ECOWAS: Newspaper Market 2024

Newspaper Market Size in ECOWAS

The ECOWAS newspaper market rose notably to $X in 2022, growing by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Newspaper Production in ECOWAS

In value terms, newspaper production reached $X in 2022 estimated in export price. In general, production, however, recorded a abrupt descent. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Newspaper Exports

Exports in ECOWAS

In 2022, approx. X units of newspapers, journals and periodicals were exported in ECOWAS; picking up by X% against the previous year. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, newspaper exports surged to $X in 2022. Overall, exports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Togo represented the key exporting country with an export of around X units, which finished at X% of total exports. Ghana (X units) ranks second in terms of the total exports with a X% share, followed by Senegal (X%) and Gambia (X%).

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Togo ($X) remains the largest newspaper supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with an X% share of total exports. It was followed by Ghana, with a X% share.

In Togo, newspaper exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (X% per year) and Ghana (X% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price showed strong growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

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

Newspaper Imports

Imports in ECOWAS

In 2022, after four years of growth, there was significant decline in purchases abroad of newspapers, journals and periodicals, when their volume decreased by X% to X units. Over the period under review, imports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, newspaper imports fell modestly to $X in 2022. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2018 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Senegal (X units) was the major importer of newspapers, journals and periodicals, constituting X% of total imports. Niger (X units) ranks second in terms of the total imports with a X% share, followed by Ghana (X%) and Gambia (X%). Cote d'Ivoire (X units) followed a long way behind the leaders.

Senegal was also the fastest-growing in terms of the newspapers, journals and periodicals imports, with a CAGR of X% from 2012 to 2022. At the same time, Niger (X%) and Gambia (X%) displayed positive paces of growth. By contrast, Ghana (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Senegal, Niger and Gambia increased by X, X and X percentage points, respectively.

In value terms, Senegal ($X), Cote d'Ivoire ($X) and Ghana ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Gambia and Niger lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Gambia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in ECOWAS stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per unit), while Senegal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :