Uganda: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in Uganda

In 2022, the Ugandan sack kraft paper market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption saw a remarkable increase. Over the period under review, the market attained the peak level at $X in 2021, and then contracted slightly in the following year.

Sack Kraft Paper Exports

Exports from Uganda

In 2022, after three years of growth, there was significant decline in shipments abroad of sack kraft paper, when their volume decreased by X% to X kg. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sack kraft paper exports shrank to $X in 2022. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Rwanda (X kg) was the main destination for sack kraft paper exports from Uganda, accounting for a X% share of total exports. Moreover, sack kraft paper exports to Rwanda exceeded the volume sent to the second major destination, Kenya (X kg), threefold. Democratic Republic of the Congo (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, Rwanda ($X) remains the key foreign market for sack kraft paper exports from Uganda, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total exports. It was followed by Kenya, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Rwanda stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Kenya (X% per year).

Export Prices by Country

The average sack kraft paper export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Democratic Republic of the Congo ($X per ton) and Burundi ($X per ton), while the average price for exports to Kenya ($X per ton) and Rwanda ($X per ton) were amongst the lowest.

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

Sack Kraft Paper Imports

Imports into Uganda

Sack kraft paper imports into Uganda rose notably to X tons in 2022, increasing by X% compared with 2021 figures. In general, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, sack kraft paper imports shrank to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest sack kraft paper supplier to Uganda, with a X% share of total imports. Moreover, sack kraft paper imports from Poland exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Finland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Finland (X% per year).

In value terms, Poland ($X) constituted the largest supplier of sack kraft paper to Uganda, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the average sack kraft paper import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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