Africa: Fibreboard Market 2024

Fibreboard Market Size in Africa

The African fibreboard market was estimated at $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Fibreboard Production in Africa

In value terms, fibreboard production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Fibreboard Exports

Exports in Africa

In 2022, approx. X cubic meters of fibreboard were exported in Africa; picking up by X% on the previous year's figure. Overall, exports posted a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, fibreboard exports surged to $X in 2022. In general, exports showed modest growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X cubic meters) was the main exporter of fibreboard, committing X% of total exports. Malawi (X cubic meters) took the second position in the ranking, followed by Tanzania (X cubic meters), Zimbabwe (X cubic meters), Uganda (X cubic meters), Ethiopia (X cubic meters) and Kenya (X cubic meters). All these countries together held near X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Ethiopia (X%), Tanzania (X%), Uganda (X%), Zimbabwe (X%), Malawi (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Ethiopia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Tanzania (X p.p.), Uganda (X p.p.), Ethiopia (X p.p.), Malawi (X p.p.) and Zimbabwe (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, South Africa ($X) remains the largest fibreboard supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Malawi ($X), with a X% share of total exports. It was followed by Uganda, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Malawi (X% per year) and Uganda (X% per year).

Export Prices by Country

The export price in Africa stood at $X per cubic meter in 2022, falling by X% against the previous year. In general, the export price saw a slight slump. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kenya ($X per cubic meter), while Ethiopia ($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 Ethiopia (X%), while the other leaders experienced more modest paces of growth.

Fibreboard Imports

Imports in Africa

In 2022, approx. X cubic meters of fibreboard were imported in Africa; with a decrease of X% against 2021. Total imports indicated a remarkable increase 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 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters, and then contracted in the following year.

In value terms, fibreboard imports expanded remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Egypt (X cubic meters), Morocco (X cubic meters), Tunisia (X cubic meters) and Algeria (X cubic meters) was the largest importer of fibreboard in Africa, making up X% of total import. South Africa (X cubic meters) held the next position in the ranking, followed by Libya (X cubic meters). All these countries together took approx. X% share of total imports. Sudan (X cubic meters), Kenya (X cubic meters), Nigeria (X cubic meters), Zimbabwe (X cubic meters) and Tanzania (X cubic meters) held a minor share of total imports.

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

In value terms, Egypt ($X), Morocco ($X) and Tunisia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Morocco, with a CAGR of X%, recorded 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 cubic meter, rising 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 import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per cubic meter), while Sudan ($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 Morocco (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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