Kenya: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Kenya

The Kenyan market for non-plasticised mixed polyvinyl chloride in primary forms soared to $X in 2023, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a abrupt downturn. Consumption of peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Kenya

In 2023, shipments abroad of non-plasticised mixed polyvinyl chloride in primary forms decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Over the period under review, exports faced a sharp contraction. The pace of growth appeared the most rapid in 2022 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms fell significantly to $X in 2023. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Burundi (X tons), Rwanda (X tons) and Uganda (X kg) were the main destinations of exports of non-plasticised mixed polyvinyl chloride in primary forms 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 Rwanda (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Rwanda ($X) remains the key foreign market for non-plasticised mixed polyvinyl chloride in primary forms exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Burundi ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Rwanda totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (X% per year) and Uganda (X% per year).

Export Prices by Country

The average export price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price continues to indicate a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Uganda ($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 a decline.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Kenya

In 2023, imports of non-plasticised mixed polyvinyl chloride in primary forms into Kenya skyrocketed to X tons, picking up by X% on 2022 figures. Over the period under review, imports, however, showed a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2023. Overall, imports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

Egypt (X tons), Taiwan (Chinese) (X tons) and China (X tons) were the main suppliers of imports of non-plasticised mixed polyvinyl chloride in primary forms to Kenya, together accounting for X% of total imports. The United States, South Korea, Vietnam, Thailand, Saudi Arabia, Malaysia, Spain, the UK, Belgium and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-plasticised mixed polyvinyl chloride in primary forms suppliers to Kenya were Taiwan (Chinese) ($X), China ($X) and Egypt ($X), together accounting for X% of total imports. Vietnam, Thailand, South Korea, the United States, Saudi Arabia, Spain, Belgium, the UK, Malaysia and Italy lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Thailand, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 non-plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, falling by X% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2023: its price 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, import price for non-plasticised mixed polyvinyl chloride in primary forms increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2022, and then contracted modestly in the following year.

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

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

Source: IndexBox Platform