Cote d'Ivoire: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Cote d'Ivoire

The Cote d'Ivoire's market for rigid tubes, pipes and hoses of polymers of vinyl chloride reduced to $X in 2022, declining by -10.9% against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +12.6% against 2020 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Cote d'Ivoire

In value terms, vinyl chloride polymer rigid pipes production dropped slightly to $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.9% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 24%. Vinyl chloride polymer rigid pipes production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Cote d'Ivoire

After two years of decline, overseas shipments of rigid tubes, pipes and hoses of polymers of vinyl chloride increased by 51% to X tons in 2022. Over the period under review, exports saw a remarkable increase. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, vinyl chloride polymer rigid pipes exports surged to $X in 2022. In general, exports showed a modest expansion. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X tons), Mali (X tons) and Niger (X tons) were the main destinations of vinyl chloride polymer rigid pipes exports from Cote d'Ivoire, with a combined 75% share of total exports. Senegal, Guinea, Congo, Togo, Chad, Ghana and Sierra Leone lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +38.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vinyl chloride polymer rigid pipes exported from Cote d'Ivoire were Burkina Faso ($X), Mali ($X) and Senegal ($X), together comprising 68% of total exports. Niger, Guinea, Togo, Congo, Chad, Ghana and Sierra Leone lagged somewhat behind, together accounting for a further 21%.

Among the main countries of destination, Togo, with a CAGR of +40.2%, recorded the highest rates of growth with regard to 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

The average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, flattening at the previous year. In general, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 6.7% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while the average price for exports to Niger ($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 Togo (+1.1%), while the prices for the other major destinations experienced a decline.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Cote d'Ivoire

In 2022, after two years of growth, there was significant decline in overseas purchases of rigid tubes, pipes and hoses of polymers of vinyl chloride, when their volume decreased by -23.5% to X tons. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 66%. Imports peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, vinyl chloride polymer rigid pipes imports reduced sharply to $X in 2022. Over the period under review, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

Ghana (X tons), China (X tons) and Italy (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to Cote d'Ivoire, with a combined 64% share of total imports. Spain, Turkey, Senegal, France and Germany lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +71.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), China ($X) and France ($X) were the largest vinyl chloride polymer rigid pipes suppliers to Cote d'Ivoire, together accounting for 54% of total imports. Italy, Spain, Germany, Turkey and Senegal lagged somewhat behind, together comprising a further 30%.

In terms of the main suppliers, Turkey, with a CAGR of +60.2%, 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 import price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, rising by 6.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform