Uganda: Corrugated Paper Box Market 2024

Corrugated Paper Box Market Size in Uganda

The Ugandan corrugated paper box market contracted slightly to $X in 2022, which is down by -3.4% against the previous year. Overall, consumption, however, posted a buoyant increase. Corrugated paper box consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Corrugated Paper Box Production in Uganda

In value terms, corrugated paper box production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw prominent growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 60%. Corrugated paper box production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Corrugated Paper Box Exports

Exports from Uganda

In 2022, after three years of decline, there was significant growth in shipments abroad of cartons, boxes and cases of corrugated paper or paperboard, when their volume increased by 13% to X tons. In general, exports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 80%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, corrugated paper box exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 69% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Burundi (X tons), Democratic Republic of the Congo (X tons) and South Sudan (X tons) were the main destinations of corrugated paper box exports from Uganda, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Burundi (with a CAGR of +13.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for corrugated paper box exported from Uganda were Democratic Republic of the Congo ($X), Burundi ($X) and South Sudan ($X), together comprising 98% of total exports.

Among the main countries of destination, Burundi, with a CAGR of +16.0%, saw the highest rates of growth with regard to the value of exports, 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 corrugated paper box export price amounted to $X per ton, rising by 6.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 13% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Democratic Republic of the Congo ($X per ton) and Burundi ($X per ton), while the average price for exports to South Sudan ($X per ton) and Kenya ($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 Democratic Republic of the Congo (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Box Imports

Imports into Uganda

In 2022, the amount of cartons, boxes and cases of corrugated paper or paperboard imported into Uganda skyrocketed to X tons, rising by 131% on 2021 figures. Over the period under review, imports, however, saw a abrupt decline. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, corrugated paper box imports surged to $X in 2022. In general, imports, however, recorded a abrupt decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Italy (X tons) and India (X tons) were the main suppliers of corrugated paper box imports to Uganda, with a combined 65% share of total imports. Democratic Republic of the Congo, Kenya, Burundi and Tanzania lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tanzania (with a CAGR of +65.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Italy ($X) appeared to be the largest corrugated paper box suppliers to Uganda, with a combined 72% share of total imports. Kenya, Tanzania, Democratic Republic of the Congo and Burundi lagged somewhat behind, together accounting for a further 24%.

Tanzania, with a CAGR of +68.9%, 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 2022, the average corrugated paper box import price amounted to $X per ton, shrinking by -22.8% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, corrugated paper box import price increased by +64.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform