Cote d'Ivoire: Market for Special-Purpose Electric Lamps and Lighting Fittings 2025

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in Cote d'Ivoire

After two years of growth, the Cote d'Ivoire's market for special-purpose electric lamps and lighting fittings decreased by -4.8% to $X in 2022. Overall, consumption, however, showed a resilient increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports from Cote d'Ivoire

In 2022, the amount of special-purpose electric lamps and lighting fittings exported from Cote d'Ivoire dropped markedly to X units, reducing by -46.2% compared with the previous year. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 250%. Over the period under review, the exports of hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of special-purpose electric lamps and lighting fittings dropped sharply to $X in 2022. In general, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 632%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units), Mali (X units) and Senegal (X units) were the main destinations of exports of special-purpose electric lamps and lighting fittings from Cote d'Ivoire, together accounting for 90% of total exports. These countries were followed by Lebanon, which accounted for a further 4.5%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of +11.6%), while the other leaders experienced mixed trend patterns.

In value terms, Senegal ($X), France ($X) and Mali ($X) appeared to be the largest markets for special-purpose electric lamp and lighting fitting exported from Cote d'Ivoire worldwide, with a combined 90% share of total exports. Lebanon lagged somewhat behind, comprising a further 3.1%.

In terms of the main countries of destination, Lebanon, with a CAGR of +19.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for special-purpose electric lamps and lighting fittings stood at $X per unit in 2022, increasing by 13% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 201%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Senegal ($X per unit), while the average price for exports to Mali ($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 Central African Republic (+181.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports into Cote d'Ivoire

In 2022, supplies from abroad of special-purpose electric lamps and lighting fittings decreased by -3.7% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 110%. Over the period under review, imports of reached the peak figure at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of special-purpose electric lamps and lighting fittings reduced to $X in 2022. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 104% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest special-purpose electric lamp and lighting fitting supplier to Cote d'Ivoire, accounting for a 42% share of total imports. Moreover, imports of special-purpose electric lamps and lighting fittings from China exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. Turkey (X units) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+32.5% per year) and Turkey (+82.3% per year).

In value terms, China ($X), Poland ($X) and Turkey ($X) appeared to be the largest special-purpose electric lamp and lighting fitting suppliers to Cote d'Ivoire, together accounting for 67% of total imports.

Among the main suppliers, Turkey, with a CAGR of +84.2%, saw 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 special-purpose electric lamps and lighting fittings amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform