Cote d'Ivoire: Safety Seat Belt Market 2025

Safety Seat Belt Market Size in Cote d'Ivoire

The Cote d'Ivoire's safety seat belt market surged to $X in 2022, rising by 27% 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). In general, consumption saw a temperate increase. Safety seat belt consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Safety Seat Belt Exports

Exports from Cote d'Ivoire

In 2022, approx. X units of safety seat belts were exported from Cote d'Ivoire; with a decrease of -58.6% on 2021 figures. Over the period under review, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 427%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, safety seat belt exports dropped rapidly to $X in 2022. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 531%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for safety seat belt exports from Cote d'Ivoire, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled -14.9%.

In value terms, Belgium ($X) also remains the key foreign market for safety seat belts exports from Cote d'Ivoire.

From 2012 to 2022, the average annual growth rate of value to Belgium amounted to -6.5%.

Export Prices by Country

The average safety seat belt export price stood at $X per unit in 2022, growing by 40% against the previous year. Over the period under review, the export price saw a resilient expansion. The growth pace was the most rapid in 2014 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to +34.9% per year.

Safety Seat Belt Imports

Imports into Cote d'Ivoire

Safety seat belt imports into Cote d'Ivoire soared to X units in 2022, with an increase of 29% against the previous year. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 420% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, safety seat belt imports reached $X in 2022. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 373% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), France (X units) and Lebanon (X units) were the main suppliers of safety seat belt imports to Cote d'Ivoire, together comprising 50% of total imports. The Netherlands, the United States, Poland, South Korea, China, Japan, South Africa, Turkey, Nigeria and Mexico lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +52.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest safety seat belt suppliers to Cote d'Ivoire were France ($X), Poland ($X) and the United States ($X), together accounting for 45% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +55.9%, 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 safety seat belt import price stood at $X per unit in 2022, shrinking by -22.3% against the previous year. In general, the import price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 477%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 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 Nigeria ($X per unit), while the price for Lebanon ($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 United States (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform