Western Africa: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Western Africa

The West African paper pulp moulded articles market totaled $X in 2022, picking up by X% against the previous year. Over the period under review, consumption saw resilient growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Moulded Or Pressed Articles Of Paper Pulp in Western Africa

In value terms, paper pulp moulded articles production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a resilient increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports in Western Africa

In 2022, overseas shipments of moulded or pressed articles of paper pulp decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, recorded a mild expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper pulp moulded articles exports dropped to $X in 2022. Over the period under review, exports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. The following exporters - Nigeria (X tons) and Mali (X tons) - each accounted for a X% share of total exports.

Cote d'Ivoire experienced a relatively flat trend pattern with regard to volume of exports of moulded or pressed articles of paper pulp. At the same time, Nigeria (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Mali (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest paper pulp moulded articles supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Cote d'Ivoire totaled X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Mali (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mali (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports in Western Africa

Paper pulp moulded articles imports fell to X tons in 2022, waning by X% against 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, paper pulp moulded articles imports shrank to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Cote d'Ivoire represented the main importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Ghana (X tons), Senegal (X tons) and Nigeria (X tons), together achieving a X% share of total imports. The following importers - Burkina Faso (X tons) and Mauritania (X tons) - each resulted at a X% share of total imports.

Imports into Cote d'Ivoire decreased at an average annual rate of X% from 2012 to 2022. At the same time, Nigeria (X%), Burkina Faso (X%), Mauritania (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria and Senegal increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest paper pulp moulded articles importing markets in Western Africa were Cote d'Ivoire ($X), Ghana ($X) and Senegal ($X), with a combined X% share of total imports. Nigeria, Burkina Faso and Mauritania lagged somewhat behind, together accounting for a further X%.

Nigeria, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

The import price in Western Africa stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate a slight expansion. The pace of growth was the most pronounced in 2015 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform

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