Cote d'Ivoire: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Cote d'Ivoire

The Cote d'Ivoire's prepared additives for cements market reduced notably to $X in 2022, with a decrease of -39.2% 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, however, showed a strong increase. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Cote d'Ivoire

In 2022, shipments abroad of prepared additives for cements, mortars or concretes decreased by -0.3% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 2,737% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced modestly in the following year.

In value terms, prepared additives for cements exports contracted modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of 2,469% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced slightly in the following year.

Exports by Country

Burkina Faso (X tons), Ghana (X tons) and Togo (X tons) were the main destinations of prepared additives for cements exports from Cote d'Ivoire, together comprising 89% of total exports.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +64.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Burkina Faso ($X) and Togo ($X) constituted the largest markets for prepared additives for cements exported from Cote d'Ivoire worldwide, with a combined 82% share of total exports.

Among the main countries of destination, Togo, with a CAGR of +54.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average prepared additives for cements export price amounted to $X per ton, dropping by -4.3% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 14%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Liberia ($X per ton), while the average price for exports to Senegal ($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 Congo (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Cote d'Ivoire

In 2022, the amount of prepared additives for cements, mortars or concretes imported into Cote d'Ivoire fell markedly to X tons, waning by -28.1% compared with the previous year. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 126%. As a result, imports attained the peak of X tons, and then fell rapidly in the following year.

In value terms, prepared additives for cements imports shrank dramatically to $X in 2022. Over the period under review, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 172%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

France (X tons), Turkey (X tons) and China (X tons) were the main suppliers of prepared additives for cements imports to Cote d'Ivoire, with a combined 79% 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 Turkey (with a CAGR of +62.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared additives for cements suppliers to Cote d'Ivoire were France ($X), Turkey ($X) and China ($X), with a combined 79% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +80.1%, 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

The average prepared additives for cements import price stood at $X per ton in 2022, shrinking by -4.9% against the previous year. Overall, the import price showed a noticeable setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 27% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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