Ivory Coast 2017. Renault is fast growing challenging Toyota leadership

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Ivory Coast Car Market
Renault-Alaskan-2017

Ivory Coast Car Market in 2017 kept momentum improving near 9% with the country among the fastest growing in Africa with GDP up 8%. While the market leader Toyota has lost sales for the second year, Renault jumped in second place.

Côte d’Ivoire’s economic performance has been impressive over the past years with a robust GDP growth which resulted in a decline in poverty. Throughout 2017, the country’s annual growth estimates hovered around 8%. A large part of the plan is the ambition to go from the world’s largest raw cocoa exporter to actually manufacturing and marketing its own chocolate and while steps have been down in this way, declined prices of raw material have did not help.

New vehicles market development was steady in recent years with volume grew up from 7.500 in the 2012 to 9.796 in the 2017, of which near 10% represented by HCVs.

Sales 2012Sales 2013Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018 e
Car+LCV7.5007.6247.6418.5338.2358.97010.604
HCV----678826826
Total7.5007.6247.6418.5338.9139.79611.430
2012 Var2013 Var2014 Var2015 Var2016 Var2017 Var2018 var e
Car+LCV36,5%1,7%0,2%11,7%-3,5%8,9%18,2%
HCV21,8%0,0%
Total36,5%1,7%0,2%11,7%4,5%9,9%16,7%

Despite losing 4.9% and for the second year in a row, Toyota stands on tp of the market with 1.618 sales and 16.5% of market share. However, in these year a strong player raised in second place with the announced ambition to gain the leadership. It is Renault, actually second with 1.185 units (+20.9%) and 12.1% of share.

In third place Mitsubishi with 905 (-6.6%).

At model wise, the best-selling was the Toyota Hilux with 694 sales (+1.2%) ahead of the Mitsubishi L200 with 598 (+43.1%) and in third the Renault Duster with 431 (-4.9%).

Research, Consulting, Data & Forecast

F2M covers intensively this market with several products developed to help any investigation required. Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2022. Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end. All these and more within our Ivory Coast Store

Rank 2017Rank 2016BrandSales 2017Sales 2016Variation 2017Share 2017Share 2016
11Toyota1.6181.702-4,9%16,5%19,1%
23Renault1.18598020,9%12,1%11,0%
34Mitsubishi9058496,6%9,2%9,5%
42Hyundai8011.071-25,2%8,2%12,0%
57Nissan73545063,3%7,5%5,0%
612Suzuki653222194,1%6,7%2,5%
75Ford479547-12,4%4,9%6,1%
76Mazda479496-3,4%4,9%5,6%
89Great Wall36729424,8%3,7%3,3%
910Kia36027331,9%3,7%3,1%

Rank 2017Rank 2016Sales 2017Sales 2016Variation 2017
11Toyota Hilux6946861,2%
23Mitsubishi L20059841843,1%
32Renault Duster431453-4,9%
48Nissan Hardbody31419263,5%
54Mazda BT-50300367-18,3%
613Nissan Qashqai26516560,6%
716Kia Sportage25414772,8%
838Suzuki Vitara23749383,7%
99Great Wall Wingle23018723,0%
1015Mitsubishi Fuso Canter22815052,0%