Report Update: May 1, 2024

Kenya - Cellular Plates, Sheets and Films of Polyymers of Styrene - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polystyrene Cellular Plates, Sheets and Films in Kenya - 2022

Price for Polystyrene Cellular Plates, Sheets and Films in Kenya (CIF) - 2022

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $4,603 per ton, increasing by 156% against the previous year. Over the period under review, the import price showed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Egypt ($3,796 per ton), while the price for China ($1,195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polystyrene Cellular Plates, Sheets and Films in Kenya (FOB) - 2022

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $2,605 per ton, approximately mirroring the previous year. In general, the export price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2014 an increase of 142% against the previous year. As a result, the export price reached the peak level of $6,177 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($4,796 per ton), while the average price for exports to Tanzania ($2,351 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 (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polystyrene Cellular Plates, Sheets and Films in Kenya

In 2022, after three years of growth, there was significant decline in purchases abroad of cellular plates, sheets and films of polyymers of styrene, when their volume decreased by -30.1% to 200 tons. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 151%. As a result, imports reached the peak of 287 tons, and then contracted notably in the following year.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $922K in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 162%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Polystyrene Cellular Plates, Sheets and Films in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	36.8	19.2	111	712	168.5%
China	43.0	91.0	89.8	98.9	32.0%
India	18.6	24.3	49.4	50.0	39.0%
Egypt	0.3	0.6	2.8	20.0	305.5%
Uganda	5.5	1.7	30.4	N/A	135.1%
Others	17.2	59.6	231	42.0	34.7%
Total	121	197	515	922	96.8%

Top Suppliers of Polystyrene Cellular Plates, Sheets and Films to Kenya in 2022:

Turkey (202.5 tons)
China (82.7 tons)
India (24.0 tons)
Egypt (5.3 tons)

Exports of Polystyrene Cellular Plates, Sheets and Films in Kenya

In 2022, approx. 330 tons of cellular plates, sheets and films of polyymers of styrene were exported from Kenya; with an increase of 16% on the previous year's figure. The total export volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $859K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Polystyrene Cellular Plates, Sheets and Films in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Democratic Republic of the Congo	312	392	439	596	24.1%
Tanzania	39.1	62.2	90.4	143	54.1%
Rwanda	0.2	16.7	35.4	70.0	604.7%
South Sudan	91.5	98.4	58.2	29.1	-31.7%
Mozambique	7.8	6.9	5.1	N/A	-19.1%
Uganda	27.7	33.0	20.6	N/A	-13.8%
Congo	N/A	N/A	59.3	N/A	0%
Others	42.7	37.1	29.8	20.6	-21.6%
Total	521	646	737	859	18.1%

Top Export Markets for Polystyrene Cellular Plates, Sheets and Films from Kenya in 2022:

Democratic Republic of the Congo (233.9 tons)
Tanzania (60.7 tons)
Rwanda (21.1 tons)
South Sudan (6.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polystyrene cellular plates, sheets and films 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 22214120 - Cellular plates, sheet, film, foil and strip of polymers of styrene

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