Kenya: Styrene-Acrylonitrile Market 2025

Styrene-Acrylonitrile Market Size in Kenya

The Kenyan styrene-acrylonitrile market dropped to $X in 2022, which is down by X% against the previous year. In general, consumption, however, saw resilient growth. Styrene-acrylonitrile consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Styrene-Acrylonitrile Production in Kenya

In value terms, styrene-acrylonitrile production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Styrene-acrylonitrile production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Styrene-Acrylonitrile Exports

Exports from Kenya

In 2022, overseas shipments of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, styrene-acrylonitrile exports dropped notably to $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Burundi (X tons), Rwanda (X tons) and Uganda (X tons) were the main destinations of styrene-acrylonitrile exports from Kenya, with a combined X% share of total exports.

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

In value terms, Burundi ($X), Rwanda ($X) and Uganda ($X) appeared to be the largest markets for styrene-acrylonitrile exported from Kenya worldwide, together comprising X% of total exports.

Burundi, with a CAGR of X%, recorded the highest rates of growth with regard to 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 styrene-acrylonitrile export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 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 Burundi ($X per ton), while the average price for exports to Zambia ($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 Malawi (X%), while the prices for the other major destinations experienced a decline.

Styrene-Acrylonitrile Imports

Imports into Kenya

In 2022, purchases abroad of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, styrene-acrylonitrile imports rose significantly to $X in 2022. Over the period under review, imports recorded buoyant growth. The growth pace was the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Egypt (X tons) and South Africa (X tons) were the main suppliers of styrene-acrylonitrile imports to Kenya, with a combined X% share of total imports.

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

In value terms, the largest styrene-acrylonitrile suppliers to Kenya were South Africa ($X), China ($X) and South Korea ($X), together comprising X% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 styrene-acrylonitrile import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 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 South Korea ($X per ton), while the price for Thailand ($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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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