Report Update: May 1, 2024

Kenya - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends And Insights

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Polyethylene Price in Kenya - 2021

Polyethylene Price in Kenya (CIF) - 2022

The average polyethylene import price stood at $1,060 per ton in 2022, reducing by -7% against the previous year. In general, the import price saw a mild decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. The import price peaked at $1,353 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($1,142 per ton) and South Korea ($1,114 per ton), while the price for India ($972 per ton) and the United States ($976 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-0.9%), while the prices for the other major suppliers experienced a decline.

Polyethylene Price in Kenya (FOB) - 2022

In 2022, the average polyethylene export price amounted to $1,360 per ton, stabilizing at the previous year. In general, the export price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2014 an increase of 21%. Over the period under review, the average export prices reached the peak figure at $1,780 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($2,419 per ton), while the average price for exports to China ($685 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 (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Polyethylene Imports in Kenya

After three years of growth, supplies from abroad of polyethylene with a specific gravity of more then 0,94, in primary forms decreased by -18.8% to 115K tons in 2022. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of 141K tons, and then shrank markedly in the following year.

In value terms, polyethylene imports dropped significantly to $122M in 2022. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 95% against the previous year. As a result, imports attained the peak of $161M, and then dropped significantly in the following year.

Import of Polyethylene in Kenya (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	35.4	36.4	75.0	54.9	15.8%
United Arab Emirates	14.6	14.4	23.2	17.0	5.2%
Qatar	8.6	6.2	13.7	10.1	5.5%
Iran	5.8	6.2	10.2	8.7	14.5%
United States	5.9	8.9	5.5	7.3	7.4%
South Korea	0.5	2.3	7.9	5.9	127.7%
India	1.1	2.2	4.3	4.1	55.0%
China	0.5	0.1	3.7	3.0	81.7%
Others	6.8	5.8	17.4	10.6	15.9%
Total	79.2	82.3	161	122	15.5%

Top Suppliers of Polyethylene to Kenya in 2022:

Saudi Arabia (54.2K tons)
United Arab Emirates (17.4K tons)
Qatar (10.0K tons)
United States (7.5K tons)
South Korea (5.3K tons)
India (4.2K tons)
China (2.7K tons)
Iran (1.8K tons)

Polyethylene Exports in Kenya

In 2022, shipments abroad of polyethylene with a specific gravity of more then 0,94, in primary forms was finally on the rise to reach 406 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous contraction.

In value terms, polyethylene exports skyrocketed to $552K in 2022. Overall, exports, however, saw a sharp setback.

Export of Polyethylene in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Uganda	948	184	202	302	-31.7%
Democratic Republic of the Congo	227	332	137	205	-3.3%
Rwanda	211	84.9	55.5	18.2	-55.8%
China	91.7	20.1	15.4	7.5	-56.6%
Burundi	19.8	29.5	7.0	4.0	-41.3%
Others	49.4	25.3	10.8	14.7	-33.2%
Total	1,547	676	428	552	-29.1%

Top Export Markets for Polyethylene from Kenya in 2022:

Uganda (248.1 tons)
Democratic Republic of the Congo (129.4 tons)
China (10.9 tons)
Rwanda (8.3 tons)
Burundi (2.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyethylene 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 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms

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