Glass Container Market Overview in Kenya
In value terms, glass container production reached $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2012 with an increase of % y-o-y. Glass container production peaked at $ in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.
The revenue of the glass container market in Kenya expanded slightly to $ in 2019, picking up by % 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). In general, consumption, however, enjoyed a strong increase. The growth pace was the most rapid in 2011 with an increase of % year-to-year. Over the period under review, the market reached the peak level at $ in 2015; however, from 2016 to 2019, consumption remained at a lower figure.