Western Africa: Uncoated Kraft Liner Market 2024

Uncoated Kraft Liner Market Size in Western Africa

The West African uncoated kraft liner market shrank markedly to $X in 2023, declining by X% against the previous year. Overall, consumption showed a slight downturn. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2023, consumption failed to regain momentum.

Uncoated Kraft Liner Production in Western Africa

In value terms, uncoated kraft liner production declined slightly 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 growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Uncoated Kraft Liner Exports

Exports in Western Africa

In 2023, overseas shipments of uncoated kraft liner increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, uncoated kraft liner exports expanded remarkably to $X in 2023. Over the period under review, exports saw a noticeable increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Senegal dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2023. Cote d'Ivoire (X tons) followed a long way behind the leaders.

Senegal was also the fastest-growing in terms of the uncoated kraft liner exports, with a CAGR of X% from 2012 to 2023. Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Cote d'Ivoire (X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) remains the largest uncoated kraft liner supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Senegal totaled X%.

Export Prices by Country

In 2023, the export price in Western Africa amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a slight reduction. The pace of growth was the most pronounced in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat 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 Senegal totaled $X per ton.

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

Uncoated Kraft Liner Imports

Imports in Western Africa

In 2023, approx. X tons of uncoated kraft liner were imported in Western Africa; falling by X% against the previous year. Over the period under review, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, uncoated kraft liner imports contracted notably to $X in 2023. In general, imports showed a pronounced setback. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of uncoated kraft liner, namely Cote d'Ivoire, Nigeria and Ghana, represented more than two-thirds of total import. It was distantly followed by Senegal (X tons), committing an X% share of total imports. Togo (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Togo (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest uncoated kraft liner importing markets in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Ghana ($X), with a combined X% share of total imports. Senegal and Togo lagged somewhat behind, together accounting for a further X%.

Togo, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2023, dropping by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Cote d'Ivoire ($X per ton) and Ghana ($X per ton), while Senegal ($X per ton) and Togo ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform