Kenya: Market for Plastic Fittings for Tubes, Pipes and Hoses 2024

Market Size for Plastic Fittings for Tubes, Pipes and Hoses in Kenya

The Kenyan market for plastic fittings for tubes, pipes and hoses reached $X in 2023, surging by X% against the previous year. Over the period under review, the total consumption indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Plastic Fittings for Tubes, Pipes and Hoses in Kenya

In value terms, production of plastic fittings for tubes, pipes and hoses rose rapidly to $X in 2023 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Plastic Fittings for Tubes, Pipes and Hoses

Exports from Kenya

In 2023, the amount of plastic fittings for tubes, pipes and hoses exported from Kenya shrank to X tons, with a decrease of X% against the previous year's figure. In general, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, exports of plastic fittings for tubes, pipes and hoses contracted to $X in 2023. Over the period under review, total exports indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Uganda (X tons), Rwanda (X tons) and Nigeria (X tons) were the main destinations of exports of plastic fittings for tubes, pipes and hoses from Kenya, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Uganda ($X), Rwanda ($X) and Burundi ($X) appeared to be the largest markets for plastic fittings for tubes, pipes and hoses exported from Kenya worldwide, with a combined X% share of total exports. Mozambique, South Sudan, Nigeria, Tanzania and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.

Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for plastic fittings for tubes, pipes and hoses amounted to $X per ton, increasing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 Plastic Fittings for Tubes, Pipes and Hoses

Imports into Kenya

In 2023, purchases abroad of plastic fittings for tubes, pipes and hoses increased by X% to X tons, rising for the fifth year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports of reached the maximum at X tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, imports of plastic fittings for tubes, pipes and hoses dropped modestly to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

In 2023, China (X tons) constituted the largest plastic fittings for tubes, pipes and hoses supplier to Kenya, accounting for a X% share of total imports. Moreover, imports of plastic fittings for tubes, pipes and hoses from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

In value terms, the largest plastic fittings for tubes, pipes and hoses suppliers to Kenya were China ($X), the United Arab Emirates ($X) and Turkey ($X), with a combined X% share of total imports.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 2023, the average import price for plastic fittings for tubes, pipes and hoses amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price saw a slight downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform