ECOWAS - Combined Reel Slitting and Re-Reeling Cutting Machines for Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Reel Cutting Slitter Market 2024
Reel Cutting Slitter Market Size in ECOWAS
The ECOWAS reel cutting slitter market declined to $X in 2023, shrinking by X% against the previous year. In general, consumption, however, continues to indicate a strong expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.
Reel Cutting Slitter Production in ECOWAS
In value terms, reel cutting slitter production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.
Reel Cutting Slitter Exports
Exports in ECOWAS
In 2023, the amount of combined reel slitting and re-reeling cutting machines for paper and paperboard exported in ECOWAS surged to X units, picking up by X% on 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are likely to see steady growth in years to come.
In value terms, reel cutting slitter exports skyrocketed to $X in 2023. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.
Exports by Country
In 2023, Nigeria (X units) represented the main exporter of combined reel slitting and re-reeling cutting machines for paper and paperboard, achieving X% of total exports. It was distantly followed by Ghana (X units), constituting a X% share of total exports. Cote d'Ivoire (X units) held a little share of total exports.
Nigeria was also the fastest-growing in terms of the combined reel slitting and re-reeling cutting machines for paper and paperboard exports, with a CAGR of X% from 2012 to 2023. At the same time, Ghana (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Nigeria (X p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire and Ghana saw its share reduced by X% and X% from 2012 to 2023, respectively.
In value terms, Nigeria ($X) remains the largest reel cutting slitter supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports.
In Nigeria, reel cutting slitter exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Ghana (X% per year) and Cote d'Ivoire (X% per year).
Export Prices by Country
The export price in ECOWAS stood at $X per unit in 2023, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2022 an increase of X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while Nigeria ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced a decline in the export price figures.
Reel Cutting Slitter Imports
Imports in ECOWAS
In 2023, purchases abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by X% to X units, falling for the third consecutive year after five years of growth. In general, imports, however, recorded resilient growth. The growth pace was the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2023, imports failed to regain momentum.
In value terms, reel cutting slitter imports declined remarkably to $X in 2023. Overall, imports, however, showed a moderate expansion. The growth pace was the most rapid in 2018 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2023, imports remained at a lower figure.
Imports by Country
Nigeria dominates imports structure, recording X units, which was near X% of total imports in 2023. It was distantly followed by Ghana (X units), achieving a X% share of total imports.
Nigeria was also the fastest-growing in terms of the combined reel slitting and re-reeling cutting machines for paper and paperboard imports, with a CAGR of X% from 2012 to 2023. Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Nigeria increased by X percentage points.
In value terms, Nigeria ($X) constitutes the largest market for imported combined reel slitting and re-reeling cutting machines for paper and paperboard in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria amounted to X%.
Import Prices by Country
In 2023, the import price in ECOWAS amounted to $X per unit, declining by X% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nigeria ($X per unit), while Ghana stood at $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the reel cutting slitter market in ECOWAS. 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 28951133 - Combined reel slitting and re-reeling cutting machines for paper and paperboard (excluding film cutting machines and apparatus)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- 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
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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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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