Western Africa: Market for Printing and Writing Paper 2024

Market Size for Printing and Writing Paper in Western Africa

In 2022, the West African printing and writing paper market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated a perceptible 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, consumption increased by X% against 2016 indices. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Production of Printing and Writing Paper in Western Africa

In value terms, printing and writing paper production declined notably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Exports of Printing and Writing Paper

Exports in Western Africa

In 2022, the amount of printing and writing paper exported in Western Africa soared to X tons, rising by X% compared with 2021. Over the period under review, exports recorded a noticeable expansion. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, printing and writing paper exports soared to $X in 2022. Overall, exports, however, showed a slight reduction. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire was the key exporting country with an export of about X tons, which amounted to X% of total exports. Senegal (X tons) ranks second in terms of the total exports with an X% share, followed by Ghana (X%), Nigeria (X%), Sierra Leone (X%) and Togo (X%). Mauritania (X tons) took a minor share of total exports.

Exports from Cote d'Ivoire increased at an average annual rate of X% from 2012 to 2022. At the same time, Nigeria (X%), Togo (X%) and Mauritania (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, Sierra Leone (X%), Senegal (X%) and Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Cote d'Ivoire, Nigeria, Togo and Mauritania increased by X, X, X and X percentage points, respectively.

In value terms, the largest printing and writing paper supplying countries in Western Africa were Nigeria ($X), Senegal ($X) and Sierra Leone ($X), 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

The export price in Western Africa stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

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

Imports of Printing and Writing Paper

Imports in Western Africa

In 2022, overseas purchases of printing and writing paper decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted rapidly in the following year.

In value terms, printing and writing paper imports stood at $X in 2022. Total imports indicated a notable expansion 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 increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Nigeria represented the major importer of printing and writing paper in Western Africa, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Ghana (X tons) ranks second in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%). The following importers - Senegal (X tons), Burkina Faso (X tons) and Benin (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to printing and writing paper imports into Nigeria stood at X%. At the same time, Cote d'Ivoire (X%), Ghana (X%), Burkina Faso (X%) and Benin (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Senegal experienced a relatively flat trend pattern. Ghana (X p.p.) and Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total imports, while Nigeria 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, Nigeria ($X) constitutes the largest market for imported printing and writing paper in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

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

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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