Kenya - Carbon Electrodes For Furnaces - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kenya - Carbon Electrodes For Furnaces - Market Analysis, Forecast, Size, Trends And Insights

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Furnace Carbon Electrode Price in Kenya - 2022

Contents:

  1. Furnace Carbon Electrode Price in Kenya (CIF) - 2022
  2. Furnace Carbon Electrode Price in Kenya (FOB) - 2022
  3. Furnace Carbon Electrode Imports in Kenya
  4. Furnace Carbon Electrode Exports in Kenya

Furnace Carbon Electrode Price in Kenya (CIF) - 2022

In 2022, the average furnace carbon electrode import price amounted to $8,893 per ton, dropping by -42.1% against the previous year. In general, the import price saw a mild decrease. The growth pace was the most rapid in 2018 an increase of 70%. As a result, import price reached the peak level of $29,090 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($24,628 per ton), while the price for China ($2,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Furnace Carbon Electrode Price in Kenya (FOB) - 2022

The average furnace carbon electrode export price stood at $2,278 per ton in 2022, falling by -2.1% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 97% against the previous year. As a result, the export price attained the peak level of $6,438 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -0.3% per year.

Furnace Carbon Electrode Imports in Kenya

For the fourth year in a row, Kenya recorded growth in supplies from abroad of carbon electrodes for furnaces, which increased by 38% to 6.3 tons in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 107%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, furnace carbon electrode imports fell significantly to $56K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. As a result, imports reached the peak of $70K, and then contracted sharply in the following year.

Import of Furnace Carbon Electrode in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.425.28.118.5259.0%
Germany3.71.010.216.062.9%
United Kingdom3.43.53.69.339.9%
China1.72.23.55.043.3%
South Africa2.13.26.83.922.9%
Hong Kong SARN/AN/A3.2N/A0%
United Arab Emirates11.4N/AN/AN/A0%
Others2.36.935.13.515.0%
Total25.042.070.456.231.0%

Top Suppliers of Furnace Carbon Electrode to Kenya in 2022:

  1. India (2.5 tons)
  2. China (2.3 tons)
  3. Germany (0.7 tons)
  4. South Africa (0.5 tons)
  5. United Kingdom (0.4 tons)

Furnace Carbon Electrode Exports in Kenya

In 2022, the amount of carbon electrodes for furnaces exported from Kenya expanded markedly to 115 kg, growing by 14% on the previous year's figure. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 105%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, furnace carbon electrode exports reached $262 in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 99%. As a result, the exports attained the peak of $292. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Furnace Carbon Electrode in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania13627522124922.3%
Others11.017.014.013.05.7%
Total14729223526221.2%

Top Export Markets for Furnace Carbon Electrode from Kenya in 2022:

  1. Tanzania (113.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the furnace carbon electrode 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 27901330 - Carbon electrodes for furnaces

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Carbon Electrodes For Furnaces - Kenya