Western Africa: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2025

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Western Africa

The West African market for wood pulp, excluding mechanical wood pulp surged to $X in 2022, increasing by 33% against the previous year. Overall, consumption showed a resilient expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Western Africa

In value terms, production of wood pulp, excluding mechanical wood pulp skyrocketed to $X in 2022 estimated in export price. Overall, production saw a prominent expansion. The growth pace was the most rapid in 2020 when the production volume increased by 319% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports in Western Africa

In 2022, the amount of wood pulp, excluding mechanical wood pulp exported in Western Africa contracted rapidly to X kg, with a decrease of -99.7% against the previous year. Overall, exports showed a sharp slump. The pace of growth appeared the most rapid in 2019 with an increase of 3,582,471% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of wood pulp, excluding mechanical wood pulp dropped sharply to $X in 2022. In general, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 252,492%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ghana represented the major exporter of wood pulp, excluding mechanical wood pulp in Western Africa, with the volume of exports resulting at X kg, which was approx. 77% of total exports in 2022. It was distantly followed by Mali (X kg), committing a 23% share of total exports.

Exports from Ghana decreased at an average annual rate of -44.3% from 2012 to 2022. At the same time, Mali (+21.0%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +21.0% from 2012-2022. While the share of Ghana (+74 p.p.) and Mali (+23 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) emerged as the largest wood pulp, excluding mechanical wood pulp supplier in Western Africa, comprising 71% of total exports. The second position in the ranking was taken by Mali ($X), with a 29% share of total exports.

In Ghana, exports of wood pulp, excluding mechanical wood pulp shrank by an average annual rate of -38.8% over the period from 2012-2022.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with an increase of 79% against the previous year. Overall, the export price showed a prominent increase. The pace of growth appeared the most rapid in 2018 an increase of 353% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mali ($X per ton), while Ghana totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+9.9%).

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports in Western Africa

For the seventh consecutive year, Western Africa recorded growth in purchases abroad of wood pulp, excluding mechanical wood pulp, which increased by 19% to X tons in 2022. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of wood pulp, excluding mechanical wood pulp soared to $X in 2022. Overall, imports recorded resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 72%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Nigeria was the largest importer of wood pulp, excluding mechanical wood pulp in Western Africa, with the volume of imports accounting for X tons, which was approx. 64% of total imports in 2022. Ghana (X tons) held the second position in the ranking, distantly followed by Cote d'Ivoire (X tons) and Senegal (X tons). All these countries together held approx. 35% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood pulp, excluding mechanical wood pulp imports into Nigeria stood at +15.8%. At the same time, Senegal (+27.3%), Ghana (+27.0%) and Cote d'Ivoire (+17.3%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +27.3% from 2012-2022. While the share of Ghana (+11 p.p.) and Senegal (+3.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nigeria (-14.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported wood pulp, excluding mechanical wood pulp in Western Africa, comprising 74% of total imports. The second position in the ranking was held by Ghana ($X), with a 15% share of total imports. It was followed by Cote d'Ivoire, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria totaled +17.2%. In the other countries, the average annual rates were as follows: Ghana (+27.1% per year) and Cote d'Ivoire (+18.4% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, with an increase of 16% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 38%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+1.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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