Western Africa: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports in Western Africa

In 2022, approx. X tons of plastic plates, sheets, film, foil and strip were exported in Western Africa; surging by X% compared with the previous year. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2022. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Nigeria (X tons) and Cote d'Ivoire (X tons) were the major exporters of plastic plates, sheets, film, foil and strip in 2022, amounting to near X% and X% of total exports, respectively. It was distantly followed by Togo (X tons), mixing up a X% share of total exports. Senegal (X tons) followed a long way behind the leaders.

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

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Togo ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Nigeria, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports in Western Africa

Imports of plastic plates, sheets, film, foil and strip shrank markedly to X tons in 2022, reducing by X% on 2021 figures. In general, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of plastic plates, sheets, film, foil and strip fell to $X in 2022. Total imports indicated a notable 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Nigeria was the key importer of plastic plates, sheets, film, foil and strip in Western Africa, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Ghana (X tons) held the second position in the ranking, distantly followed by Senegal (X tons), Cote d'Ivoire (X tons) and Niger (X tons). All these countries together took near X% share of total imports. The following importers - Guinea (X tons) and Togo (X tons) - together made up X% of total imports.

From 2012 to 2022, 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, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Senegal, Guinea, Togo and Niger lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Niger, with a CAGR of X%, saw 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

In 2022, the import price in Western Africa amounted to $X per ton, with an increase of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :