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Kenya - Plastic Packaging - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Packaging Price in Kenya - 2021
Contents:
- Plastic Packaging Price in Kenya (FOB) - 2022
- Plastic Packaging Price in Kenya (CIF) - 2022
- Plastic Packaging Exports in Kenya
- Plastic Packaging Imports in Kenya
Plastic Packaging Price in Kenya (FOB) - 2022
The average plastic packaging export price stood at $2,337 per ton in 2022, surging by 31% against the previous year. In general, the export price, however, saw a perceptible curtailment. The export price peaked at $3,275 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($3,102 per ton), while the average price for exports to Tanzania ($1,959 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 (+5.5%), while the prices for the other major destinations experienced a decline.
Plastic Packaging Price in Kenya (CIF) - 2022
The average plastic packaging import price stood at $3,720 per ton in 2022, jumping by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2016 when the average import price increased by 35%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($7,108 per ton), while the price for Uganda ($1,780 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Packaging Exports in Kenya
After three years of growth, shipments abroad of plastic packaging decreased by -32% to 8.9K tons in 2022. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of 13K tons, and then shrank rapidly in the following year.
In value terms, plastic packaging exports shrank to $21M in 2022. Over the period under review, exports saw a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 8.1% against the previous year. As a result, the exports attained the peak of $23M, and then dropped in the following year.
Export of Plastic Packaging in Kenya (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 7.4 | 5.2 | 7.7 | 8.5 | 4.7% |
Uganda | 3.5 | 3.7 | 4.4 | 4.7 | 10.3% |
Rwanda | 3.6 | 4.2 | 4.7 | 4.0 | 3.6% |
Ethiopia | 2.2 | 1.5 | 0.9 | 1.0 | -23.1% |
Democratic Republic of the Congo | 2.6 | 1.4 | 1.5 | 0.5 | -42.3% |
Burundi | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
South Africa | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
South Sudan | 0.9 | 2.2 | 1.5 | 0.3 | -30.7% |
Others | 2.1 | 2.7 | 1.9 | 1.1 | -19.4% |
Total | 23.4 | 21.6 | 23.4 | 20.9 | -3.7% |
Top Export Markets for Plastic Packaging from Kenya in 2022:
- Tanzania (4354.1 tons)
- Uganda (1912.7 tons)
- Rwanda (1465.9 tons)
- Ethiopia (312.0 tons)
- South Africa (211.4 tons)
- Burundi (175.6 tons)
- Democratic Republic of the Congo (152.0 tons)
- South Sudan (87.6 tons)
Plastic Packaging Imports in Kenya
In 2022, approx. 6.5K tons of plastic packaging were imported into Kenya; which is down by -34.2% against 2021. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 83%. As a result, imports reached the peak of 9.9K tons, and then reduced markedly in the following year.
In value terms, plastic packaging imports dropped markedly to $24M in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 92%. As a result, imports reached the peak of $31M, and then reduced markedly in the following year.
Import of Plastic Packaging in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.5 | 4.7 | 6.5 | 4.1 | -3.1% |
Egypt | 0.8 | 0.7 | 1.2 | 3.0 | 55.4% |
India | 1.5 | 1.2 | 2.4 | 2.9 | 24.6% |
Italy | 0.8 | 0.2 | 1.2 | 0.9 | 4.0% |
South Africa | 0.4 | 0.2 | 0.6 | 0.9 | 31.0% |
Uganda | 0.6 | 0.4 | 0.5 | 0.9 | 14.5% |
Sri Lanka | 0.7 | 1.4 | 1.3 | 0.6 | -5.0% |
Taiwan (Chinese) | 0.9 | 0.6 | 0.6 | 0.5 | -17.8% |
United Kingdom | 0.6 | 0.5 | 0.7 | 0.5 | -5.9% |
Hong Kong SAR | 3.6 | 1.0 | 2.4 | 0.5 | -48.2% |
Turkey | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
United Arab Emirates | 1.6 | 1.5 | 0.8 | 0.3 | -42.8% |
Others | 6.2 | 3.7 | 12.7 | 8.9 | 12.8% |
Total | 22.3 | 16.3 | 31.3 | 24.3 | 2.9% |
Top Suppliers of Plastic Packaging to Kenya in 2022:
- China (1535.0 tons)
- Egypt (1291.0 tons)
- India (760.5 tons)
- Uganda (488.2 tons)
- South Africa (236.6 tons)
- United Arab Emirates (143.8 tons)
- United Kingdom (141.5 tons)
- Sri Lanka (132.7 tons)
- Turkey (126.2 tons)
- Italy (126.1 tons)
- Taiwan (Chinese) (81.1 tons)
- Hong Kong SAR (67.6 tons)
This report provides an in-depth analysis of the plastic packaging market 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 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
- Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
- Prodcom 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
- Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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