Africa: Folding Boxboard Market 2024

Folding Boxboard Market Size in Africa

After two years of decline, the African folding boxboard market increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Folding Boxboard Production in Africa

In value terms, folding boxboard production reduced to $X in 2022 estimated in export price. In general, production showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Folding Boxboard Exports

Exports in Africa

After two years of growth, shipments abroad of folding boxboard decreased by X% to X tons in 2022. In general, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank slightly in the following year.

In value terms, folding boxboard exports expanded sharply to $X in 2022. Over the period under review, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Egypt represented the main exporter of folding boxboard in Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by South Africa (X tons), creating a X% share of total exports. Kenya (X tons), Tunisia (X tons), Zambia (X tons) and Swaziland (X tons) took a minor share of total exports.

Egypt was also the fastest-growing in terms of the folding boxboard exports, with a CAGR of X% from 2012 to 2022. At the same time, Swaziland (X%), Kenya (X%), Zambia (X%), Tunisia (X%) and South Africa (X%) displayed positive paces of growth. Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest folding boxboard supplying countries in Africa were South Africa ($X), Egypt ($X) and Kenya ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Egypt, with a CAGR of X%, recorded 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 export price in Africa amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a noticeable setback. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Folding Boxboard Imports

Imports in Africa

In 2022, approx. X tons of folding boxboard were imported in Africa; growing by X% compared with the previous year. Total imports indicated a strong expansion from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, folding boxboard imports surged to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value 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, imports increased by X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa (X tons), Egypt (X tons), Algeria (X tons) and Morocco (X tons) represented roughly X% of total imports in 2022. Kenya (X tons), Tunisia (X tons), Nigeria (X tons), Sudan (X tons), Tanzania (X tons), Cote d'Ivoire (X tons) and Ghana (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Sudan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest folding boxboard importing markets in Africa were Egypt ($X), South Africa ($X) and Algeria ($X), together comprising X% of total imports. Morocco, Nigeria, Tunisia, Sudan, Kenya, Cote d'Ivoire, Ghana and Tanzania lagged somewhat behind, together comprising a further X%.

Tanzania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, declining by X% against the previous year. Overall, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2015 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sudan ($X per ton), while Kenya ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :