Kenya: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Kenya

After two years of growth, the Kenyan market for non-cellular plates, sheets, film, foil and strip of plastics decreased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a strong expansion. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Kenya

In 2022, after two years of growth, there was significant decline in shipments abroad of non-cellular plates, sheets, film, foil and strip of plastics, when their volume decreased by X% to X tons. In general, exports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics shrank sharply to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Zambia (X tons) was the main destination for exports of non-cellular plates, sheets, film, foil and strip of plastics from Kenya, accounting for a X% share of total exports. Moreover, exports of non-cellular plates, sheets, film, foil and strip of plastics to Zambia exceeded the volume sent to the second major destination, Uganda (X tons), twofold. The third position in this ranking was held by Israel (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Zambia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Israel (X% per year).

In value terms, Zambia ($X) remains the key foreign market for non-cellular plates, sheets, film, foil and strip of plastics exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by Uganda ($X), with a X% share of total exports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Zambia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Tanzania (X% per year).

Export Prices by Country

The average export price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-cellular plates, sheets, film, foil and strip of plastics increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Israel ($X 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 Burundi (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Kenya

In 2022, supplies from abroad of non-cellular plates, sheets, film, foil and strip of plastics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics dropped to $X in 2022. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-cellular plates, sheets, film, foil and strip of plastics to Kenya, with a X% share of total imports. Moreover, imports of non-cellular plates, sheets, film, foil and strip of plastics from China exceeded the figures recorded by the second-largest supplier, Israel (X tons), twofold. The third position in this ranking was taken by Egypt (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (X% per year) and Egypt (X% per year).

In value terms, the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Kenya were China ($X), Israel ($X) and Egypt ($X), with a combined X% share of total imports.

Egypt, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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