Kenya: Semi-Chemical Fluting Market 2024

Semi-Chemical Fluting Market Size in Kenya

The Kenyan semi-chemical fluting market soared to $X in 2021, with an increase of 26% against the previous year. Overall, consumption posted prominent growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Semi-Chemical Fluting Production in Kenya

In value terms, semi-chemical fluting production surged to $X in 2021 estimated in export price. Overall, production continues to indicate a prominent increase. The growth pace was the most rapid in 2019 with an increase of 82% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Semi-Chemical Fluting Exports

Exports from Kenya

In 2021, overseas shipments of semi-chemical fluting increased by 96% to X tons, rising for the fourth year in a row after three years of decline. In general, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2018 when exports increased by 379%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, semi-chemical fluting exports soared to $X in 2021. Over the period under review, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2018 when exports increased by 514% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Trinidad and Tobago (X tons) was the main destination for semi-chemical fluting exports from Kenya, with a 73% share of total exports. Moreover, semi-chemical fluting exports to Trinidad and Tobago exceeded the volume sent to the second major destination, Burundi (X tons), fivefold. The third position in this ranking was held by Tanzania (X tons), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Trinidad and Tobago was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (0.0% per year) and Tanzania (+1.7% per year).

In value terms, Trinidad and Tobago ($X) emerged as the key foreign market for semi-chemical fluting exports from Kenya, comprising 78% of total exports. The second position in the ranking was taken by Burundi ($X), with a 12% share of total exports. It was followed by Tanzania, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Trinidad and Tobago was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (0.0% per year) and Tanzania (+2.4% per year).

Export Prices by Country

The average semi-chemical fluting export price stood at $X per ton in 2021, approximately equating the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 29% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Uganda ($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 Tanzania (+0.7%).

Semi-Chemical Fluting Imports

Imports into Kenya

In 2021, overseas purchases of semi-chemical fluting increased by 78% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 215%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, semi-chemical fluting imports soared to $X in 2021. Over the period under review, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 182%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

South Africa (X tons), Finland (X tons) and Egypt (X tons) were the main suppliers of semi-chemical fluting imports to Kenya, together accounting for 73% of total imports. These countries were followed by Romania, Sweden, the United Arab Emirates, Italy, the UK, Thailand, Israel, Saudi Arabia, Indonesia and Germany, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +155.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Finland ($X) and Egypt ($X) were the largest semi-chemical fluting suppliers to Kenya, together accounting for 77% of total imports. These countries were followed by Romania, Sweden, the United Arab Emirates, the UK, Italy, Saudi Arabia, Israel, Indonesia, Thailand and Germany, which together accounted for a further 21%.

Among the main suppliers, Romania, with a CAGR of +249.8%, recorded 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 2021, the average semi-chemical fluting import price amounted to $X per ton, increasing by 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The growth pace was the most rapid in 2020 an increase of 28%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Finland ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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