ECOWAS: Self-Adhesive Paper Market 2024

Self-Adhesive Paper Market Size in ECOWAS

The ECOWAS self-adhesive paper market expanded notably to $X in 2022, increasing by X% against the previous year. In general, consumption recorded a remarkable increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Self-Adhesive Paper Production in ECOWAS

In value terms, self-adhesive paper production expanded notably to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Self-Adhesive Paper Exports

Exports in ECOWAS

In 2022, self-adhesive paper exports in ECOWAS dropped markedly to X tons, shrinking by X% compared with the previous year. In general, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, self-adhesive paper exports fell sharply to $X in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Nigeria was the key exporter of self-adhesive paper and paperboard in ECOWAS, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Togo (X kg), making up a X% share of total exports. Cote d'Ivoire (X kg) and Senegal (X kg) followed a long way behind the leaders.

Exports from Nigeria decreased at an average annual rate of X% from 2012 to 2022. At the same time, Togo (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Senegal (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) and Togo (X p.p.) significantly strengthened its position in terms of the total exports, while Senegal and Cote d'Ivoire saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Cote d'Ivoire ($X) remains the largest self-adhesive paper supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with a 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 totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Nigeria (X% per year) and Senegal (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 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 Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Self-Adhesive Paper Imports

Imports in ECOWAS

For the eighth year in a row, ECOWAS recorded growth in supplies from abroad of self-adhesive paper and paperboard, which increased by X% to X tons in 2022. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, self-adhesive paper imports totaled $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Nigeria was the key importing country with an import of around X tons, which accounted for X% of total imports. Cote d'Ivoire (X tons) held the second position in the ranking, followed by Ghana (X tons) and Senegal (X tons). All these countries together held approx. X% share of total imports. Benin (X tons) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the self-adhesive paper and paperboard imports, with a CAGR of X% from 2012 to 2022. At the same time, Ghana (X%), Benin (X%), Cote d'Ivoire (X%) and Senegal (X%) displayed positive paces of growth. Nigeria (X p.p.) significantly strengthened its position in terms of the total imports, while Senegal and Cote d'Ivoire saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported self-adhesive paper and paperboard in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with an 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 stood at 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 ECOWAS stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Ghana ($X per ton), while Benin ($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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