ECOWAS: Market for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Rolls 2024

Market Size for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Rolls in ECOWAS

The ECOWAS market for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls shrank remarkably to $X in 2022, falling by X% against the previous year. The total consumption indicated measured growth 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. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.

Production of Graphic Paper with Mechanical Fibre Content Under X% and of Weight X-150 g/m2 in Rolls in ECOWAS

In value terms, production of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Rolls

Exports in ECOWAS

Exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls skyrocketed to X tons in 2022, rising by X% compared with the previous year's figure. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. 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 graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls skyrocketed to $X in 2022. In general, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

Senegal represented the main exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Sierra Leone (X tons), constituting a X% share of total exports. The following exporters - Nigeria (X tons) and Cote d'Ivoire (X tons) - together made up X% of total exports.

Senegal was also the fastest-growing in terms of the graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls exports, with a CAGR of X% from 2012 to 2022. At the same time, Sierra Leone (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. By contrast, Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Senegal, Nigeria and Sierra Leone increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) emerged as the largest graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Sierra Leone ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

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

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, falling by X% against the previous year. In general, the export price showed a perceptible decrease. The pace of growth was the most pronounced in 2019 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 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Imports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Rolls

Imports in ECOWAS

In 2022, approx. X tons of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls were imported in ECOWAS; with a decrease of X% against 2021 figures. Overall, imports, however, saw a moderate increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021, and then contracted dramatically in the following year.

In value terms, imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls dropped notably to $X in 2022. In general, imports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, Nigeria (X tons), Cote d'Ivoire (X tons) and Ghana (X tons) represented the major importer of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls in ECOWAS, mixing up X% of total import. Senegal (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Nigeria ($X) constitutes the largest market for imported graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in rolls in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Ghana, with a X% share.

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

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, growing 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 2020 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Ghana ($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 more modest paces of growth.

Source: IndexBox Platform

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