Ghana: Market for Uncoated Wood Free Printing and Writing Papers 2023

Market Size for Uncoated Wood Free Printing and Writing Papers in Ghana

In 2021, the Ghanian market for uncoated wood free printing and writing papers was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Uncoated Wood Free Printing and Writing Papers

Exports from Ghana

In 2021, the amount of uncoated wood free printing and writing papers exported from Ghana skyrocketed to X tons, increasing by 54% on 2020 figures. Over the period under review, exports, however, recorded a precipitous slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of uncoated wood free printing and writing papers soared to $X in 2021. Overall, exports, however, continue to indicate a sharp shrinkage. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X tons) was the main destination for exports of uncoated wood free printing and writing papers from Ghana, accounting for a 42% share of total exports. Moreover, exports of uncoated wood free printing and writing papers to Burkina Faso exceeded the volume sent to the second major destination, Togo (X tons), twofold. Cote d'Ivoire (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Burkina Faso was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (-48.6% per year) and Cote d'Ivoire (-24.5% per year).

In value terms, the largest markets for uncoated wood free printing and writing paper exported from Ghana were Senegal ($X), Cote d'Ivoire ($X) and Togo ($X), with a combined 75% share of total exports.

Senegal, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for uncoated wood free printing and writing papers stood at $X per ton in 2021, surging by 61% against the previous year. Overall, the export price, however, showed a noticeable setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Senegal ($X per ton), while the average price for exports to Sierra Leone ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Uncoated Wood Free Printing and Writing Papers

Imports into Ghana

In 2021, the amount of uncoated wood free printing and writing papers imported into Ghana soared to X tons, jumping by 77% on the previous year. In general, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -0.0% against 2019 indices. Imports peaked at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, imports of uncoated wood free printing and writing papers surged to $X in 2021. Overall, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest uncoated wood free printing and writing paper supplier to Ghana, accounting for a 38% share of total imports. Moreover, imports of uncoated wood free printing and writing papers from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fourfold. India (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +78.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-0.3% per year) and India (-8.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of uncoated wood free printing and writing papers to Ghana, comprising 50% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 6.7% share of total imports. It was followed by India, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +73.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-2.6% per year) and India (-13.2% per year).

Import Prices by Country

The average import price for uncoated wood free printing and writing papers stood at $X per ton in 2021, picking up by 1.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 16%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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