Kenya: Market for Paper Sacks And Bags 2024

Market Size for Paper Sacks And Bags in Kenya

The Kenyan paper sack and bag market was estimated at $X in 2021, growing by 2.8% against the previous year. Overall, consumption, however, showed a slight setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Paper Sacks And Bags in Kenya

In value terms, paper sack and bag production expanded modestly to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 36% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Paper Sacks And Bags

Exports from Kenya

In 2021, approx. X tons of paper sacks and bags were exported from Kenya; waning by -15.9% on the previous year's figure. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 43%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, paper sack and bag exports reduced to $X in 2021. Overall, exports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 32%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Uganda (X tons) was the main destination for paper sack and bag exports from Kenya, with a 40% share of total exports. Moreover, paper sack and bag exports to Uganda exceeded the volume sent to the second major destination, Egypt (X tons), threefold. The third position in this ranking was taken by Tanzania (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uganda amounted to -9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+30.1% per year) and Tanzania (+0.9% per year).

In value terms, Uganda ($X) remains the key foreign market for paper sacks and bags exports from Kenya, comprising 38% of total exports. The second position in the ranking was held by Egypt ($X), with a 13% share of total exports. It was followed by Tanzania, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Uganda totaled -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+29.1% per year) and Tanzania (+0.2% per year).

Export Prices by Country

In 2021, the average paper sack and bag export price amounted to $X per ton, with an increase of 5.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2018 when the average export price increased by 35% against the previous year. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports into Kenya

In 2021, the amount of paper sacks and bags imported into Kenya shrank markedly to X tons, waning by -24.3% on the year before. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 61% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, paper sack and bag imports dropped markedly to $X in 2021. In general, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 49% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), Sri Lanka (X tons) and China (X tons) were the main suppliers of paper sack and bag imports to Kenya, with a combined 90% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +18.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), the United Arab Emirates ($X) and China ($X) constituted the largest paper sack and bag suppliers to Kenya, together accounting for 83% of total imports.

China, with a CAGR of +22.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average paper sack and bag import price amounted to $X per ton, picking up by 5.8% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paper sack and bag import price decreased by -2.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Uganda ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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