Kenya: Market for Packing Cases, Boxes And Similar Packings 2024

Market Size for Packing Cases, Boxes And Similar Packings in Kenya

The Kenyan wooden case and box market stood at $X in 2022, remaining relatively unchanged against the previous year. Overall, the total consumption indicated a prominent expansion 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, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Packing Cases, Boxes And Similar Packings in Kenya

In value terms, wooden case and box production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong expansion 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Packing Cases, Boxes And Similar Packings

Exports from Kenya

In 2022, the amount of packing cases, boxes and similar packings exported from Kenya fell rapidly to X units, waning by X% compared with the previous year. In general, exports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then declined significantly in the following year.

In value terms, wooden case and box exports shrank significantly to $X in 2022. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined remarkably in the following year.

Exports by Country

Somalia (X units), Ethiopia (X units) and Tanzania (X units) were the main destinations of wooden case and box exports from Kenya, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Somalia (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wooden case and box exported from Kenya were Ethiopia ($X), Somalia ($X) and Tanzania ($X), together comprising X% of total exports.

Among the main countries of destination, Somalia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average wooden case and box export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($X per unit), while the average price for exports to Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Packing Cases, Boxes And Similar Packings

Imports into Kenya

In 2022, purchases abroad of packing cases, boxes and similar packings decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then shrank sharply in the following year.

In value terms, wooden case and box imports soared to $X in 2022. Overall, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

The UK (X units), Uganda (X units) and the Netherlands (X units) were the main suppliers of wooden case and box imports to Kenya, with a combined X% share of total imports. China, South Africa, Turkey, France and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden case and box suppliers to Kenya were the UK ($X), Uganda ($X) and the Netherlands ($X), with a combined X% share of total imports. China, Turkey, South Africa, France and Spain lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden case and box import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price saw a resilient increase. 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 origin: amid the top importers, the country with the highest price was Uganda ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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