Cote d'Ivoire: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Cote d'Ivoire

In 2022, after four years of growth, there was significant decline in the Cote d'Ivoire's market for self-adhesive plastic tape in rolls of a width under 20cm, when its value decreased by -34% to $X. Over the period under review, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level of $X, and then contracted dramatically in the following year.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Cote d'Ivoire

In 2022, after two years of growth, there was significant decline in overseas shipments of self-adhesive plastic tape in rolls of a width under 20cm, when their volume decreased by -12.7% to X tons. In general, exports, however, enjoyed mild growth. The pace of growth appeared the most rapid in 2016 when exports increased by 435%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm expanded rapidly to $X in 2022. Over the period under review, exports, however, posted a slight increase. The growth pace was the most rapid in 2016 with an increase of 525%. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Cote d'Ivoire, accounting for a 61% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Mali (X kg), fourfold. Niger (X kg) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled +86.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (+33.0% per year) and Niger (+22.8% per year).

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Cote d'Ivoire were Democratic Republic of the Congo ($X), Mali ($X) and Togo ($X), together comprising 83% of total exports.

Democratic Republic of the Congo, with a CAGR of +56.1%, saw the highest rates of growth with regard to the value of exports, among 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 export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, with an increase of 20% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 119%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 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 Mali ($X per ton), while the average price for exports to Congo ($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 (-5.2%), while the prices for the other major destinations experienced a decline.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Cote d'Ivoire

In 2022, supplies from abroad of self-adhesive plastic tape in rolls of a width under 20cm decreased by -42.3% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 152%. As a result, imports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm fell dramatically to $X in 2022. In general, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 145%. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under 20cm supplier to Cote d'Ivoire, accounting for a 74% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), fivefold. The third position in this ranking was held by France (X tons), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+49.3% per year) and France (+0.5% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Cote d'Ivoire, comprising 72% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports. It was followed by Italy, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+9.5% per year) and Italy (-2.1% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, growing by 22% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for self-adhesive plastic tape in rolls of a width under 20cm increased by +124.1% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 38% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform