Cote d'Ivoire: Market for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V 2024

Market Size for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V in Cote d'Ivoire

The Cote d'Ivoire's electrical board and console market contracted dramatically to $X in 2022, falling by X% 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, however, saw significant growth. Electrical board and console consumption peaked at $X in 2021, and then fell remarkably in the following year.

Exports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Exports from Cote d'Ivoire

In 2022, exports of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v from Cote d'Ivoire declined rapidly to X units, which is down by X% against the previous year. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X units in 2021, and then dropped sharply in the following year.

In value terms, electrical board and console exports reduced dramatically to $X in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted dramatically in the following year.

Exports by Country

Burkina Faso (X units), Chad (X units) and Liberia (X units) were the main destinations of electrical board and console exports from Cote d'Ivoire, with a combined X% share of total exports.

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

In value terms, Chad ($X), Burkina Faso ($X) and the UK ($X) were the largest markets for electrical board and console exported from Cote d'Ivoire worldwide, with a combined X% share of total exports.

Among the main countries of destination, Burkina Faso, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 electrical board and console export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price showed a noticeable expansion. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 the UK ($X per unit), while the average price for exports to Liberia ($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 Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Imports into Cote d'Ivoire

In 2022, overseas purchases of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, electrical board and console imports declined sharply to $X in 2022. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Morocco (X units) constituted the largest electrical board and console supplier to Cote d'Ivoire, accounting for a X% share of total imports. Moreover, electrical board and console imports from Morocco exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. The third position in this ranking was held by Egypt (X units), with an X% share.

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

In value terms, the largest electrical board and console suppliers to Cote d'Ivoire were Turkey ($X), France ($X) and Egypt ($X), with a combined X% share of total imports. Morocco, Spain, China, the Czech Republic, India, Hungary and South Africa lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, China, with a CAGR of X%, recorded 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 electrical board and console import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average 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 ($X per unit), while the price for Morocco ($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 Africa (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :