ECOWAS: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in ECOWAS

The ECOWAS plastic self-adhesive plate market stood at $X in 2022, picking up by X% against the previous year. In general, consumption saw a buoyant expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Plastic Self-Adhesive Plate Production in ECOWAS

In value terms, plastic self-adhesive plate production shrank modestly to $X in 2022 estimated in export price. The total production indicated a tangible increase 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 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Plastic Self-Adhesive Plate Exports

Exports in ECOWAS

In 2022, after two years of decline, there was significant growth in shipments abroad of plastic self-adhesive plates, sheets and other flat shapes, when their volume increased by X% to X tons. Overall, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic self-adhesive plate exports skyrocketed to $X in 2022. In general, exports saw a tangible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Cote d'Ivoire (X tons) and Senegal (X tons) were the key exporters of plastic self-adhesive plates, sheets and other flat shapes in 2022, accounting for near X% and X% of total exports, respectively. It was distantly followed by Togo (X tons), creating a X% share of total exports. The following exporters - Ghana (X tons), Niger (X tons), Nigeria (X tons) and Guinea (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Guinea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X) remains the largest plastic self-adhesive plate supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with a X% share of total exports. It was followed by Togo, with a X% share.

In Senegal, plastic self-adhesive plate 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: Nigeria (X% per year) and Togo (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Niger ($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 (X%), while the other leaders experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports in ECOWAS

In 2022, approx. X tons of plastic self-adhesive plates, sheets and other flat shapes were imported in ECOWAS; surging by X% compared with 2021 figures. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, plastic self-adhesive plate imports rose notably to $X in 2022. Overall, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Nigeria (X tons) was the largest importer of plastic self-adhesive plates, sheets and other flat shapes, comprising X% of total imports. Ghana (X tons) took the second position in the ranking, followed by Cote d'Ivoire (X tons). All these countries together held near X% share of total imports. Senegal (X tons), Burkina Faso (X tons) and Guinea (X tons) followed a long way behind the leaders.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Ghana (X%), Senegal (X%), Burkina Faso (X%), Cote d'Ivoire (X%) and Guinea (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. While the share of Nigeria (X p.p.) and Ghana (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported plastic self-adhesive plates, sheets and other flat shapes in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

In Nigeria, plastic self-adhesive plate imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guinea (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :