Kenya - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Abs Copolymers Market 2024
Abs Copolymers Market Size in Kenya
In 2021, after two years of growth, there was significant decline in the Kenyan ABS copolymers market, when its value decreased by -11.5% to $X. Overall, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +75.7% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2020, and then fell in the following year.
Abs Copolymers Production in Kenya
In value terms, ABS copolymers production dropped to $X in 2021 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +82.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 57% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then reduced in the following year.
Abs Copolymers Exports
Exports from Kenya
In 2021, shipments abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 3,242% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ABS copolymers exports skyrocketed to $X in 2021. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Slovakia (X tons) was the main destination for ABS copolymers exports from Kenya, accounting for a 93% share of total exports. Moreover, ABS copolymers exports to Slovakia exceeded the volume sent to the second major destination, Uganda (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia totaled +7,063.6%.
In value terms, Slovakia ($X) remains the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Kenya, comprising 93% of total exports. The second position in the ranking was taken by Uganda ($X), with a 5.5% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia stood at +7,349.4%.
Export Prices by Country
In 2021, the average ABS copolymers export price amounted to $X per ton, jumping by 25% against the previous year. Over the period under review, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 967%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Uganda amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+4.0%).
Abs Copolymers Imports
Imports into Kenya
ABS copolymers imports into Kenya declined significantly to X tons in 2021, which is down by -47.5% on the previous year. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 581%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.
In value terms, ABS copolymers imports contracted remarkably to $X in 2021. Overall, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2014 when imports increased by 666% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.
Imports by Country
South Korea (X tons), India (X tons) and Thailand (X tons) were the main suppliers of ABS copolymers imports to Kenya, with a combined 77% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +67.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, South Korea ($X) constituted the largest supplier of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms to Kenya, comprising 54% of total imports. The second position in the ranking was taken by India ($X), with a 23% share of total imports. It was followed by China, with a 6.8% share.
From 2012 to 2021, the average annual growth rate of value from South Korea amounted to +64.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+28.3% per year) and China (+16.8% per year).
Import Prices by Country
In 2021, the average ABS copolymers import price amounted to $X per ton, dropping by -10.8% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 an increase of 90%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+9.3%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
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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