Cote d'Ivoire: Plastic Packaging Market 2024

Plastic Packaging Market Size in Cote d'Ivoire

The Cote d'Ivoire's plastic packaging market contracted to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Plastic packaging consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Plastic Packaging Production in Cote d'Ivoire

In value terms, plastic packaging production reduced modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Plastic Packaging Exports

Exports from Cote d'Ivoire

In 2022, overseas shipments of plastic packaging increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, plastic packaging exports totaled $X in 2022. Over the period under review, exports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X tons), Mali (X tons) and Guinea (X tons) were the main destinations of plastic packaging exports from Cote d'Ivoire, together accounting for X% of total exports. Senegal, Cameroon, Benin, Gabon, France, Ghana, Central African Republic and Liberia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Burkina Faso ($X), Mali ($X) and Guinea ($X) appeared to be the largest markets for plastic packaging exported from Cote d'Ivoire worldwide, with a combined X% share of total exports. Senegal, Cameroon, Benin, Ghana, Gabon, Central African Republic, Liberia and France lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic packaging export price stood at $X per ton in 2022, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced slightly 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 Ghana ($X per ton), while the average price for exports to France ($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 Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Packaging Imports

Imports into Cote d'Ivoire

After two years of growth, overseas purchases of plastic packaging decreased by X% to X tons in 2022. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced notably in the following year.

In value terms, plastic packaging imports fell notably to $X in 2022. Over the period under review, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021, and then fell significantly in the following year.

Imports by Country

France (X tons), China (X tons) and Turkey (X tons) were the main suppliers of plastic packaging imports to Cote d'Ivoire, together comprising X% of total imports. India, the UK, Spain, Senegal, Germany, Italy, Malaysia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), China ($X) and India ($X) were the largest plastic packaging suppliers to Cote d'Ivoire, together accounting for X% of total imports. Turkey, Germany, Italy, Spain, Senegal, the UK, Malaysia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malaysia, 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 plastic packaging import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a pronounced contraction. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform