Kenya: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Kenya

The Kenyan market for self-adhesive plastic tape in rolls of a width under Xcm fell modestly to $X in 2022, waning by X% against the previous year. Overall, consumption, however, enjoyed buoyant growth. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under Xcm in Kenya

In value terms, production of self-adhesive plastic tape in rolls of a width under Xcm fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Production of peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Kenya

Exports of self-adhesive plastic tape in rolls of a width under Xcm from Kenya was estimated at X tons in 2022, rising by X% against 2021. In general, exports, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm declined to $X in 2022. Over the period under review, total exports indicated a perceptible increase from 2012 to 2022: its value 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, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

Uganda (X tons), Congo (X tons) and Tanzania (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under Xcm from Kenya, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Congo (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under Xcm exported from Kenya were Tanzania ($X), Uganda ($X) and Ethiopia ($X), together accounting for X% of total exports. Rwanda, Zambia, Congo, Malawi and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Congo, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for self-adhesive plastic tape in rolls of a width under Xcm stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price, however, recorded perceptible growth. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Congo ($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 Uganda (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Kenya

After two years of growth, overseas purchases of self-adhesive plastic tape in rolls of a width under Xcm decreased by X% to X tons in 2022. In general, imports saw a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm fell remarkably to $X in 2022. Overall, imports continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under Xcm supplier to Kenya, with a X% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under Xcm from China exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold. The third position in this ranking was held by Italy (X tons), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under Xcm to Kenya, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under Xcm stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :