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Ghana - Cartons, Boxes And Cases Of Corrugated Paper Or Paperboard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCorrugated Paper Box Price in Ghana - 2023
Contents:
- Corrugated Paper Box Price in Ghana (CIF) - 2023
- Corrugated Paper Box Price in Ghana (FOB) - 2023
- Corrugated Paper Box Imports in Ghana
- Corrugated Paper Box Exports in Ghana
Corrugated Paper Box Price in Ghana (CIF) - 2023
In December 2023, the average corrugated paper box import price amounted to $1,325 per ton, leveling off at the previous month. Overall, the import price showed a noticeable setback. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 27% m-o-m. The import price peaked at $1,828 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($2,264 per ton), while the price for China ($954 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (-0.5%), while the prices for the other major suppliers experienced a decline.
Corrugated Paper Box Price in Ghana (FOB) - 2023
In December 2023, the average corrugated paper box export price amounted to $1,118 per ton, shrinking by -12.2% against the previous month. In general, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in February 2023 an increase of 18% m-o-m. The export price peaked at $2,971 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Sierra Leone ($1,405 per ton), while the average price for exports to Burkina Faso ($727 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+26.7%), while the prices for the other major destinations experienced a decline.
Corrugated Paper Box Imports in Ghana
In 2022, approx. 12K tons of cartons, boxes and cases of corrugated paper or paperboard were imported into Ghana; picking up by 14% against 2021 figures. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, corrugated paper box imports shrank slightly to $13M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 70%.
Import of Corrugated Paper Box in Ghana (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.3 | 5.2 | 6.0 | 5.5 | 18.6% |
Morocco | 2.1 | 2.8 | 2.3 | 4.1 | 25.0% |
South Africa | N/A | 0.3 | 0.5 | 0.8 | 63.3% |
Spain | N/A | 0.6 | 0.7 | 0.7 | 8.0% |
France | N/A | 1.4 | 2.4 | 0.5 | -40.2% |
Cote d'Ivoire | 0.3 | 0.1 | 0.2 | 0.4 | 10.1% |
Egypt | 0.3 | 0.3 | 0.3 | 0.1 | -30.7% |
Belgium | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Others | 0.5 | 0.6 | 1.1 | 1.0 | 26.0% |
Total | 6.7 | 11.3 | 13.5 | 13.1 | 25.0% |
Top Suppliers of Corrugated Paper Box to Ghana in 2022:
- Morocco (5.5K tons)
- India (3.1K tons)
- Spain (0.8K tons)
- South Africa (0.7K tons)
- France (0.7K tons)
- Cote d'Ivoire (0.3K tons)
- Egypt (0.2K tons)
- Belgium (0.2K tons)
Corrugated Paper Box Exports in Ghana
In 2022, approx. 4.7K tons of cartons, boxes and cases of corrugated paper or paperboard were exported from Ghana; increasing by 19% compared with the previous year. Overall, exports, however, continue to indicate a abrupt decline.
In value terms, corrugated paper box exports skyrocketed to $5.9M in 2022. Over the period under review, exports, however, recorded a noticeable downturn.
Export of Corrugated Paper Box in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mali | 1,932 | 1,409 | 593 | 2,034 | 1.7% |
Burkina Faso | 1,453 | 907 | 411 | 1,686 | 5.1% |
Togo | 2,025 | 980 | 3,060 | 1,442 | -10.7% |
Sierra Leone | 64.1 | 71.5 | 36.9 | 262 | 59.9% |
Benin | 435 | 184 | 40.7 | 191 | -24.0% |
Guinea-Bissau | 195 | 135 | 56.1 | 143 | -9.8% |
Niger | 299 | 119 | 35.6 | 63.7 | -40.3% |
Others | 49.4 | 24.3 | 11.3 | 100 | 26.5% |
Total | 6,453 | 3,829 | 4,244 | 5,922 | -2.8% |
Top Export Markets for Corrugated Paper Box from Ghana in 2022:
- Mali (1682.6 tons)
- Togo (1105.6 tons)
- Burkina Faso (1022.5 tons)
- Sierra Leone (334.7 tons)
- Guinea-Bissau (132.5 tons)
- Benin (129.2 tons)
- Niger (122.4 tons)
This report provides an in-depth analysis of the corrugated paper box market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 17211300 - Cartons, boxes and cases, of corrugated paper or paperboard
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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