Report Update: May 1, 2024

Kenya - Statuettes And Other Ornamental Articles Of Plastic - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Ornamental Articles Price in Kenya - 2021

Plastic Ornamental Articles Price in Kenya (CIF) - 2022

The average plastic ornamental articles import price stood at $1,361 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 31%. The import price peaked at $1,542 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($1,367 per ton), while the price for the United States amounted to $443 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%).

Plastic Ornamental Articles Price in Kenya (FOB) - 2022

In 2022, the average plastic ornamental articles export price amounted to $14,000 per ton, almost unchanged from the previous year. Over the period under review, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 181% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($103,057 per ton), while the average price for exports to Democratic Republic of the Congo ($1,285 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 the United Arab Emirates (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Ornamental Articles Imports in Kenya

In 2022, approx. 579 tons of statuettes and other ornamental articles of plastic were imported into Kenya; falling by -7.8% on the previous year. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.

In value terms, plastic ornamental articles imports declined to $788K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of $854K, and then contracted in the following year.

Import of Plastic Ornamental Articles in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	664	580	722	774	5.2%
United States	58.6	60.3	65.2	5.2	-55.4%
Others	65.2	82.9	66.3	9.3	-47.8%
Total	788	723	854	788	0.0%

Top Suppliers of Plastic Ornamental Articles to Kenya in 2022:

China (566.1 tons)
United States (11.7 tons)

Plastic Ornamental Articles Exports in Kenya

For the third consecutive year, Kenya recorded decline in shipments abroad of statuettes and other ornamental articles of plastic, which decreased by -11.7% to 14 tons in 2022. Overall, exports showed a deep downturn. The smallest decline of -9.5% was in 2021.

In value terms, plastic ornamental articles exports reduced to $191K in 2022. Over the period under review, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports reached the peak of $216K, and then reduced in the following year.

Export of Plastic Ornamental Articles in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	51.2	86.5	104	80.8	16.4%
Italy	8.6	1.5	19.9	27.2	46.8%
France	56.7	35.3	19.2	15.6	-35.0%
United States	43.0	2.6	12.3	12.6	-33.6%
Israel	1.8	3.6	8.4	7.0	57.3%
Guatemala	0.6	1.1	2.5	1.8	44.2%
Ethiopia	0.1	2.4	0.4	1.2	128.9%
Cyprus	0.3	0.6	1.2	1.1	54.2%
Rwanda	0.7	0.3	1.3	0.9	8.7%
Democratic Republic of the Congo	0.1	0.3	0.6	0.4	58.7%
Others	40.9	31.9	46.7	42.3	1.1%
Total	204	166	216	191	-2.2%

Top Export Markets for Plastic Ornamental Articles from Kenya in 2022:

France (5.8 tons)
Netherlands (3.1 tons)
United States (0.6 tons)
Rwanda (0.4 tons)
Israel (0.3 tons)
Italy (0.3 tons)
Ethiopia (0.3 tons)
Democratic Republic of the Congo (0.3 tons)
Guatemala (0.2 tons)
Cyprus (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic ornamental articles 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 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023