Report Update Nov 1, 2024

Kenya - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Glass Closure Market 2024

Glass Closure Market Size in Kenya

The Kenyan glass closure market fell to $X in 2022, shrinking by -6.5% against the previous year. Over the period under review, consumption, however, posted a buoyant expansion. Glass closure consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Glass Closure Production in Kenya

In value terms, glass closure production fell to $X in 2022 estimated in export price. Overall, production, however, recorded a buoyant increase. The growth pace was the most rapid in 2014 when the production volume increased by 44% against the previous year. Glass closure production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Glass Closure Exports

Exports from Kenya

In 2022, overseas shipments of glass stoppers, lids and other closures were finally on the rise to reach X kg after four years of decline. Overall, exports, however, faced a dramatic shrinkage. The growth pace was the most rapid in 2017 when exports increased by 61% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass closure exports expanded slightly to $X in 2022. Over the period under review, exports, however, saw a sharp downturn. The growth pace was the most rapid in 2017 with an increase of 96% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania (X kg) was the main destination for glass closure exports from Kenya, accounting for a 60% share of total exports. Moreover, glass closure exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X kg), twofold. Sweden (X kg) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume to Tanzania stood at -28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-33.4% per year) and Sweden (0.0% per year).

In value terms, Tanzania ($X) remains the key foreign market for glass stoppers, lids and other closures exports from Kenya, comprising 96% of total exports. The second position in the ranking was held by Uganda ($X), with a 1.6% share of total exports. It was followed by Rwanda, with a 0.9% share.

From 2012 to 2022, the average annual growth rate of value to Tanzania amounted to -21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-38.3% per year) and Rwanda (-55.1% per year).

Export Prices by Country

The average glass closure export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2018 an increase of 239%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then fell modestly in the following year.

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 Tanzania ($X per ton), while the average price for exports to Uganda ($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 Rwanda (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.

Glass Closure Imports

Imports into Kenya

After two years of growth, overseas purchases of glass stoppers, lids and other closures decreased by -5.9% to X tons in 2022. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 586%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, glass closure imports declined to $X in 2022. Over the period under review, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2020 when imports increased by 462%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X tons) was the main supplier of glass closure to Kenya, with a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Egypt totaled +15.3%.

In value terms, Egypt ($X) constituted the largest supplier of glass stoppers, lids and other closures to Kenya.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to -3.4%.

Import Prices by Country

In 2022, the average glass closure import price amounted to $X per ton, declining by -6.2% against the previous year. Overall, the import price faced a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 21%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -16.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass stoppers, lids and other closures in the world?

China remains the largest glass closure consuming country worldwide, accounting for 17% of total volume. Moreover, glass closure consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the largest producers of glass stoppers, lids and other closures in the world?

China constituted the country with the largest volume of glass closure production, comprising approx. 18% of total volume. Moreover, glass closure production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of glass stoppers, lids and other closures to Kenya?

In value terms, China constituted the largest supplier of glass closure to Kenya, comprising 61% of total imports. The second position in the ranking was occupied by India, with a 19% share of total imports.

What are the leading importers of glass stoppers, lids and other closures from Kenya?

In value terms, Tanzania remains the key foreign market for glass closure exports from Kenya, comprising 90% of total exports. The second position in the ranking was occupied by Norway $545), with a 7.2% share of total exports.

What is the average export price for glass stoppers, lids and other closures in Kenya?

In 2021, the average glass closure export price amounted to $22 per unit, dropping by -23.5% against the previous year.

What is the average import price for glass stoppers, lids and other closures in Kenya?

The average glass closure import price stood at $1.7 per unit in 2021, which is down by -10% against the previous year.

This report provides an in-depth analysis of the glass closure 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 23131110 - Glass preserving jars, stoppers, lids and other closures (including stoppers and closures of any material presented with the containers for which they are intended)

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