Uganda: Plastic Packaging Market 2024

Plastic Packaging Market Size in Uganda

The Ugandan plastic packaging market was estimated at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Plastic packaging consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Plastic Packaging Production in Uganda

In value terms, plastic packaging production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, showed a mild curtailment. The pace of growth was the most pronounced in 2015 with an increase of X%. Plastic packaging production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Plastic Packaging Exports

Exports from Uganda

In 2022, after three years of growth, there was significant decline in overseas shipments of plastic packaging, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed a pronounced increase. 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 peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, plastic packaging exports reduced notably to $X in 2022. In general, exports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Burundi (X tons) and South Sudan (X tons) were the main destinations of plastic packaging exports from Uganda, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Burundi ($X), the United Arab Emirates ($X) and South Sudan ($X) constituted the largest markets for plastic packaging exported from Uganda worldwide, with a combined X% share of total exports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to 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 plastic packaging export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the 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 South Sudan ($X per ton), while the average price for exports to Kenya ($X per ton) was amongst the lowest.

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

Plastic Packaging Imports

Imports into Uganda

In 2022, plastic packaging imports into Uganda reduced to X tons, with a decrease of X% compared with 2021 figures. Over the period under review, imports continue to indicate a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic packaging imports dropped to $X in 2022. In general, imports saw a pronounced downturn. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Kenya (X tons) and China (X tons) were the main suppliers of plastic packaging imports to Uganda, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X), Kenya ($X) and China ($X) were the largest plastic packaging suppliers to Uganda, together comprising X% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, 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 mixed trend patterns.

Import Prices by Country

The average plastic packaging import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then fell slightly in the following year.

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

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

Source: IndexBox Platform