Africa: Corrugated Paper Market 2024

Corrugated Paper Market Size in Africa

The African corrugated paper market totaled $X in 2022, approximately equating the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Corrugated Paper Production in Africa

In value terms, corrugated paper production stood at $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

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Corrugated Paper Exports

Exports in Africa

In 2022, overseas shipments of corrugated paper and paperboard increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, corrugated paper exports soared to $X in 2022. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Morocco represented the key exporting country with an export of around X tons, which reached X% of total exports. Zimbabwe (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%) and Tunisia (X%). Cote d'Ivoire (X tons) and Algeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to corrugated paper exports from Morocco stood at X%. At the same time, Zimbabwe (X%), Tunisia (X%), Algeria (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Cote d'Ivoire (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco, Zimbabwe, Tunisia and Algeria increased by X, X, X and X percentage points, respectively.

In value terms, Morocco ($X) remains the largest corrugated paper supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with an X% share of total exports. It was followed by South Africa, with a X% share.

In Morocco, corrugated paper exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Corrugated Paper Imports

Imports in Africa

In 2022, imports of corrugated paper and paperboard in Africa reduced markedly to X tons, shrinking by X% compared with 2021. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then contracted notably in the following year.

In value terms, corrugated paper imports dropped to $X in 2022. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Mauritania (X tons) and Morocco (X tons) represented the main importers of corrugated paper and paperboard in Africa, together resulting at approx. X% of total imports. It was distantly followed by Algeria (X tons), Mozambique (X tons) and Namibia (X tons), together making up a X% share of total imports. The following importers - Malawi (X tons), Burkina Faso (X tons), Mali (X tons), Tunisia (X tons) and Libya (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Mauritania ($X) and Algeria ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue 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 Algeria ($X per ton), while Namibia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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