ECOWAS: Office Supply Market 2025

Office Supply Exports

Exports in ECOWAS

In 2022, office supply exports in ECOWAS dropped remarkably to X tons, waning by -42.4% on 2021 figures. Overall, exports, however, recorded a slight increase. The pace of growth was the most pronounced in 2015 with an increase of 90%. The volume of export peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, office supply exports surged to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 167%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Nigeria (X tons) and Togo (X tons) prevails in exports structure, together generating 83% of total exports. It was distantly followed by Benin (X tons), mixing up a 5.9% share of total exports. Cabo Verde (X kg), Ghana (X kg) and Mali (X kg) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Cabo Verde (with a CAGR of +37.3%), while the other leaders experienced more modest paces of growth.

In value terms, Benin ($X), Nigeria ($X) and Togo ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 93% of total exports.

Benin, with a CAGR of +72.6%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, rising by 112% against the previous year. In general, the export price, however, saw a mild downturn. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (+31.0%), while the other leaders experienced mixed trends in the export price figures.

Office Supply Imports

Imports in ECOWAS

Office supply imports reduced markedly to X tons in 2022, declining by -24% against the year before. Total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 48% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced markedly in the following year.

In value terms, office supply imports fell to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.9% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 50%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Togo (X tons), Nigeria (X tons), Burkina Faso (X tons), Cote d'Ivoire (X tons), Senegal (X tons) and Ghana (X tons) represented the main importer of office or school supplies of plastics in ECOWAS, constituting 78% of total import. The following importers - Gambia (X tons), Benin (X tons), Liberia (X tons), Guinea (X tons), Niger (X tons) and Sierra Leone (X tons) - together made up 20% of total imports.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of +15.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Senegal ($X) and Ghana ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 53% of total imports.

Cote d'Ivoire, with a CAGR of +10.6%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, increasing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2013 when the import price increased by 23% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+9.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform