Cote d'Ivoire: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Cote d'Ivoire

In 2022, the Cote d'Ivoire's non-numerically controlled sharpening machine market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Cote d'Ivoire

In 2017, exports of non-numerically controlled sharpening machines for working metal from Cote d'Ivoire reduced rapidly to less than X units, which is down by 99.9% compared with 2016. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at X units in 2016, and then fell rapidly in the following year.

In value terms, non-numerically controlled sharpening machine exports contracted remarkably to $X in 2017. Over the period under review, exports saw a abrupt descent. The pace of growth was the most pronounced in 2016 when exports increased by 115% against the previous year. As a result, the exports reached the peak of $X, and then declined markedly in the following year.

Exports by Country

France (X units) and Singapore (X units) were the main destinations of non-numerically controlled sharpening machine exports from Cote d'Ivoire.

From 2015 to 2016, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of 0.0%).

In value terms, France ($X) emerged as the key foreign market for non-numerically controlled sharpening machines for working metal exports from Cote d'Ivoire, comprising 67% of total exports. The second position in the ranking was taken by Singapore ($X), with a 33% share of total exports.

From 2015 to 2016, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

In 2016, the average non-numerically controlled sharpening machine export price amounted to $X per unit, with an increase of 115% against the previous year. Over the period under review, the export price posted a significant expansion. As a result, the export price reached 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 France ($X per unit), while the average price for exports to Singapore stood at $X per unit.

From 2015 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Palau (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Cote d'Ivoire

In 2022, overseas purchases of non-numerically controlled sharpening machines for working metal were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a slight curtailment. The pace of growth appeared the most rapid in 2019 when imports increased by 210% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, non-numerically controlled sharpening machine imports rose remarkably to $X in 2022. Overall, imports showed modest growth. The most prominent rate of growth was recorded in 2019 when imports increased by 93%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Belgium (X units) and Sweden (X units) were the main suppliers of non-numerically controlled sharpening machine imports to Cote d'Ivoire, with a combined 65% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +31.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-numerically controlled sharpening machine suppliers to Cote d'Ivoire were China ($X), Belgium ($X) and Sweden ($X), together comprising 76% of total imports.

China, with a CAGR of +81.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, rising by 5% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-numerically controlled sharpening machine import price increased by +65.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform