ECOWAS: Photographic Paper Market 2025

Photographic Paper Market Size in ECOWAS

In 2021, the ECOWAS photographic paper market increased by 28% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, continues to indicate a pronounced descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Photographic Paper Production in ECOWAS

In value terms, photographic paper production reduced slightly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 19%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Photographic Paper Exports

Exports in ECOWAS

In 2021, overseas shipments of photographic paper, paperboard and textiles decreased by -30.5% to X square meters, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 365% against the previous year. As a result, the exports attained the peak of X square meters. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, photographic paper exports dropped to $X in 2021. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of 626%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Burkina Faso (X square meters) and Togo (X square meters) represented the largest exporters of photographic paper, paperboard and textiles in 2021, recording approx. 27% and 24% of total exports, respectively. It was distantly followed by Benin (X square meters), Gambia (X square meters), Niger (X square meters), Mali (X square meters), Ghana (X square meters) and Cote d'Ivoire (X square meters), together creating a 45% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Burkina Faso (with a CAGR of +67.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest photographic paper supplying countries in ECOWAS were Niger ($X), Burkina Faso ($X) and Togo ($X), together comprising 54% of total exports.

In terms of the main exporting countries, Burkina Faso, with a CAGR of +60.6%, recorded the highest rates of growth with regard to the value of exports, 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 square meter in 2021, jumping by 26% against the previous year. In general, the export price, however, continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2015 an increase of 56% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Niger ($X per square meter), while Gambia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Niger (+7.8%), while the other leaders experienced more modest paces of growth.

Photographic Paper Imports

Imports in ECOWAS

After four years of decline, purchases abroad of photographic paper, paperboard and textiles increased by 39% to X square meters in 2021. Overall, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at X square meters in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, photographic paper imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decline. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Ghana (X square meters) and Cote d'Ivoire (X square meters) were the largest importers of photographic paper, paperboard and textiles in 2021, reaching near 24% and 23% of total imports, respectively. Nigeria (X square meters) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Guinea (10%), Senegal (8.9%), Togo (7.3%) and Benin (5.1%).

From 2012 to 2021, the biggest increases were recorded for Togo (with a CAGR of +7.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Ghana ($X) and Guinea ($X) constituted the countries with the highest levels of imports in 2021, with a combined 65% share of total imports. Togo, Benin, Nigeria and Senegal lagged somewhat behind, together comprising a further 24%.

In terms of the main importing countries, Togo, with a CAGR of +4.8%, saw the highest growth rate of 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

The import price in ECOWAS stood at $X per square meter in 2021, rising by 32% against the previous year. Overall, the import price, however, showed a mild contraction. The level of import peaked at $X per square meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Benin (+1.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform