Cote d'Ivoire: Technical Textiles Market 2024

Technical Textiles Market Size in Cote d'Ivoire

The Cote d'Ivoire's technical textiles market reached $X in 2023, surging by X% against the previous year. Overall, the total consumption indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Technical Textiles Production in Cote d'Ivoire

In value terms, technical textiles production totaled $X in 2023 estimated in export price. In general, the total production indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Technical Textiles Exports

Exports from Cote d'Ivoire

In 2023, the amount of textile products and articles for technical uses exported from Cote d'Ivoire soared to X kg, picking up by X% on the previous year. Overall, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, technical textiles exports soared to $X in 2023. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X kg), the Czech Republic (X kg) and Mali (X kg) were the main destinations of technical textiles exports from Cote d'Ivoire, together comprising X% of total exports. Guinea, Singapore, Canada and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Singapore (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for technical textiles exported from Cote d'Ivoire were Ireland ($X), the Czech Republic ($X) and Guinea ($X), together comprising X% of total exports. Mali, France, Singapore and Canada lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 technical textiles export price stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Mali ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Technical Textiles Imports

Imports into Cote d'Ivoire

After six years of growth, supplies from abroad of textile products and articles for technical uses decreased by X% to X tons in 2023. Overall, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then shrank sharply in the following year.

In value terms, technical textiles imports shrank notably to $X in 2023. Over the period under review, total imports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2022 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest technical textiles supplier to Cote d'Ivoire, accounting for a X% share of total imports. Moreover, technical textiles imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

In value terms, the largest technical textiles suppliers to Cote d'Ivoire were France ($X), Germany ($X) and China ($X), together accounting for X% of total imports.

In terms of the main suppliers, China, 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 technical textiles import price stood at $X per ton in 2023, approximately mirroring the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform