Cote d'Ivoire: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Cote d'Ivoire

In 2022, after two years of growth, there was significant decline in the Cote d'Ivoire's non-cellular polyvinyl chloride film market, when its value decreased by -30.8% to $X. In general, consumption, however, recorded resilient growth. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from Cote d'Ivoire

In 2022, approx. X kg of non-cellular polyvinyl chloride films, sheets, foil and strip were exported from Cote d'Ivoire; which is down by -96.5% against the year before. In general, exports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 1,039%. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, non-cellular polyvinyl chloride film exports declined significantly to $X in 2022. Over the period under review, exports showed a dramatic descent. The pace of growth was the most pronounced in 2015 when exports increased by 556% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Burkina Faso (X kg) was the main destination for non-cellular polyvinyl chloride film exports from Cote d'Ivoire, with a 52% share of total exports. Moreover, non-cellular polyvinyl chloride film exports to Burkina Faso exceeded the volume sent to the second major destination, Togo (X kg), threefold. Cameroon (X kg) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso totaled +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (+17.9% per year) and Cameroon (-5.9% per year).

In value terms, Burkina Faso ($X) remains the key foreign market for non-cellular polyvinyl chloride films, sheets, foil and strip exports from Cote d'Ivoire, comprising 60% of total exports. The second position in the ranking was held by Togo ($X), with a 16% share of total exports. It was followed by Gabon, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to Burkina Faso stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (+30.7% per year) and Gabon (-7.9% per year).

Export Prices by Country

In 2022, the average non-cellular polyvinyl chloride film export price amounted to $X per ton, waning by -15.2% against the previous year. Overall, the export price, however, recorded a moderate increase. The growth pace was the most rapid in 2018 an increase of 37%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gabon ($X per ton), while the average price for exports to Tanzania ($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 Togo (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into Cote d'Ivoire

In 2022, overseas purchases of non-cellular polyvinyl chloride films, sheets, foil and strip decreased by -39.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 when imports increased by 149% against the previous year. As a result, imports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, non-cellular polyvinyl chloride film imports declined sharply to $X in 2022. Overall, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 when imports increased by 192%. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-cellular polyvinyl chloride film to Cote d'Ivoire, accounting for a 48% share of total imports. Moreover, non-cellular polyvinyl chloride film imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+37.7% per year) and Italy (+28.2% per year).

In value terms, China ($X) constituted the largest supplier of non-cellular polyvinyl chloride films, sheets, foil and strip to Cote d'Ivoire, comprising 43% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 20% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+15.6% per year) and Italy (+24.8% per year).

Import Prices by Country

In 2022, the average non-cellular polyvinyl chloride film import price amounted to $X per ton, picking up by 22% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-cellular polyvinyl chloride film import price increased by +75.2% against 2017 indices. The pace of growth appeared the most rapid in 2015 an increase of 32% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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 Taiwan (Chinese) ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform