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Kenya - Sacks and Bags - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Sack And Bag Market 2022

Sack And Bag Market Size in Kenya

The Kenyan sack and bag market surged to $X in 2021, increasing by X% against the previous year. Overall, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Sack and bag consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Sack And Bag Production in Kenya

In value terms, sack and bag production surged to $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Sack and bag production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sack And Bag Exports

Exports from Kenya

In 2021, shipments abroad of sacks and bags decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, exports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, sack and bag exports fell dramatically to $X in 2021. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons), Pakistan (X tons) and South Sudan (X tons) were the main destinations of sack and bag exports from Kenya, together accounting for X% of total exports. Tanzania, Rwanda and Burundi lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Burundi (with a CAGR of +X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for sack and bag exported from Kenya were Uganda ($X), Pakistan ($X) and South Sudan ($X), together accounting for X% of total exports. Tanzania, Burundi and Rwanda lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2021, the average sack and bag export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was South Sudan ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Sack And Bag Imports

Imports into Kenya

In 2021, after two years of decline, there was significant growth in supplies from abroad of sacks and bags, when their volume increased by X% to X tons. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sack and bag imports soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Tanzania (X tons) constituted the largest supplier of sack and bag to Kenya, accounting for a X% share of total imports. Moreover, sack and bag imports from Tanzania exceeded the figures recorded by the second-largest supplier, Bangladesh (X tons), twofold. The third position in this ranking was held by China (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Tanzania stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (-X% per year) and China (-X% per year).

In value terms, Tanzania ($X) constituted the largest supplier of sack and bag to Kenya, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Tanzania totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (-X% per year) and India (+X% per year).

Import Prices by Country

In 2021, the average sack and bag import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was Tanzania ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sacks and bags in the world?

The countries with the highest volumes of consumption in 2021 were Brazil, China and the United States, together accounting for 37% of global consumption. These countries were followed by Turkey, Indonesia, India, Japan, Russia, South Korea, Nigeria, Italy, France and Pakistan, which together accounted for a further 29%.

What are the largest producers of sacks and bags in the world?

The countries with the highest volumes of production in 2021 were China, Brazil and India, together accounting for 54% of global production. Turkey, Vietnam, Indonesia, Bangladesh, the United States, Nigeria, Pakistan, Russia and Thailand lagged somewhat behind, together comprising a further 29%.

What are the leading suppliers of sacks and bags to Kenya?

In value terms, Tanzania constituted the largest supplier of sack and bag to Kenya, comprising 55% of total imports. The second position in the ranking was taken by Bangladesh, with a 15% share of total imports. It was followed by India, with a 14% share.

What are the leading importers of sacks and bags from Kenya?

In value terms, Uganda, Pakistan and South Sudan appeared to be the largest markets for sack and bag exported from Kenya worldwide, with a combined 83% share of total exports. These countries were followed by Tanzania, Burundi and Rwanda, which together accounted for a further 8%.

What is the average export price for sacks and bags in Kenya?

The average sack and bag export price stood at $1,814 per ton in 2021, almost unchanged from the previous year.

What is the average import price for sacks and bags in Kenya?

In 2021, the average sack and bag import price amounted to $1,938 per ton, picking up by 6.7% against the previous year.

This report provides an in-depth analysis of the sack and bag market in Kenya. 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.

Product coverage:

• Prodcom 13922130 - Sacks and bags, of cotton, used for packing goods

• Prodcom 13922150 - Sacks and bags, of knitted or crocheted polyethylene or polypropylene strip, used for packing goods

• Prodcom 13922173 -

• Prodcom 13922175 -

• Prodcom 13922190 - Sacks and bags, used for packing goods (excluding of cotton, p olyethylene or polypropylene strip)

Country coverage:

• Kenya

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Kenya

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance