Ghana: Market for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) 2024

Market Size for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Ghana

After six years of growth, the Ghanian market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s decreased by X% to $X in 2023. Over the period under review, consumption, however, recorded a prominent increase. Over the period under review, the market attained the maximum level at $X in 2022, and then contracted rapidly in the following year.

Exports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Exports from Ghana

In 2023, the amount of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s exported from Ghana soared to X tons, with an increase of X% on the previous year's figure. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s contracted markedly to $X in 2023. Over the period under review, exports, however, continue to indicate a dramatic contraction. The exports peaked at $X in 2022, and then contracted significantly in the following year.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s from Ghana, with a X% share of total exports. Moreover, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to Cote d'Ivoire exceeded the volume sent to the second major destination, Togo (X kg), more than tenfold.

From 2022 to 2023, the average annual rate of growth in terms of volume to Cote d'Ivoire was relatively modest.

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s exports from Ghana, comprising X% of total exports. The second position in the ranking was held by Togo ($X), with a X% share of total exports.

From 2022 to 2023, the average annual growth rate of value to Cote d'Ivoire was relatively modest.

Export Prices by Country

In 2023, the average export price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a significant decline. The export price peaked at $X per ton in 2022, and then plummeted in the following year.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Togo ($X per ton), while the average price for exports to Cote d'Ivoire totaled $X per ton.

From 2022 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Imports into Ghana

In 2023, supplies from abroad of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2022, and then shrank significantly in the following year.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s dropped dramatically to $X in 2023. In general, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Imports peaked at $X in 2022, and then contracted sharply in the following year.

Imports by Country

Finland (X tons), India (X tons) and Canada (X tons) were the main suppliers of imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to Ghana, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Finland ($X) and Sweden ($X) appeared to be the largest bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) suppliers to Ghana, with a combined X% share of total imports. Egypt, Canada, China, the United Arab Emirates, France and Lebanon lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the import price recorded a mild slump. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2022, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform