Cote d'Ivoire: Motor Vehicle Engine Market 2024

Motor Vehicle Engine Market Size in Cote d'Ivoire

The Cote d'Ivoire's motor vehicle engine market contracted remarkably to $X in 2022, which is down 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). Overall, consumption, however, continues to indicate buoyant growth. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Motor Vehicle Engine Exports

Exports from Cote d'Ivoire

In 2022, exports of motor vehicle engines (spark-ignition) from Cote d'Ivoire contracted remarkably to X units, with a decrease of X% compared with 2021 figures. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, motor vehicle engine exports shrank dramatically to $X in 2022. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Guatemala (X units), France (X units) and Guinea (X units) were the main destinations of motor vehicle engine exports from Cote d'Ivoire.

From 2013 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for motor vehicle engine exported from Cote d'Ivoire were France ($X), Guatemala ($X) and Guinea ($X).

France, with a CAGR of X%, recorded the highest rates of growth with regard to 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 motor vehicle engine export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price recorded significant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Motor Vehicle Engine Imports

Imports into Cote d'Ivoire

In 2022, imports of motor vehicle engines (spark-ignition) into Cote d'Ivoire declined dramatically to X units, reducing by X% against 2021. Over the period under review, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then reduced rapidly in the following year.

In value terms, motor vehicle engine imports dropped remarkably to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

France (X units), China (X units) and Belgium (X units) were the main suppliers of motor vehicle engine imports to Cote d'Ivoire, together comprising X% of total imports. The United Arab Emirates, the Netherlands, Germany, Spain, Lebanon and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle engine suppliers to Cote d'Ivoire were France ($X), the United Arab Emirates ($X) and Spain ($X), together accounting for X% of total imports. Belgium, the UK, Germany, China, Lebanon and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Lebanon, 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

In 2022, the average motor vehicle engine import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, recorded a perceptible decrease. The growth pace was the most rapid in 2017 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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