Kenya: Polyethylene Binder Market 2025

Polyethylene Binder Market Size in Kenya

The Kenyan polyethylene binder market declined slightly to $X in 2022, dropping by -2.8% against the previous year. Overall, consumption, however, recorded a moderate increase. Polyethylene binder consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Polyethylene Binder Production in Kenya

In value terms, polyethylene binder production shrank modestly to $X in 2022 estimated in export price. In general, production, however, recorded buoyant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 139%. Polyethylene binder production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Polyethylene Binder Exports

Exports from Kenya

In 2022, after two years of growth, there was significant decline in shipments abroad of polyethylene or polypropylene binder or baler (agricultural) twines, when their volume decreased by -40.8% to X tons. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2015 with an increase of 760%. The exports peaked at X tons in 2021, and then shrank markedly in the following year.

In value terms, polyethylene binder exports declined sharply to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,163%. Over the period under review, the exports attained the maximum at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Tanzania (X tons), Rwanda (X tons) and Uganda (X tons) were the main destinations of polyethylene binder exports from Kenya, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +54.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uganda ($X), Tanzania ($X) and Rwanda ($X) were the largest markets for polyethylene binder exported from Kenya worldwide, with a combined 98% share of total exports.

Among the main countries of destination, Uganda, with a CAGR of +47.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average polyethylene binder export price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the export price saw a mild reduction. The growth pace was the most rapid in 2013 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Rwanda ($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 (+8.3%), while the prices for the other major destinations experienced a decline.

Polyethylene Binder Imports

Imports into Kenya

Polyethylene binder imports into Kenya dropped notably to X tons in 2022, which is down by -37.3% against the previous year's figure. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 292%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, polyethylene binder imports shrank dramatically to $X in 2022. Over the period under review, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 340%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest polyethylene binder supplier to Kenya, with a 57% share of total imports. Moreover, polyethylene binder imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. India (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-5.3% per year) and India (+57.5% per year).

In value terms, China ($X) constituted the largest supplier of polyethylene or polypropylene binder or baler (agricultural) twines to Kenya, comprising 51% of total imports. The second position in the ranking was held by Hungary ($X), with a 20% share of total imports. It was followed by South Africa, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-2.6% per year) and South Africa (+85.2% per year).

Import Prices by Country

The average polyethylene binder import price stood at $X per ton in 2022, declining by -2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 South Africa ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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