X in 2022. In general, exports posted a resilient expansion. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Mali (X units) was the main destination for exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Cote d'Ivoire, accounting for a 42% share of total exports. Moreover, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Mali exceeded the volume sent to the second major destination, Benin (X units), twofold. The third position in this ranking was taken by Gabon (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Mali stood at +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (-2.9% per year) and Gabon (-13.7% per year).

In value terms, Togo ($X) emerged as the key foreign market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exports from Cote d'Ivoire, comprising 74% of total exports. The second position in the ranking was taken by Mali ($X), with an 8.7% share of total exports. It was followed by Ghana, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to Togo amounted to +58.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (+4.4% per year) and Ghana (+20.5% per year).

Export Prices by Country

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, growing by 383% against the previous year. Overall, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Togo ($X per unit), while the average price for exports to Congo ($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 Cameroon (+144.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Cote d'Ivoire

In 2022, the amount of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids imported into Cote d'Ivoire rose rapidly to X units, with an increase of 12% on the previous year. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 59%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reached $X in 2022. Over the period under review, imports enjoyed resilient growth. The growth pace was the most rapid in 2013 with an increase of 136%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Lebanon (X units) constituted the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplier to Cote d'Ivoire, with a 41% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Lebanon exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by the Netherlands (X units), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from Lebanon totaled +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.4% per year) and the Netherlands (+40.7% per year).

In value terms, China ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Cote d'Ivoire, comprising 15% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 6.2% share of total imports. It was followed by Turkey, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +35.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+39.7% per year) and Turkey (+21.7% per year).

Import Prices by Country

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, shrinking by -5% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by +42.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 86% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform