Report Update Apr 1, 2025

Western Africa - Machinery for Finishing Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Finishing Paper Machinery Market 2025

Finishing Paper Machinery Market Size in Western Africa

The West African finishing paper machinery market skyrocketed to $X in 2021, growing by 27% against the previous year. Overall, consumption enjoyed a pronounced expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Finishing Paper Machinery Production in Western Africa

In value terms, finishing paper machinery production contracted to $X in 2021 estimated in export price. Over the period under review, production enjoyed a strong increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 105% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then reduced in the following year.

Finishing Paper Machinery Exports

Exports in Western Africa

In 2017, after three years of decline, there was decline in shipments abroad of machinery for finishing paper or paperboard, when their volume decreased by 0% to X units. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 400% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2017, the growth of the exports failed to regain momentum.

In value terms, finishing paper machinery exports surged to $X in 2017. In general, exports showed a significant increase. The level of export peaked at $X in 2013; however, from 2014 to 2017, the exports failed to regain momentum.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2017, approximately reflecting the previous year. In general, the export price showed significant growth. The pace of growth appeared the most rapid in 2013 an increase of 257% against the previous year. The level of export peaked in 2017 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Ghana.

From 2012 to 2017, the rate of growth in terms of prices for Ghana amounted to 0.0% per year.

Finishing Paper Machinery Imports

Imports in Western Africa

In 2021, the amount of machinery for finishing paper or paperboard imported in Western Africa soared to X units, growing by 26% compared with 2020 figures. In general, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2018 with an increase of 239%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, finishing paper machinery imports surged to $X in 2021. Over the period under review, imports saw pronounced growth. The most prominent rate of growth was recorded in 2018 when imports increased by 67% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Nigeria (X units) was the largest importer of machinery for finishing paper or paperboard, comprising 69% of total imports. Ghana (X units) ranks second in terms of the total imports with a 20% share, followed by Cote d'Ivoire (8.2%).

From 2012 to 2021, average annual rates of growth with regard to finishing paper machinery imports into Nigeria stood at +4.6%. At the same time, Ghana (+27.2%) and Cote d'Ivoire (+16.3%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +27.2% from 2012-2021. Ghana (+16 p.p.) and Cote d'Ivoire (+4.2 p.p.) significantly strengthened its position in terms of the total imports, while Nigeria saw its share reduced by -18.9% from 2012 to 2021, respectively.

In value terms, Nigeria ($X) constitutes the largest market for imported machinery for finishing paper or paperboard in Western Africa, comprising 70% of total imports. The second position in the ranking was taken by Ghana ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Nigeria was relatively modest. In the other countries, the average annual rates were as follows: Ghana (+30.6% per year) and Cote d'Ivoire (+10.3% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2021, rising by 2% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of 96% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Cote d'Ivoire ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for finishing paper or paperboard in Western Africa?

Nigeria constituted the country with the largest volume of finishing paper machinery consumption, comprising approx. 46% of total volume. Moreover, finishing paper machinery consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Ghana, threefold. The third position in this ranking was occupied by Senegal, with a 14% share.

What are the largest producers of machinery for finishing paper or paperboard in Western Africa?

Burkina Faso constituted the country with the largest volume of finishing paper machinery production, comprising approx. 50% of total volume. Moreover, finishing paper machinery production in Burkina Faso exceeded the figures recorded by the second-largest producer, Togo, fourfold. The third position in this ranking was occupied by Cabo Verde, with a 13% share.

What are the leading importers of machinery for finishing paper or paperboard in Western Africa?

In value terms, Nigeria constitutes the largest market for imported machinery for finishing paper or paperboard in Western Africa, comprising 70% of total imports. The second position in the ranking was occupied by Ghana, with an 11% share of total imports. It was followed by Senegal, with a 7.2% share.

What is the average import price for machinery for finishing paper or paperboard in Western Africa?

In 2021, the import price in Western Africa amounted to $8,404 per unit, growing by 22% against the previous year.

This report provides an in-depth analysis of the finishing paper machinery market in Western Africa. 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 28951117 - Machinery for finishing paper or paperboard

Country coverage:

Benin
Burkina Faso
Cabo Verde
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Mauritania
Niger
Nigeria
Saint Helena, Ascension and Tristan da Cunha
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 Western Africa, split by region and country
Trade (exports and imports) in Western Africa
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
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
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
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, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024