Africa: Fibreboard Market 2024

Fibreboard Market Size in Africa

The African fibreboard market contracted slightly to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Fibreboard Production in Africa

In value terms, fibreboard production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Fibreboard Exports

Exports in Africa

For the third consecutive year, Africa recorded growth in shipments abroad of fibreboard, which increased by X% to X cubic meters in 2022. Overall, exports posted tangible growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fibreboard exports expanded markedly to $X in 2022. Over the period under review, exports recorded a slight increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X cubic meters) represented the largest exporter of fibreboard, generating X% of total exports. Malawi (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Tanzania (X%), Zimbabwe (X%), Uganda (X%), Ethiopia (X%) and Kenya (X%).

From 2012 to 2022, average annual rates of growth with regard to fibreboard exports from South Africa stood at X%. At the same time, Ethiopia (X%), Tanzania (X%), Uganda (X%), Zimbabwe (X%), Malawi (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Ethiopia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Tanzania (X p.p.), Uganda (X p.p.), Ethiopia (X p.p.), Malawi (X p.p.) and Zimbabwe (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest fibreboard supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Malawi ($X), with a X% share of total exports. It was followed by Kenya, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Malawi (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per cubic meter, declining by X% against the previous year. In general, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kenya ($X per cubic meter), while Ethiopia ($X per cubic meter) was amongst the lowest.

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

Fibreboard Imports

Imports in Africa

In 2022, approx. X cubic meters of fibreboard were imported in Africa; waning by X% on the previous year. In general, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, fibreboard imports rose rapidly to $X in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Algeria (X cubic meters), Egypt (X cubic meters), Morocco (X cubic meters) and Tunisia (X cubic meters) represented roughly X% of total imports in 2022. South Africa (X cubic meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Libya (X%). Sudan (X cubic meters), Kenya (X cubic meters), Nigeria (X cubic meters), Zimbabwe (X cubic meters) and Tanzania (X cubic meters) followed a long way behind the leaders.

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

In value terms, Egypt ($X), Morocco ($X) and Algeria ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per cubic meter in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per cubic meter), while Sudan ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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