Ghana: Paper Hand Towels Market 2024

Paper Hand Towels Market Size in Ghana

The Ghanian paper hand towels market dropped to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a resilient increase. Paper hand towels consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Paper Hand Towels Production in Ghana

In value terms, paper hand towels production dropped to $X in 2022 estimated in export price. In general, production, however, posted a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Paper hand towels production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Paper Hand Towels Exports

Exports from Ghana

After three years of growth, overseas shipments of paper hand towels decreased by X% to X tons in 2022. Overall, exports, however, continue to indicate a notable increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced remarkably in the following year.

In value terms, paper hand towels exports shrank remarkably to $X in 2022. In general, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Togo (X tons) was the main destination for paper hand towels exports from Ghana, with a X% share of total exports. Moreover, paper hand towels exports to Togo exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), tenfold. Mali (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Togo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Mali (X% per year).

In value terms, Togo ($X) remains the key foreign market for paper hand towels exports from Ghana, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Benin, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Togo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Benin (X% per year).

Export Prices by Country

In 2022, the average paper hand towels export price amounted to $X per ton, which is down by X% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price 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, paper hand towels export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

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

Paper Hand Towels Imports

Imports into Ghana

In 2022, approx. X tons of paper hand towels were imported into Ghana; jumping by X% on the year before. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, paper hand towels imports soared to $X in 2022. Over the period under review, total imports indicated mild growth 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Nigeria (X tons) constituted the largest supplier of paper hand towels to Ghana, with a X% share of total imports. Moreover, paper hand towels imports from Nigeria exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Indonesia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Nigeria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Indonesia (X% per year).

In value terms, China ($X) constituted the largest supplier of paper hand towels to Ghana, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Indonesia (X% per year).

Import Prices by Country

The average paper hand towels import price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price showed a deep slump. The growth pace was the most rapid in 2014 when the average import price increased by X%. 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 ($X per ton), while the price for Nigeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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