Cote d'Ivoire: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in Cote d'Ivoire

In 2022, after three years of growth, there was significant decline in the Cote d'Ivoire's motorcycle and scooter market, when its value decreased by X% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Motorcycle and scooter consumption peaked at $X in 2021, and then contracted in the following year.

Motorcycle And Scooter Exports

Exports from Cote d'Ivoire

In 2022, overseas shipments of motorcycles and scooters increased by X% to X units, rising for the fifth year in a row after two years of decline. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, motorcycle and scooter exports reduced slightly to $X in 2022. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ghana (X units) was the main destination for motorcycle and scooter exports from Cote d'Ivoire, accounting for a X% share of total exports. It was followed by Liberia (X units), with a X% share of total exports. France (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ghana totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (X% per year) and France (X% per year).

In value terms, France ($X) remains the key foreign market for motorcycles and scooters exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was held by Liberia ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (X% per year) and Ghana (X% per year).

Export Prices by Country

The average motorcycle and scooter export price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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

Motorcycle And Scooter Imports

Imports into Cote d'Ivoire

For the fourth consecutive year, Cote d'Ivoire recorded growth in supplies from abroad of motorcycles and scooters, which increased by X% to X units in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, motorcycle and scooter imports reduced to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motorcycle and scooter to Cote d'Ivoire, accounting for a X% share of total imports. Moreover, motorcycle and scooter imports from China exceeded the figures recorded by the second-largest supplier, Togo (X units), threefold. The third position in this ranking was taken by Ghana (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Togo (X% per year) and Ghana (X% per year).

In value terms, the largest motorcycle and scooter suppliers to Cote d'Ivoire were Togo ($X), China ($X) and Ghana ($X), together comprising X% of total imports.

In terms of the main suppliers, Togo, with a CAGR of X%, recorded the highest growth rate of 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 motorcycle and scooter import price amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Burkina Faso ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform