ECOWAS: Manifold Business Form Market 2025

Manifold Business Form Market Size in ECOWAS

The ECOWAS manifold business form market shrank to $X in 2022, which is down by -5.4% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Manifold Business Form Production in ECOWAS

In value terms, manifold business form production shrank to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 22% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Manifold Business Form Exports

Exports in ECOWAS

After three years of growth, shipments abroad of manifold business forms and interleaved carbon sets decreased by -3.4% to X tons in 2022. Over the period under review, exports, however, posted a slight increase. The growth pace was the most rapid in 2017 when exports increased by 131%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, manifold business form exports contracted to $X in 2022. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 135%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Senegal (X tons) was the largest exporter of manifold business forms and interleaved carbon sets, constituting 77% of total exports. It was distantly followed by Togo (X tons), creating a 22% share of total exports.

Senegal was also the fastest-growing in terms of the manifold business forms and interleaved carbon sets exports, with a CAGR of +2.5% from 2012 to 2022. Togo experienced a relatively flat trend pattern. While the share of Senegal (+5.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Togo (-3.3 p.p.) displayed negative dynamics.

In value terms, Senegal ($X) and Togo ($X) were the countries with the highest levels of exports in 2022.

Togo, with a CAGR of -4.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, with a decrease of -7% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 62% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Togo ($X per ton), while Senegal totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (-4.9%).

Manifold Business Form Imports

Imports in ECOWAS

In 2022, after two years of growth, there was significant decline in supplies from abroad of manifold business forms and interleaved carbon sets, when their volume decreased by -30.4% to X tons. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 102%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, manifold business form imports reached $X in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 with an increase of 32% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Senegal (X tons), Ghana (X tons) and Burkina Faso (X tons) was the key importer of manifold business forms and interleaved carbon sets in ECOWAS, generating 80% of total import. Cote d'Ivoire (X tons), Guinea (X tons), Benin (X tons) and Niger (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Senegal (with a CAGR of +10.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Senegal ($X) and Guinea ($X) constituted the countries with the highest levels of imports in 2022, with a combined 68% share of total imports.

Senegal, with a CAGR of +6.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, picking up by 44% against the previous year. In general, the import price, however, saw a pronounced slump. The growth pace was the most rapid in 2019 when the import price increased by 81%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guinea ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guinea (+7.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform