Report Update Feb 1, 2025

Kenya - Thermoforming Machines for Working Rubber or Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Thermoforming Machine Market 2025

Thermoforming Machine Market Size in Kenya

After two years of growth, the Kenyan thermoforming machine market decreased by -62.8% to $X in 2021. In general, consumption, however, continues to indicate prominent growth. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank sharply in the following year.

Thermoforming Machine Exports

Exports from Kenya

In 2019, approx. X units of thermoforming machines for working rubber or plastics were exported from Kenya; declining by -50% against the previous year's figure. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 100% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

In value terms, thermoforming machine exports declined remarkably to $X in 2019. In general, exports saw a precipitous decrease. The growth pace was the most rapid in 2014 with an increase of 4,782%. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for thermoforming machine exports from Kenya, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Democratic Republic of the Congo was relatively modest.

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for thermoforming machines for working rubber or plastics exports from Kenya.

From 2012 to 2019, the average annual rate of growth in terms of value to Democratic Republic of the Congo amounted to -77.8%.

Export Prices by Country

The average thermoforming machine export price stood at $X per unit in 2019, with a decrease of -82.6% against the previous year. Overall, the export price continues to indicate a precipitous descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 5,312% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2019, the rate of growth in terms of prices for Rwanda amounted to -5.1% per year.

Thermoforming Machine Imports

Imports into Kenya

In 2021, supplies from abroad of thermoforming machines for working rubber or plastics decreased by -66.2% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 140% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then declined dramatically in the following year.

In value terms, thermoforming machine imports reduced notably to $X in 2021. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 95%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest thermoforming machine supplier to Kenya, accounting for a 60% share of total imports. Moreover, thermoforming machine imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +52.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.1% per year) and Taiwan (Chinese) (+5.8% per year).

In value terms, the Netherlands ($X), China ($X) and India ($X) appeared to be the largest thermoforming machine suppliers to Kenya, with a combined 29% share of total imports.

The Netherlands, with a CAGR of +75.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average thermoforming machine import price stood at $X per unit in 2021, increasing by 57% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 92% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for thermoforming machines for working rubber or plastics in the world?

Thailand constituted the country with the largest volume of thermoforming machine consumption, comprising approx. 19% of total volume. Moreover, thermoforming machine consumption in Thailand exceeded the figures recorded by the second-largest consumer, South Korea, twofold. The third position in this ranking was occupied by Vietnam, with a 7.9% share.

What are the largest producers of thermoforming machines for working rubber or plastics in the world?

The countries with the highest volumes of in 2021 were Taiwan Chinese), China and South Korea, together accounting for 66% of global production.

What are the leading suppliers of thermoforming machines for working rubber or plastics to Kenya?

In value terms, Turkey constituted the largest supplier of thermoforming machine to Kenya, comprising 74% of total imports. The second position in the ranking was occupied by China, with a 12% share of total imports. It was followed by India, with a 6.7% share.

What is the average export price for thermoforming machines for working rubber or plastics in Kenya?

In 2019, the average thermoforming machine export price amounted to $395 per unit, growing by 310% against the previous year.

What is the average import price for thermoforming machines for working rubber or plastics in Kenya?

In 2021, the average thermoforming machine import price amounted to $13,427 per unit, jumping by 319% against the previous year.

This report provides an in-depth analysis of the thermoforming machine market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28961050 - Vacuum-moulding machines and other thermoforming machines for working rubber or plastics or for manufacturing rubber or plastic products

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024