Cote d'Ivoire: Printing Press Market 2024

Printing Press Market Size in Cote d'Ivoire

The Cote d'Ivoire's printing press market dropped significantly to $X in 2022, falling by -33.7% 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, posted a notable increase. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Printing Press Exports

Exports from Cote d'Ivoire

In 2022, exports of printing presses from Cote d'Ivoire dropped to X units, declining by -14.3% compared with the year before. Overall, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 129% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, printing press exports declined to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of 265%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ghana (X units), Togo (X units) and Tanzania (X units) were the main destinations of printing press exports from Cote d'Ivoire, with a combined 25% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Togo (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for printing press exported from Cote d'Ivoire were France ($X), Burkina Faso ($X) and Togo ($X), together comprising 56% of total exports. Benin, Mali, Senegal, Ghana, Tanzania, Guinea, Democratic Republic of the Congo, Germany and Italy lagged somewhat behind, together accounting for a further 37%.

Tanzania, with a CAGR of +27.2%, saw the highest growth rate of 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

In 2022, the average printing press export price amounted to $X per unit, surging by 3% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 539%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Cote d'Ivoire

In 2022, approx. X units of printing presses were imported into Cote d'Ivoire; which is down by -33.8% compared with 2021 figures. Over the period under review, imports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 396% against the previous year. As a result, imports attained the peak of X units, and then declined remarkably in the following year.

In value terms, printing press imports plummeted to $X in 2022. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 169% against the previous year. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

In 2022, France (X units) constituted the largest printing press supplier to Cote d'Ivoire, with a 55% share of total imports. Moreover, printing press imports from France exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to +39.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+41.3% per year) and Italy (+16.3% per year).

In value terms, Austria ($X), France ($X) and Senegal ($X) appeared to be the largest printing press suppliers to Cote d'Ivoire, with a combined 47% share of total imports.

Senegal, with a CAGR of +86.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 printing press import price amounted to $X per unit, increasing by 3.7% against the previous year. Over the period under review, the import price showed prominent growth. The growth pace was the most rapid in 2013 when the average import price increased by 159%. Over the period under review, average import prices attained 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 Taiwan (Chinese) ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+40.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform