Cote d'Ivoire: Tufted Carpet Market 2025

Tufted Carpet Market Size in Cote d'Ivoire

The Cote d'Ivoire's tufted carpet market dropped notably to $X in 2022, which is down by -16.5% 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). Over the period under review, consumption, however, enjoyed measured growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Tufted Carpet Exports

Exports from Cote d'Ivoire

In 2022, tufted carpet exports from Cote d'Ivoire shrank to X square meters, with a decrease of -5.9% compared with 2021 figures. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2015 with an increase of 108% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, tufted carpet exports fell to $X in 2022. Over the period under review, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2015 when exports increased by 99%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

France (X square meters), Liberia (X square meters) and Mali (X square meters) were the main destinations of tufted carpet exports from Cote d'Ivoire, with a combined 78% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mali (with a CAGR of +31.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Liberia ($X) and Mali ($X) constituted the largest markets for tufted carpet exported from Cote d'Ivoire worldwide, with a combined 80% share of total exports.

Mali, with a CAGR of +28.9%, saw the highest growth rate of 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

The average tufted carpet export price stood at $X per square meter in 2022, reducing by -5% against the previous year. Over the period under review, the export price, however, recorded slight growth. The pace of growth appeared the most rapid in 2014 an increase of 43% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Italy ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tufted Carpet Imports

Imports into Cote d'Ivoire

Tufted carpet imports into Cote d'Ivoire dropped to X square meters in 2022, declining by -6.5% on the year before. Overall, imports, however, continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2015 when imports increased by 97% against the previous year. As a result, imports attained the peak of X square meters. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tufted carpet imports reduced markedly to $X in 2022. In general, imports, however, enjoyed a tangible expansion. The pace of growth was the most pronounced in 2015 when imports increased by 98% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X square meters), Morocco (X square meters) and Belgium (X square meters) were the main suppliers of tufted carpet imports to Cote d'Ivoire, with a combined 49% share of total imports. China, India, the Netherlands, Lebanon and Italy lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +31.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tufted carpet suppliers to Cote d'Ivoire were Morocco ($X), Turkey ($X) and China ($X), with a combined 46% share of total imports. Italy, Belgium, Lebanon, India and the Netherlands lagged somewhat behind, together accounting for a further 32%.

Among the main suppliers, the Netherlands, with a CAGR of +21.5%, saw the highest growth rate of 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 tufted carpet import price amounted to $X per square meter, which is down by -13.9% against the previous year. In general, the import price showed a mild decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 45%. As a result, import price attained the peak level of $X per square meter, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform