Report Update Nov 1, 2024

ECOWAS - Plastic Plates, Sheets, Film, Foil and Strip - Market Analysis, Forecast, Size, Trends and Insights

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ECOWAS: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports in ECOWAS

In 2021, exports of plastic plates, sheets, film, foil and strip in ECOWAS soared to X tons, with an increase of 618% compared with the previous year's figure. In general, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2021. Overall, exports posted a temperate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Nigeria dominates strip structure, reaching X tons, which was approx. 88% of total exports in 2021. It was distantly followed by Togo (X tons), comprising a 9.2% share of total exports.

Nigeria was also the fastest-growing in terms of the plastic plates, sheets, film, foil and strip exports, with a CAGR of +69.6% from 2012 to 2021. At the same time, Togo (+1.4%) displayed positive paces of growth. While the share of Nigeria (+85 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Togo (-24.5 p.p.) displayed negative dynamics.

In value terms, the largest plastic plate, sheet, film, foil and strip supplying countries in ECOWAS were Nigeria ($X) and Togo ($X).

In terms of the main exporting countries, Nigeria, with a CAGR of +35.4%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2021, with a decrease of -70% against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat 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 Nigeria totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (-0.8%).

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports in ECOWAS

In 2021, the amount of plastic plates, sheets, film, foil and strip imported in ECOWAS fell dramatically to X tons, declining by -27.9% against the previous year. Overall, imports, however, showed a temperate expansion. The growth pace was the most rapid in 2020 when imports increased by 81% against the previous year. As a result, imports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, imports of plastic plates, sheets, film, foil and strip contracted to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +55.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 76%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Nigeria was the largest importing country with an import of about X tons, which resulted at 48% of total imports. Ghana (X tons) ranks second in terms of the total imports with a 17% share, followed by Senegal (9.4%) and Cote d'Ivoire (8.6%). Burkina Faso (X tons), Togo (X tons) and Guinea (X tons) held a little share of total imports.

Imports into Nigeria increased at an average annual rate of +1.3% from 2012 to 2021. At the same time, Senegal (+12.6%), Ghana (+12.1%), Burkina Faso (+10.8%), Guinea (+9.3%), Cote d'Ivoire (+7.2%) and Togo (+7.0%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +12.6% from 2012-2021. While the share of Ghana (+7.6 p.p.), Senegal (+4.5 p.p.), Burkina Faso (+1.7 p.p.) and Cote d'Ivoire (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Nigeria (-17.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported plastic plates, sheets, film, foil and strip in ECOWAS, comprising 42% of total imports. The second position in the ranking was taken by Ghana ($X), with a 20% share of total imports. It was followed by Cote d'Ivoire, with a 9.9% share.

In Nigeria, imports of plastic plates, sheets, film, foil and strip expanded at an average annual rate of +2.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (+11.7% per year) and Cote d'Ivoire (+4.9% per year).

Import Prices by Country

In 2021, the import price in ECOWAS amounted to $X per ton, picking up by 22% against the previous year. Overall, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Ghana ($X per ton) and Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) and Burkina Faso ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+0.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for plastic plate, sheet, film, foil and strip in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22213010 - Other plates..., of polymers of ethylene, not reinforced, t hickness . 0,125 mm
Prodcom 22213017 - Other plates..., of polymers of ethylene, not reinforced, etc., t hickness > 0,125 mm
Prodcom 22213021 - Other plates..., of biaxially orientated polymers of propylene, t hickness . 0,10 mm
Prodcom 22213023 - Other plates..., of polymers of propylene, thickness . 0,10 mm, others
Prodcom 22213026 - Strip of polymers of propylene, of a thickness of > 0,10 mm and a width of > 5 mm but . .20 mm, of the kind used for packaging (excluding self-adhesive products)
Prodcom 22213030 - Other plates..., of polymers of styrene, not reinforced, etc.
Prodcom 22213035 - Other plates, sheets, film, foil and strip, of polymers of vinyl chloride, containing . 6 % of plasticisers, thickness . 1 mm
Prodcom 22213036 - Other plates, sheets, film, foil and strip, of polymers of vinyl chloride, containing . 6 % of plasticisers, thickness > 1 mm
Prodcom 22213037 - Other plates, sheets, film, foil and strip, of polymers of vinyl chloride, containing < 6 % of plasticisers, thickness . 1 mm
Prodcom 22213038 - Other plates, sheets, film, foil and strip, of polymers of vinyl chloride, containing < 6 % of plasticisers, thickness > 1 mm
Prodcom 22213053 - Plates..., of polymethyl methacrylate, not reinforced, etc.
Prodcom 22213059 - Plates..., of other acrylic polymers, not reinforced, etc., n.e.c.
Prodcom 22213061 - Plates, sheets, film, foil, strip of polycarbonates, non-cellular excluding floor, wall, ceiling coverings - self-adhesive, r einforced, laminated, supported/similarly combined with other materials
Prodcom 22213063 - Plates..., of unsaturated polyesters, not reinforced, etc.
Prodcom 22213065 - Plates, sheets, film, foil, strip, of polyethylene terephthalate, n ot reinforced, etc., of a thickness . 0,35 mm
Prodcom 22213067 - Plates, sheets, film, foil, strip, of polyethylene terephthalate, n ot reinforced, etc., of a thickness > 0,35 mm
Prodcom 22213069 - Plates, sheets, film, foil, strip of polyesters, non-cellular excluding floor, wall, ceiling coverings, self-adhesive - of polycarbonates, polyethylene terephthalate, unsaturated polyesters
Prodcom 22213070 - Plates, sheets, film, foil and strip, of non-cellular cellulose or its chemical derivatives, not reinforced, laminated, supported or similarly combined with other materials (excluding selfadhesive products as well as and floor, wall and ceiling coverings of HS
Prodcom 22213082 - Plates, sheets, film, foil, strip of polyamides, non-cellular (excluding floor, wall, ceiling coverings, self-adhesive, r einforced, laminated, supported/similarly combined with other materials)
Prodcom 22213086 - Plates, sheets, film, foil and strip, of non-cellular poly(vinyl butyral), amino-resins, phenolic resins or polymerisation products, not reinforced, laminated, supported or similarly combined with other materials (excluding self-adhesive products as well as and floor, wall and ceiling coverings of HS
Prodcom 22213090 - Plates, sheets, film, foil and strip, of non-cellular plastics, n .e.c., not reinforced, laminated, supported or similarly combined with other materials (excluding self-adhesive products, floor, wall and ceiling coverings of HS

Country coverage:

Benin
Burkina Faso
Cabo Verde
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Niger
Nigeria
Senegal
Sierra Leone
Togo
Cote d'Ivoire

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in ECOWAS, split by region and country
Trade (exports and imports) in ECOWAS
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023