Kenya: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Kenya

The Kenyan market for rigid tubes, pipes and hoses of polymers of vinyl chloride totaled $X in 2022, almost unchanged from the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.2% 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 +3.9% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Kenya

In value terms, vinyl chloride polymer rigid pipes production rose to $X in 2022 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 50%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Kenya

In 2022, overseas shipments of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -11.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2015 when exports increased by 157% 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, vinyl chloride polymer rigid pipes exports dropped notably to $X in 2022. Overall, exports, however, showed a strong expansion. The growth pace was the most rapid in 2015 with an increase of 158% against the previous year. The exports peaked at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Burundi (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Kenya, with a 58% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to Burundi exceeded the volume sent to the second major destination, Zambia (X tons), threefold. Uganda (X tons) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to Burundi amounted to +39.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+1.0% per year) and Uganda (+8.2% per year).

In value terms, Burundi ($X), Zambia ($X) and Uganda ($X) constituted the largest markets for vinyl chloride polymer rigid pipes exported from Kenya worldwide, with a combined 85% share of total exports.

Burundi, with a CAGR of +38.7%, recorded 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

The average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, with a decrease of -4.7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Zambia ($X per ton), while the average price for exports to Burundi ($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 Zambia (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Kenya

In 2022, approx. X tons of rigid tubes, pipes and hoses of polymers of vinyl chloride were imported into Kenya; falling by -15.9% compared with 2021 figures. In general, imports, however, posted modest growth. The pace of growth was the most pronounced in 2014 with an increase of 314% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes imports fell significantly to $X in 2022. Over the period under review, imports, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of 292%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Italy (X tons) and India (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to Kenya, together comprising 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +57.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and India ($X) were the largest vinyl chloride polymer rigid pipes suppliers to Kenya, with a combined 92% share of total imports.

Italy, with a CAGR of +42.5%, recorded the highest growth rate of 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

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, which is down by -5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16% 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 failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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