Uganda's Paper Bag Machine Market Report 2024 - Prices, Size, Forecast, and Companies

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The Ugandan paper bag machine market was finally on the rise to reach $X in 2023, after two years of decline. Overall, the total consumption indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

In value terms, paper bag machine production stood at $X in 2023 estimated in export price. Over the period under review, production recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2013 with a decrease of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

In 2021, after two years of decline, there was decline in overseas shipments of machines for making bags, sacks or envelopes of paper or paperboard, when their volume decreased by X% to X units. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, paper bag machine exports dropped significantly to $X in 2021. In general, exports recorded a slight slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Kenya (X units) was the main destination for paper bag machine exports from Uganda, with a approx. X% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to Kenya was relatively modest.

In value terms, Kenya ($X) emerged as the key foreign market for machines for making bags, sacks or envelopes of paper or paperboard exports from Uganda.

From 2014 to 2021, the average annual rate of growth in terms of value to Kenya was relatively modest.

The average paper bag machine export price stood at $X per unit in 2021, shrinking by X% against the previous year. Overall, the export price recorded a mild decline. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2014 to 2021, the rate of growth in terms of prices for Burundi amounted to X% per year.

In 2023, after two years of decline, there was significant growth in purchases abroad of machines for making bags, sacks or envelopes of paper or paperboard, when their volume increased by X% to X units. In general, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, paper bag machine imports skyrocketed to $X in 2023. Over the period under review, imports enjoyed resilient growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.

The UK (X units), Germany (X units) and Serbia (X units) were the main suppliers of paper bag machine imports to Uganda, with a combined X% share of total imports. Moreover, paper bag machine imports in the UK exceeded the figures recorded by the second-largest supplier, Germany, twofold.

From 2012 to 2023, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Serbia ($X) and Germany ($X) were the largest paper bag machine suppliers to Uganda, together comprising X% of total imports. Croatia, Taiwan (Chinese), China, India, the United Arab Emirates, Burundi, Kenya and Turkey lagged somewhat behind, together comprising a further X%.

Kenya, with a CAGR of X%, recorded the highest growth rate of 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.

In 2023, the average paper bag machine import price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Serbia ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2023, 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

This report provides an in-depth analysis of the paper bag machine market in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

Making Data-Driven Decisions to Grow Your Business

A Quick Overview of Market Performance

Understanding the Current State of The Market and Its Prospects

Finding New Products to Diversify Your Business

Choosing the Best Countries to Establish Your Sustainable Supply Chain

Choosing the Best Countries to Boost Your Exports

The Latest Trends and Insights into The Industry

The Largest Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles

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