Cote d'Ivoire: Market for Non-Refractory Clay Constructional Products 2024

Market Size for Non-Refractory Clay Constructional Products in Cote d'Ivoire

The Cote d'Ivoire's non-refractory clay constructional products market surged to $X in 2022, jumping by 97% 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). Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Non-Refractory Clay Constructional Products

Exports from Cote d'Ivoire

Non-refractory clay constructional products exports from Cote d'Ivoire declined sharply to X kg in 2022, which is down by -40.7% against 2021. Over the period under review, exports, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of 436% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, non-refractory clay constructional products exports contracted markedly to $X in 2022. In general, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 926% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Guinea (X kg) was the main destination for non-refractory clay constructional products exports from Cote d'Ivoire, accounting for a 72% share of total exports. Moreover, non-refractory clay constructional products exports to Guinea exceeded the volume sent to the second major destination, France (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Guinea amounted to +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+39.5% per year) and Burkina Faso (-9.7% per year).

In value terms, France ($X) remains the key foreign market for non-refractory clay constructional products exports from Cote d'Ivoire, comprising 76% of total exports. The second position in the ranking was taken by Guinea ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +87.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guinea (+14.6% per year) and Burkina Faso (-17.0% per year).

Export Prices by Country

The average non-refractory clay constructional products export price stood at $X per ton in 2022, with a decrease of -7.6% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 92%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

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 ($X per ton), while the average price for exports to Guinea ($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 France (+34.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Refractory Clay Constructional Products

Imports into Cote d'Ivoire

In 2022, the amount of non-refractory clay constructional products imported into Cote d'Ivoire soared to X tons, with an increase of 81% against the year before. In general, imports posted a notable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 565%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, non-refractory clay constructional products imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2020 with an increase of 207%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Lebanon (X tons), China (X tons) and Italy (X tons) were the main suppliers of non-refractory clay constructional products imports to Cote d'Ivoire, with a combined 83% 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 Lebanon (with a CAGR of +93.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lebanon ($X), Spain ($X) and China ($X) appeared to be the largest non-refractory clay constructional products suppliers to Cote d'Ivoire, together accounting for 71% of total imports.

Among the main suppliers, Lebanon, with a CAGR of +52.0%, recorded 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 non-refractory clay constructional products import price amounted to $X per ton, picking up by 24% against the previous year. Overall, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 147%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 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 Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform