Uganda: Fibreboard Market 2024

Fibreboard Market Size in Uganda

In 2022, the Ugandan fibreboard market decreased by X% to $X, falling for the second year in a row after five years of growth. In general, consumption continues to indicate a deep setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Fibreboard Production in Uganda

In value terms, fibreboard production rose slightly to $X in 2022 estimated in export price. In general, production, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X,400% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Fibreboard Exports

Exports from Uganda

In 2022, after seven years of growth, there was significant decline in overseas shipments of fibreboard, when their volume decreased by X% to X cubic meters. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X cubic meters in 2021, and then fell significantly in the following year.

In value terms, fibreboard exports declined to $X in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

Kenya (X cubic meters) was the main destination for fibreboard exports from Uganda, accounting for a X% share of total exports. Moreover, fibreboard exports to Kenya exceeded the volume sent to the second major destination, Tanzania (X cubic meters), threefold. The third position in this ranking was held by Rwanda (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kenya amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Rwanda (X% per year).

In value terms, Kenya ($X) emerged as the key foreign market for fibreboard exports from Uganda, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with an X% share of total exports. It was followed by Rwanda, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kenya stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Rwanda (X% per year).

Export Prices by Country

In 2022, the average fibreboard export price amounted to $X per cubic meter, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 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 cubic meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per cubic meter), while the average price for exports to Democratic Republic of the Congo ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (X%), while the prices for the other major destinations experienced a decline.

Fibreboard Imports

Imports into Uganda

In 2022, fibreboard imports into Uganda reduced sharply to X cubic meters, which is down by X% on 2021. Over the period under review, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, fibreboard imports fell markedly to $X in 2022. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X cubic meters) constituted the largest fibreboard supplier to Uganda, with a X% share of total imports. Moreover, fibreboard imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X cubic meters), fivefold. South Africa (X cubic meters) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of fibreboard to Uganda, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with an X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the average fibreboard import price amounted to $X per cubic meter, falling by X% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price 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, fibreboard import price increased by X% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per cubic meter, and then dropped in the following year.

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 South Africa ($X per cubic meter), while the price for India ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform