Western Africa: Market for Paper other than Graphic, Packaging or Tissue 2022

Market Size for Paper other than Graphic, Packaging or Tissue in Western Africa

The West African market for paper other than graphic, packaging or tissue was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Paper other than Graphic, Packaging or Tissue in Western Africa

In value terms, production of paper other than graphic, packaging or tissue stood at $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth remained at a lower figure.

Exports of Paper other than Graphic, Packaging or Tissue

Exports in Western Africa

In 2021, exports of paper other than graphic, packaging or tissue in Western Africa soared to X tons, jumping by X% compared with the year before. Over the period under review, exports saw a notable expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of paper other than graphic, packaging or tissue soared to $X in 2021. In general, exports recorded a perceptible expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Nigeria was the largest exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Senegal (X tons), Togo (X tons), Cote d'Ivoire (X tons) and Burkina Faso (X tons), together creating a X% share of total exports. Ghana (X tons) followed a long way behind the leaders.

Exports from Nigeria increased at an average annual rate of +X% from 2012 to 2021. At the same time, Burkina Faso (+X%), Togo (+X%) and Cote d'Ivoire (+X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +X% from 2012-2021. By contrast, Senegal (-X%) and Ghana (-X%) illustrated a downward trend over the same period. Nigeria (+X p.p.), Burkina Faso (+X p.p.), Togo (+X p.p.) and Cote d'Ivoire (+X p.p.) significantly strengthened its position in terms of the total exports, while Ghana and Senegal saw its share reduced by -X% and -X% from 2012 to 2021, respectively.

In value terms, Nigeria ($X), Senegal ($X) and Burkina Faso ($X) constituted the countries with the highest levels of exports in 2021, with a combined X% share of total exports.

Among the main exporting countries, Nigeria, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The ng or tissue in Western Africa stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Burkina Faso ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+X%), while the other leaders experienced more modest paces of growth.

Imports of Paper other than Graphic, Packaging or Tissue

Imports in Western Africa

Imports of paper other than graphic, packaging or tissue soared to X tons in 2021, picking up by X% against the previous year's figure. Total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of paper other than graphic, packaging or tissue surged to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% 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

Nigeria was the key importer of paper other than graphic, packaging or tissue in Western Africa, with the volume of imports finishing at X tons, which was near X% of total imports in 2021. It was distantly followed by Ghana (X tons) and Senegal (X tons), together creating a X% share of total imports. Cote d'Ivoire (X tons), Burkina Faso (X tons) and Mali (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to paper other than graphic, packaging or tissue imports into Nigeria stood at +X%. At the same time, Mali (+X%), Senegal (+X%) and Burkina Faso (+X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. Ghana experienced a relatively flat trend pattern. By contrast, Cote d'Ivoire (-X%) illustrated a downward trend over the same period. Nigeria (+X p.p.) and Senegal (+X p.p.) significantly strengthened its position in terms of the total imports, while Ghana and Cote d'Ivoire saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported paper other than graphic, packaging or tissue in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with an X% share.

From 2012 to 2021, the average annual growth rate of value in Nigeria stood at +X%. In the other countries, the average annual rates were as follows: Burkina Faso (+X% per year) and Cote d'Ivoire (-X% per year).

Import Prices by Country

The ng or tissue in Western Africa stood at $X per ton in 2021, surging by X% against the previous year. Import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for paper other than graphic, packaging or tissue decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Burkina Faso ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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