Cote d'Ivoire: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Cote d'Ivoire

In 2022, the Cote d'Ivoire's spectrometers and spectrophotometers market increased by X% to $X, rising for the sixth year in a row after two years of decline. Over the period under review, consumption saw buoyant growth. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in years to come.

Spectrometers And Spectrophotometers Exports

Exports from Cote d'Ivoire

Spectrometers and spectrophotometers exports from Cote d'Ivoire soared to X units in 2022, picking up by X% against 2021. In general, exports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, spectrometers and spectrophotometers exports reduced sharply to $X in 2022. Over the period under review, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa (X units) was the main destination for spectrometers and spectrophotometers exports from Cote d'Ivoire, accounting for a X% share of total exports. Moreover, spectrometers and spectrophotometers exports to South Africa exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold. The third position in this ranking was taken by Germany (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Africa totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, South Africa ($X) emerged as the key foreign market for spectrometers and spectrophotometers exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to South Africa amounted to X.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

The average spectrometers and spectrophotometers export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Democratic Republic of the Congo ($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 South Africa (X.4%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers And Spectrophotometers Imports

Imports into Cote d'Ivoire

In 2022, supplies from abroad of spectrometers and spectrophotometers increased by X% to X units, rising for the sixth year in a row after two years of decline. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, spectrometers and spectrophotometers imports shrank remarkably to $X in 2022. In general, imports posted a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then declined sharply in the following year.

Imports by Country

In 2022, Australia (X units) constituted the largest supplier of spectrometers and spectrophotometers to Cote d'Ivoire, with a X% share of total imports. Moreover, spectrometers and spectrophotometers imports from Australia exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. France (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, the largest spectrometers and spectrophotometers suppliers to Cote d'Ivoire were Germany ($X), the United States ($X) and France ($X), with a combined X% share of total imports. Singapore, Japan, Australia and South Korea lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, South Korea, with a CAGR of X%, 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 spectrometers and spectrophotometers import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform