Report Update Nov 1, 2024

Ghana - Folding Cartons, Boxes and Cases of Non-Corrugated Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Non-Corrugated Paper Box Market 2024

Non-Corrugated Paper Box Market Size in Ghana

In 2022, the Ghanian non-corrugated paper box market decreased by -13.7% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption, however, recorded buoyant growth. Non-corrugated paper box consumption peaked at $X in 2021, and then shrank in the following year.

Non-Corrugated Paper Box Exports

Exports from Ghana

After three years of decline, overseas shipments of folding cartons, boxes and cases of non-corrugated paper or paperboard increased by 58% to X tons in 2022. Over the period under review, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2017 with an increase of 172%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-corrugated paper box exports surged to $X in 2022. Overall, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 when exports increased by 95%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Togo (X tons) and Benin (X tons) were the main destinations of non-corrugated paper box exports from Ghana.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Benin (with a CAGR of -1.9%).

In value terms, the largest markets for non-corrugated paper box exported from Ghana were Togo ($X) and Benin ($X).

Benin, with a CAGR of +7.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average non-corrugated paper box export price amounted to $X per ton, flattening at the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-corrugated paper box export price increased by +75.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Togo ($X per ton), while the average price for exports to Benin amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Corrugated Paper Box Imports

Imports into Ghana

In 2022, overseas purchases of folding cartons, boxes and cases of non-corrugated paper or paperboard decreased by -15.1% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. As a result, imports attained the peak of X tons, and then declined significantly in the following year.

In value terms, non-corrugated paper box imports reduced to $X in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 46% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest non-corrugated paper box supplier to Ghana, accounting for a 60% share of total imports. Moreover, non-corrugated paper box imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +23.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.7% per year) and Germany (+77.0% per year).

In value terms, the largest non-corrugated paper box suppliers to Ghana were India ($X), China ($X) and Germany ($X), with a combined 93% share of total imports.

Germany, with a CAGR of +66.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-corrugated paper box import price amounted to $X per ton, rising by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2014 an increase of 46% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for folding cartons, boxes and cases of non-corrugated paper or paperboard in the world?

The country with the largest volume of non-corrugated paper box consumption was China, comprising approx. 25% of total volume. Moreover, non-corrugated paper box consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.2% share.

What are the largest producers of folding cartons, boxes and cases of non-corrugated paper or paperboard in the world?

The country with the largest volume of non-corrugated paper box production was China, accounting for 26% of total volume. Moreover, non-corrugated paper box production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of folding cartons, boxes and cases of non-corrugated paper or paperboard to Ghana?

In value terms, India constituted the largest supplier of non-corrugated paper box to Ghana, comprising 91% of total imports. The second position in the ranking was occupied by Germany, with a 7% share of total imports.

What are the leading importers of folding cartons, boxes and cases of non-corrugated paper or paperboard from Ghana?

In value terms, Burkina Faso remains the key foreign market for non-corrugated paper box exports from Ghana.

What is the average export price for folding cartons, boxes and cases of non-corrugated paper or paperboard in Ghana?

The average non-corrugated paper box export price stood at $1,369 per ton in 2021, growing by 31% against the previous year.

What is the average import price for folding cartons, boxes and cases of non-corrugated paper or paperboard in Ghana?

The average non-corrugated paper box import price stood at $2,542 per ton in 2021, remaining constant against the previous year.

This report provides an in-depth analysis of the non-corrugated paper box market in Ghana. 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 17211400 - Folding cartons, boxes and cases of non-corrugated paper or paperboard

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
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
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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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023