Western Africa: Self-Adhesive Paper Market 2024

Self-Adhesive Paper Market Size in Western Africa

The West African self-adhesive paper market expanded markedly to $X in 2022, with an increase of X% against the previous year. Overall, consumption posted a prominent increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Self-Adhesive Paper Production in Western Africa

In value terms, self-adhesive paper production expanded remarkably to $X in 2022 estimated in export price. Overall, production enjoyed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Self-Adhesive Paper Exports

Exports in Western Africa

In 2022, approx. X tons of self-adhesive paper and paperboard were exported in Western Africa; reducing by X% on 2021 figures. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked 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 showed a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Nigeria was the major exporter of self-adhesive paper and paperboard in Western Africa, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Togo (X kg), achieving 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 Western Africa, 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. While the share of Nigeria (X p.p.) and Togo (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Senegal (X p.p.) and Cote d'Ivoire (X p.p.) displayed negative dynamics.

In value terms, Cote d'Ivoire ($X) remains the largest self-adhesive paper supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($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 stood at 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

In 2022, the export price in Western Africa amounted to $X per ton, increasing by X% against the previous year. Overall, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked 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 Western Africa

For the eighth consecutive year, Western Africa recorded growth in purchases abroad of self-adhesive paper and paperboard, which increased by X% to X tons in 2022. In general, imports continue to indicate a buoyant expansion. 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 likely to see steady growth in the immediate term.

In value terms, self-adhesive paper imports totaled $X in 2022. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Nigeria was the key importing country with an import of around X tons, which amounted to X% of total imports. Cote d'Ivoire (X tons) ranks second in terms of the total imports with an X% share, followed by Ghana (X%) and Senegal (X%). Benin (X tons) took a minor share of total imports.

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.) and Ghana (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 ($X) constitutes the largest market for imported self-adhesive paper and paperboard in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($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 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

In 2022, the import price in Western Africa amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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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