Kenya: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Kenya

In 2022, the Kenyan non-cellular polyvinyl chloride film market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a prominent increase. Non-cellular polyvinyl chloride film consumption peaked in 2022 and is likely to see gradual growth in the near future.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from Kenya

In 2022, the amount of non-cellular polyvinyl chloride films, sheets, foil and strip exported from Kenya contracted remarkably to X tons, declining by -68.9% against the previous year. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 217% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, non-cellular polyvinyl chloride film exports dropped notably to $X in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 113% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Uganda (X tons) was the main destination for non-cellular polyvinyl chloride film exports from Kenya, accounting for a 37% share of total exports. Moreover, non-cellular polyvinyl chloride film exports to Uganda exceeded the volume sent to the second major destination, Zambia (X tons), threefold. The third position in this ranking was taken by Ethiopia (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uganda amounted to -10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (-2.4% per year) and Ethiopia (+5.7% per year).

In value terms, the largest markets for non-cellular polyvinyl chloride film exported from Kenya were Uganda ($X), Ethiopia ($X) and Zambia ($X), together accounting for 67% of total exports.

Ethiopia, with a CAGR of +11.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average non-cellular polyvinyl chloride film export price amounted to $X per ton, increasing by 21% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 42%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Somalia ($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 (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into Kenya

In 2022, overseas purchases of non-cellular polyvinyl chloride films, sheets, foil and strip were finally on the rise to reach X tons after three years of decline. In general, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by 204% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, non-cellular polyvinyl chloride film imports soared to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 143%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-cellular polyvinyl chloride film to Kenya, accounting for a 36% share of total imports. Moreover, non-cellular polyvinyl chloride film imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+67.3% per year) and India (-0.2% per year).

In value terms, the largest non-cellular polyvinyl chloride film suppliers to Kenya were India ($X), Turkey ($X) and China ($X), with a combined 66% share of total imports. Thailand, South Korea, Poland, France, Switzerland, Uruguay and the United Arab Emirates lagged somewhat behind, together accounting for a further 20%.

Uruguay, with a CAGR of +72.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-cellular polyvinyl chloride film import price amounted to $X per ton, jumping by 17% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-cellular polyvinyl chloride film import price increased by +63.6% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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