Western Africa: 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 Western Africa

The West African market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s reached $X in 2023, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Western Africa

In value terms, production of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s declined to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

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

Exports in Western Africa

In 2023, shipments 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 2019, thus ending a three-year rising trend. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2022, and then contracted slightly in the following year.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s declined to $X in 2023. Over the period under review, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

Cote d'Ivoire prevails in hardened)s structure, accounting for X tons, which was near X% of total exports in 2023. Ghana (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) exports from Cote d'Ivoire stood at X%. At the same time, Ghana (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2023. Ghana (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports.

In Cote d'Ivoire, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Western Africa amounted to $X per ton, reducing by X% against the previous year. In general, the export price recorded a slight slump. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Ghana amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%).

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

Imports in Western Africa

In 2023, approx. X tons of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s were imported in Western Africa; which is down by X% compared with 2022 figures. Overall, imports, however, posted a moderate expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s declined dramatically to $X in 2023. Over the period under review, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

Cote d'Ivoire (X tons) and Nigeria (X tons) represented roughly X% of total imports in 2023. Ghana (X tons) took the next position in the ranking, followed by Senegal (X tons) and Niger (X tons). All these countries together took near X% share of total imports. Burkina Faso (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Niger (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) importing markets in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Senegal ($X), with a combined X% share of total imports. Ghana, Burkina Faso and Niger lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2023, reducing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2023, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Burkina Faso ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2023, 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.

Source: IndexBox Platform