Ghana: Market for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets 2024

Market Size for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets in Ghana

In 2021, after two years of decline, there was significant growth in the Ghanian market for graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets, when its value increased by 109% to $X. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets

Exports from Ghana

In 2021, exports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets from Ghana soared to X tons, with an increase of 17% on the year before. In general, exports, however, faced a sharp reduction. The growth pace was the most rapid in 2019 with an increase of 123% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets skyrocketed to $X in 2021. Overall, exports, however, showed a dramatic decrease. The growth pace was the most rapid in 2019 when exports increased by 143%. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X tons) was the main destination for exports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets from Ghana, with a 57% share of total exports. Moreover, exports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets to Burkina Faso exceeded the volume sent to the second major destination, Senegal (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Burkina Faso stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (0.0% per year) and Cote d'Ivoire (-26.7% per year).

In value terms, the largest markets for graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets exported from Ghana were Senegal ($X), Cote d'Ivoire ($X) and Burkina Faso ($X), with a combined 100% share of total exports.

Burkina Faso, with a CAGR of +1.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets amounted to $X per ton, surging by 71% against the previous year. Overall, the export price, however, recorded a slight slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+17.1%), while the prices for the other major destinations experienced a decline.

Imports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets

Imports into Ghana

In 2021, purchases abroad of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets increased by 92% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets soared to $X in 2021. Over the period under review, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets supplier to Ghana, with a 25% share of total imports. Moreover, imports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets from India exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold. Brazil (X tons) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+4.9% per year) and Brazil (+11.8% per year).

In value terms, India ($X), Indonesia ($X) and Thailand ($X) were the largest graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets suppliers to Ghana, with a combined 38% share of total imports. These countries were followed by Portugal, Singapore, Brazil, China, Sweden, Finland, Spain, the United Arab Emirates, Russia and Hong Kong SAR, which together accounted for a further 30%.

Sweden, with a CAGR of +30.3%, 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

The average import price for graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in sheets stood at $X per ton in 2021, with an increase of 11% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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