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 fell to $X in 2022, declining by X% against the previous year. Over the period under review, the total consumption indicated a tangible increase 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 increased by X% against 2020 indices. Wooden case and box consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Packing Cases, Boxes And Similar Packings in Kenya

In value terms, wooden case and box production contracted to $X in 2022 estimated in export price. In general, the total production indicated a measured 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 increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. Wooden case and box production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Packing Cases, Boxes And Similar Packings

Exports from Kenya

In 2022, shipments abroad of packing cases, boxes and similar packings increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a pronounced increase. 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 peak figure in 2022 and are expected to retain growth in years to come.

In value terms, wooden case and box exports rose remarkably to $X in 2022. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Somalia (X units) was the main destination for wooden case and box exports from Kenya, accounting for a X% share of total exports. Moreover, wooden case and box exports to Somalia exceeded the volume sent to the second major destination, Ethiopia (X units), threefold. Uganda (X units) 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 Somalia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Uganda (X% per year).

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

Ethiopia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden case and box export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Somalia ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Packing Cases, Boxes And Similar Packings

Imports into Kenya

In 2022, wooden case and box imports into Kenya shrank markedly to X units, reducing by X% compared with 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then dropped sharply in the following year.

In value terms, wooden case and box imports fell significantly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, Uganda (X units) constituted the largest wooden case and box supplier to Kenya, with a X% share of total imports. Moreover, wooden case and box imports from Uganda exceeded the figures recorded by the second-largest supplier, Spain (X units), sevenfold. The third position in this ranking was taken by Tanzania (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Uganda stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Tanzania (X% per year).

In value terms, the largest wooden case and box suppliers to Kenya were Uganda ($X), Spain ($X) and Hong Kong SAR ($X), together comprising X% of total imports.

In terms of the main suppliers, Spain, 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. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Tanzania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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