Kenya: Plastic Box Market 2024

Plastic Box Market Size in Kenya

The Kenyan plastic box market dropped to $X in 2022, shrinking by -6.3% against the previous year. In general, consumption showed a perceptible slump. Plastic box consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Plastic Box Production in Kenya

In value terms, plastic box production shrank to $X in 2022 estimated in export price. In general, production showed a perceptible reduction. The pace of growth appeared the most rapid in 2015 with an increase of 47% against the previous year. Plastic box production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Plastic Box Exports

Exports from Kenya

Plastic box exports from Kenya stood at X tons in 2022, surging by 2.3% against 2021 figures. Overall, exports, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2019 when exports increased by 50% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic box exports contracted to $X in 2022. In general, exports, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 43% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons), Tanzania (X tons) and Rwanda (X tons) were the main destinations of plastic box exports from Kenya, with a combined 88% share of total exports. Eritrea, Djibouti and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 8.3%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Eritrea (with a CAGR of +32.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic box exported from Kenya were Tanzania ($X), Uganda ($X) and Djibouti ($X), with a combined 84% share of total exports. Rwanda, Eritrea and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 9.8%.

Eritrea, with a CAGR of +15.9%, saw the highest growth rate of the value of exports, among 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

In 2022, the average plastic box export price amounted to $X per ton, shrinking by -15.9% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The growth pace was the most rapid in 2021 when the average export price increased by 46%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Djibouti ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Tanzania (-3.9%), while the prices for the other major destinations experienced a decline.

Plastic Box Imports

Imports into Kenya

In 2022, the amount of plastic boxes, cases, crates and similar packing articles imported into Kenya shrank slightly to X tons, leveling off at the year before. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 39%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, plastic box imports contracted to $X in 2022. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 45% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Uganda (X tons), China (X tons) and India (X tons) were the main suppliers of plastic box imports to Kenya, with a combined 73% share of total imports. The UK, the Netherlands, Turkey, the United Arab Emirates, Egypt, Rwanda and Tanzania lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +51.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of plastic boxes, cases, crates and similar packing articles to Kenya, comprising 43% of total imports. The second position in the ranking was held by India ($X), with a 13% share of total imports. It was followed by Uganda, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+3.5% per year) and Uganda (+2.9% per year).

Import Prices by Country

The average plastic box import price stood at $X per ton in 2022, with a decrease of -9.7% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic box import price increased by +72.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 64% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($X per ton), while the price for Uganda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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