ECOWAS: Market for Packing Cases, Boxes And Similar Packings 2025

Market Size for Packing Cases, Boxes And Similar Packings in ECOWAS

The ECOWAS wooden case and box market rose to $X in 2022, picking up by X% against the previous year. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Packing Cases, Boxes And Similar Packings in ECOWAS

In value terms, wooden case and box production rose to $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Packing Cases, Boxes And Similar Packings

Exports in ECOWAS

In 2022, shipments abroad of packing cases, boxes and similar packings increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a noticeable contraction. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wooden case and box exports soared to $X in 2022. Over the period under review, exports, however, showed a abrupt decline. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Togo dominates exports structure, resulting at X units, which was near X% of total exports in 2022. The following exporters - Benin (X units) and Nigeria (X units) - each resulted at a X% share of total exports.

Exports from Togo increased at an average annual rate of X% from 2012 to 2022. At the same time, Benin (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%) illustrated a downward trend over the same period. Togo (X p.p.) and Benin (X p.p.) significantly strengthened its position in terms of the total exports, while Nigeria saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Togo ($X), Nigeria ($X) and Benin ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Benin, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Nigeria ($X per unit), while Togo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced a decline in the export price figures.

Imports of Packing Cases, Boxes And Similar Packings

Imports in ECOWAS

In 2022, purchases abroad of packing cases, boxes and similar packings increased by X% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, wooden case and box imports totaled $X in 2022. Overall, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Cote d'Ivoire was the main importer of packing cases, boxes and similar packings in ECOWAS, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Ghana (X units) ranks second in terms of the total imports with a X% share, followed by Senegal (X%) and Cabo Verde (X%). The following importers - Nigeria (X units) and Guinea (X units) - each amounted to a X% share of total imports.

Cote d'Ivoire was also the fastest-growing in terms of the packing cases, boxes and similar packings imports, with a CAGR of X% from 2012 to 2022. At the same time, Guinea (X%), Cabo Verde (X%), Senegal (X%) and Ghana (X%) displayed positive paces of growth. By contrast, Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Cote d'Ivoire and Cabo Verde increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) constitutes the largest market for imported packing cases, boxes and similar packings in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.

In Cote d'Ivoire, wooden case and box imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Senegal (X% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per unit, waning by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per unit), while Cabo Verde ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform