Report Update Nov 1, 2024

Kenya - Extruders for Working Rubber or Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Plastic Extruder Market 2024

Plastic Extruder Market Size in Kenya

In 2021, the Kenyan plastic extruder market increased by 182% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Plastic Extruder Exports

Exports from Kenya

In 2021, exports of extruders for working rubber or plastics from Kenya skyrocketed to X units, rising by 230% compared with 2020 figures. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 6,700%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, plastic extruder exports skyrocketed to $X in 2021. Over the period under review, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2018 when exports increased by 5,300% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Tanzania (X units) was the main destination for plastic extruder exports from Kenya, accounting for a 55% share of total exports. Moreover, plastic extruder exports to Tanzania exceeded the volume sent to the second major destination, South Africa (X units), threefold. India (X units) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania amounted to +500.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-8.2% per year) and India (+25.8% per year).

In value terms, the largest markets for plastic extruder exported from Kenya were India ($X), Tanzania ($X) and South Africa ($X), together accounting for 93% of total exports. Rwanda, the UK and Uganda lagged somewhat behind, together comprising a further 6.9%.

The UK, with a CAGR of +93.5%, saw the highest growth rate of the value of exports, in terms of 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

The average plastic extruder export price stood at $X per unit in 2021, rising by 42% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 277% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+59.7%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Extruder Imports

Imports into Kenya

In 2021, supplies from abroad of extruders for working rubber or plastics increased by 125% to X units, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic extruder imports skyrocketed to $X in 2021. In general, imports saw resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest plastic extruder supplier to Kenya, accounting for a 43% share of total imports. Moreover, plastic extruder imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by India (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +42.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+29.7% per year) and India (+9.4% per year).

In value terms, China ($X), India ($X) and Italy ($X) constituted the largest plastic extruder suppliers to Kenya, together accounting for 47% of total imports.

Among the main suppliers, Italy, with a CAGR of +33.5%, 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

The average plastic extruder import price stood at $X per unit in 2021, growing by 65% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per unit), while the price for Jordan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for extruders for working rubber or plastics in the world?

The countries with the highest volumes of plastic extruder consumption in 2020 were China, Germany and India, together comprising 32% of global consumption. The United States, Turkey, Pakistan, South Korea, the UK, Brazil, Thailand, Indonesia, Vietnam and Russia lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of extruders for working rubber or plastics in the world?

The countries with the highest volumes of plastic extruder production in 2020 were China, Germany and India, together comprising 49% of global production. The United States, Taiwan Chinese), the UK, Pakistan, Japan, Brazil, Italy and Mexico lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of extruders for working rubber or plastics to Kenya?

In value terms, China constituted the largest supplier of plastic extruder to Kenya, comprising 40% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 2.7% share of total imports.

What are the leading importers of extruders for working rubber or plastics from Kenya?

In value terms, Uganda remains the key foreign market for plastic extruder exports from Kenya, comprising 79% of total exports. The second position in the ranking was occupied by South Africa, with a 3.2% share of total exports.

What is the average export price for extruders for working rubber or plastics in Kenya?

In 2020, the average plastic extruder export price amounted to $4,477 per unit, which is down by -10.8% against the previous year.

What is the average import price for extruders for working rubber or plastics in Kenya?

In 2020, the average plastic extruder import price amounted to $17,196 per unit, declining by -3% against the previous year.

This report provides an in-depth analysis of the plastic extruder 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 28961030 - Extruders for working rubber or plastics, or for manufacturing rubber or plastic products

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023