Report Update: May 1, 2024

Ghana - Labels Of Paper Or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Paper Label Price in Ghana - 2022

Paper Label Price in Ghana (CIF) - 2022

In 2022, the average paper label import price amounted to $6,260 per ton, jumping by 23% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure at $8,294 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($23,767 per ton), while the price for India ($2,634 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Paper Label Price in Ghana (FOB) - 2022

The average paper label export price stood at $8,912 per ton in 2022, growing by 13% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Togo ($10,493 per ton), while the average price for exports to Mozambique ($185 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Label Imports in Ghana

In 2022, approx. 1.3K tons of labels of paper or paperboard were imported into Ghana; shrinking by -4.1% on the previous year's figure. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, imports reached the peak of 1.3K tons, and then fell modestly in the following year.

In value terms, paper label imports surged to $8M in 2022. In general, imports saw a mild reduction.

Import of Paper Label in Ghana (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	660	857	1,505	1,385	28.0%
China	891	484	1,398	1,099	7.2%
United Kingdom	1,001	1,048	920	1,002	0.0%
Cote d'Ivoire	140	181	376	975	91.0%
South Korea	134	204	335	343	36.8%
Italy	745	445	175	261	-29.5%
Germany	820	478	246	204	-37.1%
Netherlands	69.5	109	101	190	39.8%
Others	3,811	2,158	1,710	2,548	-12.6%
Total	8,270	5,965	6,766	8,006	-1.1%

Top Suppliers of Paper Label to Ghana in 2022:

India (525.7 tons)
China (242.6 tons)
Cote d'Ivoire (117.9 tons)
United Kingdom (83.4 tons)
South Korea (41.6 tons)
Germany (28.0 tons)
Netherlands (22.9 tons)
Italy (11.0 tons)

Paper Label Exports in Ghana

Paper label exports from Ghana rose to 488 tons in 2022, with an increase of 3.9% on the previous year's figure. The total export volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when exports increased by 24%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, paper label exports soared to $4.3M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Paper Label in Ghana (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Togo	2.0	1.8	2.3	2.3	4.8%
Burkina Faso	0.4	0.9	0.5	1.3	48.1%
Benin	0.3	0.6	0.8	0.7	32.6%
Mozambique	N/A	N/A	N/A	N/A	0%
Others	N/A	N/A	0.1	N/A	0%
Total	2.7	3.3	3.7	4.3	16.8%

Top Export Markets for Paper Label from Ghana in 2022:

Togo (218.9 tons)
Burkina Faso (177.1 tons)
Benin (78.1 tons)
Mozambique (9.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paper label market in Ghana. 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 17291120 - Self-adhesive printed labels of paper or paperboard
Prodcom 17291140 - Printed labels of paper or paperboard (excluding selfadhesive)
Prodcom 17291160 - Self-adhesive labels of paper or paperboard (excluding printed)
Prodcom 17291180 - Labels of paper or paperboard (excluding printed, selfadhesive)

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023