Western Africa: Non-Corrugated Paper Box Market 2024

Non-Corrugated Paper Box Market Size in Western Africa

The West African non-corrugated paper box market contracted slightly to $X in 2022, dropping by X% against the previous year. The market value 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 in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Non-Corrugated Paper Box Production in Western Africa

In value terms, non-corrugated paper box production dropped modestly to $X in 2022 estimated in export price. The total output value 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 in certain years. The growth pace was the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Non-Corrugated Paper Box Exports

Exports in Western Africa

In 2022, the amount of folding cartons, boxes and cases of non-corrugated paper or paperboard exported in Western Africa shrank dramatically to X tons, waning by X% compared with the year before. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-corrugated paper box exports declined notably to $X in 2022. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire was the main exporting country with an export of around X tons, which amounted to X% of total exports. Senegal (X tons) ranks second in terms of the total exports with a X% share, followed by Nigeria (X%). The following exporters - Mali (X tons), Mauritania (X tons), Benin (X tons) and Ghana (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-corrugated paper box exports from Cote d'Ivoire stood at X%. At the same time, Mauritania (X%), Mali (X%), Ghana (X%) and Benin (X%) displayed positive paces of growth. Moreover, Mauritania emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Senegal (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (X p.p.), Nigeria (X p.p.), Mali (X p.p.), Mauritania (X p.p.) and Benin (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Senegal (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest non-corrugated paper box supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with an X% share of total exports. It was followed by Senegal, with a X% share.

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

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2018; however, from 2019 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 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 Senegal (X%), while the other leaders experienced a decline in the export price figures.

Non-Corrugated Paper Box Imports

Imports in Western Africa

In 2022, after five years of growth, there was significant decline in purchases abroad of folding cartons, boxes and cases of non-corrugated paper or paperboard, when their volume decreased by X% to X tons. Total imports indicated buoyant growth from 2012 to 2022: its volume 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. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then reduced in the following year.

In value terms, non-corrugated paper box imports shrank rapidly to $X in 2022. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then declined dramatically in the following year.

Imports by Country

Ghana represented the major importer of folding cartons, boxes and cases of non-corrugated paper or paperboard in Western Africa, with the volume of imports recording X tons, which was near X% of total imports in 2022. Mauritania (X tons) took the second position in the ranking, followed by Cote d'Ivoire (X tons), Senegal (X tons), Nigeria (X tons), Guinea (X tons), Burkina Faso (X tons) and Mali (X tons). All these countries together held near X% share of total imports.

Imports into Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Nigeria (X%), Mauritania (X%), Cote d'Ivoire (X%), Senegal (X%) and Mali (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. Guinea experienced a relatively flat trend pattern. By contrast, Burkina Faso (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ghana, Nigeria, Mauritania and Cote d'Ivoire increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported folding cartons, boxes and cases of non-corrugated paper or paperboard in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Nigeria, with an X% share.

In Ghana, non-corrugated paper box imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (X% per year) and Nigeria (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Mali ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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