Western Africa: Paper Making Machinery Market 2025

Paper Making Machinery Market Size in Western Africa

The West African paper making machinery market stood at $X in 2021, picking up by 8.1% against the previous year. The total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +12.3% against 2019 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Paper Making Machinery Production in Western Africa

In value terms, paper making machinery production reduced to $X in 2021 estimated in export price. The total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by +0.8% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 27%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Paper Making Machinery Exports

Exports by Country

Senegal represented the major exporter of machinery for making up paper pulp, paper or paperboard in Western Africa, with the volume of exports amounting to X units, which was approx. 75% of total exports in 2021. It was distantly followed by Ghana (X units), constituting a 25% share of total exports.

Senegal was also the fastest-growing in terms of the machinery for making up paper pulp, paper or paperboard exports, with a CAGR of +13.0% from 2012 to 2021. Ghana experienced a relatively flat trend pattern. Senegal (+42 p.p.) and Ghana (+25 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) remains the largest paper making machinery supplier in Western Africa, comprising 38% of total exports. The second position in the ranking was held by Senegal ($X), with a 16% share of total exports.

In Ghana, paper making machinery exports increased at an average annual rate of +57.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per unit, reducing by -31.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 1,680%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Ghana ($X per unit), while Senegal totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+48.0%).

Paper Making Machinery Imports

Imports in Western Africa

In 2021, the amount of machinery for making up paper pulp, paper or paperboard imported in Western Africa surged to X units, jumping by 34% on 2020 figures. Over the period under review, imports enjoyed a resilient increase. The growth pace was the most rapid in 2018 with an increase of 113%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, paper making machinery imports surged to $X in 2021. Overall, imports, however, showed a pronounced slump. The pace of growth was the most pronounced in 2018 with an increase of 122% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Nigeria was the key importer of machinery for making up paper pulp, paper or paperboard in Western Africa, with the volume of imports reaching X units, which was near 72% of total imports in 2021. It was distantly followed by Ghana (X units), constituting a 17% share of total imports. Benin (X units), Guinea (X units) and Senegal (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to paper making machinery imports into Nigeria stood at +8.5%. At the same time, Guinea (+51.5%), Ghana (+20.2%), Benin (+11.6%) and Senegal (+8.8%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +51.5% from 2012-2021. From 2012 to 2021, the share of Ghana and Guinea increased by +10 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Ghana ($X) and Senegal ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 91% of total imports. These countries were followed by Benin and Guinea, which together accounted for a further 4.7%.

In terms of the main importing countries, Guinea, with a CAGR of +61.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, which is down by -9.3% against the previous year. In general, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the import price increased by 45% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Senegal ($X per unit), while Guinea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Benin (+12.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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