Ghana: Market for Paper Trays, Dishes, Plates And Cups 2024

Market Size for Paper Trays, Dishes, Plates And Cups in Ghana

The Ghanian paper dishes and cups market surged to $X in 2021, increasing by 17% against the previous year. In general, consumption enjoyed prominent growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Paper Trays, Dishes, Plates And Cups in Ghana

In value terms, paper dishes and cups production skyrocketed to $X in 2021 estimated in export price. Overall, production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 86% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Paper Trays, Dishes, Plates And Cups

Exports from Ghana

In 2021, overseas shipments of paper trays, dishes, plates and cups increased by 1.8% to X tons, rising for the second consecutive year after two years of decline. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 662%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, paper dishes and cups exports declined remarkably to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 476%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for paper dishes and cups exports from Ghana, with a 72% share of total exports. Moreover, paper dishes and cups exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Niger (X tons), fourfold. Burkina Faso (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cote d'Ivoire totaled +28.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (+75.5% per year) and Burkina Faso (+24.6% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for paper trays, dishes, plates and cups exports from Ghana, comprising 63% of total exports. The second position in the ranking was held by Niger ($X), with a 15% share of total exports. It was followed by Mali, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Cote d'Ivoire was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (+38.9% per year) and Mali (+40.0% per year).

Export Prices by Country

The average paper dishes and cups export price stood at $X per ton in 2021, dropping by -21.7% against the previous year. Over the period under review, the export price faced a dramatic setback. The pace of growth was the most pronounced in 2015 an increase of 35%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Senegal ($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 Burkina Faso (-10.9%), while the prices for the other major destinations experienced a decline.

Imports of Paper Trays, Dishes, Plates And Cups

Imports into Ghana

Paper dishes and cups imports into Ghana surged to X tons in 2021, with an increase of 49% on the year before. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by 250% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, paper dishes and cups imports skyrocketed to $X in 2021. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 344%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of paper dishes and cups to Ghana, with a 68% share of total imports. Moreover, paper dishes and cups imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fivefold. The UK (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +38.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+21.4% per year) and the UK (+72.9% per year).

In value terms, China ($X) constituted the largest supplier of paper trays, dishes, plates and cups to Ghana, comprising 82% of total imports. The second position in the ranking was taken by Italy ($X), with a 4.4% share of total imports. It was followed by Lebanon, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +49.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+48.0% per year) and Lebanon (+63.7% per year).

Import Prices by Country

In 2021, the average paper dishes and cups import price amounted to $X per ton, picking up by 31% against the previous year. In general, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 58% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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 Italy ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :