ECOWAS: Market for Uncoated Wood Free Printing and Writing Papers 2024

Exports of Uncoated Wood Free Printing and Writing Papers

Exports in ECOWAS

In 2022, approx. X tons of uncoated wood free printing and writing papers were exported in ECOWAS; rising by X% against the previous year. The total export volume 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 throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of uncoated wood free printing and writing papers soared to $X in 2022. Overall, exports, however, saw a perceptible decrease. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Nigeria (X tons), Mali (X tons), Burkina Faso (X tons), Togo (X tons) and Ghana (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Senegal (X tons), comprising a X% share of total exports. Sierra Leone (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Mali (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Togo ($X) and Burkina Faso ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, Burkina Faso, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2015 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 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Senegal ($X per ton), while Mali ($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 mixed trends in the export price figures.

Imports of Uncoated Wood Free Printing and Writing Papers

Imports in ECOWAS

In 2022, after five years of growth, there was significant decline in purchases abroad of uncoated wood free printing and writing papers, when their volume decreased by X% to X tons. Total imports indicated a temperate expansion 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 pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, imports of uncoated wood free printing and writing papers expanded notably to $X in 2022. Total imports indicated strong 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. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Nigeria was the key importer of uncoated wood free printing and writing papers in ECOWAS, with the volume of imports recording X tons, which was near X% of total imports in 2022. Ghana (X tons) held the second position in the ranking, followed by Cote d'Ivoire (X tons). All these countries together held approx. X% share of total imports. The following importers - Benin (X tons), Burkina Faso (X tons) and Guinea (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to uncoated wood free printing and writing paper imports into Nigeria stood at X%. At the same time, Guinea (X%), Cote d'Ivoire (X%), Ghana (X%), Burkina Faso (X%) and Benin (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. Ghana (X p.p.) and Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total imports, while Nigeria saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported uncoated wood free printing and writing papers in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Ghana ($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 totaled 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, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Burkina Faso ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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