Kenya - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Polymer Bag Price in Kenya - 2021
Contents:
- Ethylene Polymer Bag Price in Kenya (CIF) - 2022
- Ethylene Polymer Bag Price in Kenya (FOB) - 2022
- Ethylene Polymer Bag Imports in Kenya
- Ethylene Polymer Bag Exports in Kenya
Ethylene Polymer Bag Price in Kenya (CIF) - 2022
In 2022, the average ethylene polymer bag import price amounted to $4,667 per ton, declining by -3.9% against the previous year. In general, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 81% against the previous year. The import price peaked at $4,856 per ton in 2021, and then shrank modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($9,486 per ton), while the price for Uganda ($2,888 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethylene Polymer Bag Price in Kenya (FOB) - 2022
In 2022, the average ethylene polymer bag export price amounted to $3,295 per ton, with an increase of 21% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene polymer bag export price increased by +47.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 41%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($5,191 per ton), while the average price for exports to Democratic Republic of the Congo ($850 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 Rwanda (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Polymer Bag Imports in Kenya
In 2022, ethylene polymer bag imports into Kenya contracted sharply to 374 tons, dropping by -72.4% compared with the previous year. In general, imports continue to indicate a precipitous descent. The smallest decline of -1.7% was in 2021.
In value terms, ethylene polymer bag imports declined notably to $1.7M in 2022. Overall, imports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of $6.6M, and then dropped dramatically in the following year.
Import of Ethylene Polymer Bag in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,649 | 2,456 | 2,863 | 399 | -37.7% |
Spain | 45.5 | 27.0 | 66.3 | 223 | 69.9% |
Italy | 184 | 34.5 | 303 | 206 | 3.8% |
India | 40.1 | 84.3 | 262 | 189 | 67.7% |
Hong Kong SAR | 1,791 | 712 | 1,127 | 122 | -59.2% |
Uganda | 1.0 | 141 | N/A | 110 | 379.1% |
Sri Lanka | 42.1 | 81.3 | 205 | 98.3 | 32.7% |
Netherlands | 433 | 226 | 193 | 96.8 | -39.3% |
Philippines | N/A | 303 | 159 | 63.4 | -54.3% |
Malaysia | 126 | 329 | N/A | N/A | 161.1% |
Others | 1,446 | 652 | 1,408 | 240 | -45.0% |
Total | 5,759 | 5,045 | 6,586 | 1,747 | -32.8% |
Top Suppliers of Ethylene Polymer Bag to Kenya in 2022:
- China (134.8 tons)
- India (55.6 tons)
- Uganda (37.9 tons)
- Spain (29.6 tons)
- Hong Kong SAR (22.7 tons)
- Italy (21.7 tons)
- Sri Lanka (18.9 tons)
- Netherlands (14.5 tons)
- Philippines (8.7 tons)
Ethylene Polymer Bag Exports in Kenya
In 2022, the amount of sacks and bags of polymers of ethylene exported from Kenya soared to 238 tons, picking up by 32% compared with the year before. Over the period under review, exports, however, saw a perceptible decrease.
In value terms, ethylene polymer bag exports soared to $783K in 2022. Overall, exports continue to indicate a tangible increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Ethylene Polymer Bag in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burundi | 193 | 111 | 102 | 280 | 13.2% |
Ethiopia | 55.4 | 6.4 | 15.2 | 207 | 55.2% |
Tanzania | 41.1 | 16.1 | 95.9 | 191 | 66.9% |
Rwanda | 85.3 | 63.2 | 115 | 37.4 | -24.0% |
Mozambique | N/A | N/A | N/A | 23.9 | 0% |
Uganda | 2.1 | N/A | N/A | 13.7 | 86.9% |
Oman | N/A | 43.2 | N/A | N/A | 0% |
South Africa | 263 | 81.1 | 155 | N/A | -23.2% |
Others | 50.1 | 35.0 | 4.6 | 30.4 | -15.3% |
Total | 690 | 356 | 488 | 783 | 4.3% |
Top Export Markets for Ethylene Polymer Bag from Kenya in 2022:
- Burundi (108.9 tons)
- Ethiopia (53.9 tons)
- Tanzania (47.8 tons)
- Rwanda (7.2 tons)
- Uganda (5.9 tons)
- Mozambique (5.6 tons)
This report provides an in-depth analysis of the ethylene polymer 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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