Kenya: Market for Polypropylene in Primary Forms 2024

Market Size for Polypropylene in Primary Forms in Kenya

The Kenyan polypropylene in primary forms market contracted to $X in 2022, falling by -11.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +14.3% against 2020 indices. Polypropylene in primary forms consumption peaked at $X in 2021, and then contracted in the following year.

Exports of Polypropylene in Primary Forms

Exports from Kenya

In 2022, exports of polypropylene in primary forms from Kenya skyrocketed to X tons, surging by 60% on 2021. In general, exports recorded significant growth. The growth pace was the most rapid in 2016 when exports increased by 316% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, polypropylene in primary forms exports skyrocketed to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 254%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons) was the main destination for polypropylene in primary forms exports from Kenya, accounting for a 71% share of total exports. Moreover, polypropylene in primary forms exports to Uganda exceeded the volume sent to the second major destination, Rwanda (X tons), sixfold. The third position in this ranking was taken by Tanzania (X tons), with a 7% share.

From 2012 to 2022, the average annual growth rate of volume to Uganda stood at +52.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+72.9% per year) and Tanzania (+2.1% per year).

In value terms, Uganda ($X) emerged as the key foreign market for polypropylene in primary forms exports from Kenya, comprising 68% of total exports. The second position in the ranking was held by Rwanda ($X), with a 10% share of total exports. It was followed by Tanzania, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value to Uganda amounted to +56.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+57.3% per year) and Tanzania (+6.2% per year).

Export Prices by Country

In 2022, the average polypropylene in primary forms export price amounted to $X per ton, waning by -19.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 38%. The export price peaked at $X per ton in 2015; however, from 2016 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 Democratic Republic of the Congo ($X per ton), while the average price for exports to Italy ($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 (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polypropylene in Primary Forms

Imports into Kenya

In 2022, imports of polypropylene in primary forms into Kenya reached X tons, remaining relatively unchanged against the previous year. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 65% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, polypropylene in primary forms imports fell to $X in 2022. Overall, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 47% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest polypropylene in primary forms supplier to Kenya, with a 50% share of total imports. Moreover, polypropylene in primary forms imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. China (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+5.5% per year) and China (+35.9% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polypropylene in primary forms to Kenya, comprising 50% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 19% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+1.7% per year) and China (+35.6% per year).

Import Prices by Country

The average polypropylene in primary forms import price stood at $X per ton in 2022, declining by -15.7% against the previous year. In general, the import price saw a slight slump. The pace of growth appeared the most rapid in 2021 an increase of 45%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Africa ($X per ton) and South Korea ($X per ton), while the price for India ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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