Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya - 2022
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya (CIF) - 2022
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya (CIF) - 2022
In 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,391 per ton, shrinking by -4.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 46%. Over the period under review, average import prices hit record highs at $1,567 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($1,517 per ton) and Saudi Arabia ($1,401 per ton), while the price for South Africa ($1,143 per ton) and China ($1,349 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya (FOB) - 2022
In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,384 per ton, declining by -19.8% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,928 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($2,065 per ton), while the average price for exports to India ($434 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 South Sudan (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya
In 2022, purchases abroad of polymers of propylene or of other olefins, in primary formses decreased by -8.8% to 126K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, imports reached the peak of 141K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of polymers of propylene or of other olefins, in primary formses dropped to $175M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $201M, and then shrank in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 71.2 | 64.6 | 95.7 | 72.8 | 0.7% |
| United Arab Emirates | 42.5 | 43.5 | 56.7 | 40.1 | -1.9% |
| South Korea | 2.4 | 4.2 | 6.1 | 18.1 | 96.1% |
| China | 1.6 | 1.7 | 10.0 | 16.7 | 118.5% |
| India | 11.4 | 13.9 | 17.9 | 11.6 | 0.6% |
| South Africa | 7.4 | 4.0 | 0.7 | 5.1 | -11.7% |
| Oman | 0.9 | 0.2 | 1.8 | 3.7 | 60.2% |
| Others | 8.1 | 8.1 | 12.4 | 7.1 | -4.3% |
| Total | 145 | 140 | 201 | 175 | 6.5% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Kenya in 2022:
- Saudi Arabia (52.0K tons)
- United Arab Emirates (29.1K tons)
- China (12.4K tons)
- South Korea (11.9K tons)
- India (8.6K tons)
- South Africa (4.4K tons)
- Oman (2.7K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya
In 2022, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by -52% to 562 tons, falling for the second consecutive year after two years of growth. In general, exports faced a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. As a result, the exports attained the peak of 1.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of polymers of propylene or of other olefins, in primary formses contracted markedly to $777K in 2022. Over the period under review, exports recorded a significant curtailment. The smallest decline of -4.2% was in 2020.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 652 | 845 | 603 | 316 | -21.4% |
| Rwanda | 489 | 395 | 571 | 245 | -20.6% |
| Tanzania | 926 | 697 | 497 | 168 | -43.4% |
| Burundi | 4.2 | 23.1 | 43.2 | 20.7 | 70.2% |
| South Sudan | 0.5 | 1.2 | 2.7 | 16.1 | 218.1% |
| India | 11.7 | 9.1 | 5.9 | 12.2 | 1.4% |
| China | 33.2 | 16.4 | 16.9 | N/A | -28.7% |
| Angola | 119 | 176 | 182 | N/A | 23.7% |
| Others | 138 | 109 | 96.6 | 0.2 | -88.7% |
| Total | 2,372 | 2,272 | 2,018 | 777 | -31.1% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Kenya in 2022:
- Uganda (217.0 tons)
- Rwanda (151.3 tons)
- Tanzania (146.0 tons)
- India (28.1 tons)
- Burundi (10.0 tons)
- South Sudan (9.0 tons)
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Kenya.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Kenya.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
