Kenya - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fiber Price in Kenya - 2021
Contents:
- Glass Fiber Price in Kenya (CIF) - 2022
- Glass Fiber Price in Kenya (FOB) - 2022
- Glass Fiber Imports in Kenya
- Glass Fiber Exports in Kenya
Glass Fiber Price in Kenya (CIF) - 2022
The average glass fiber import price stood at $1,986 per ton in 2022, waning by -42.6% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. Over the period under review, average import prices attained the maximum at $4,624 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($11,700 per ton), while the price for China ($1,356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fiber Price in Kenya (FOB) - 2022
In 2022, the average glass fiber export price amounted to $3,770 per ton, increasing by 53% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 77%. As a result, the export price attained the peak level of $6,612 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($6,885 per ton), while the average price for exports to Rwanda ($3,366 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 Democratic Republic of the Congo (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fiber Imports in Kenya
Glass fiber imports into Kenya surged to 1.4K tons in 2022, growing by 35% against 2021 figures. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, glass fiber imports dropped markedly to $2.7M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of $3.5M, and then contracted rapidly in the following year.
| Import of Glass Fiber in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,043 | 918 | 1,595 | 1,542 | 13.9% |
| United Kingdom | 65.0 | 458 | 529 | 493 | 96.5% |
| India | 65.9 | 133 | 276 | 204 | 45.7% |
| United Arab Emirates | 111 | 103 | 74.6 | 121 | 2.9% |
| Egypt | 71.6 | 89.4 | 92.4 | 97.5 | 10.8% |
| Others | 487 | 451 | 927 | 243 | -20.7% |
| Total | 1,843 | 2,153 | 3,495 | 2,701 | 13.6% |
Top Suppliers of Glass Fiber to Kenya in 2022:
- China (1137.6 tons)
- United Arab Emirates (60.3 tons)
- Egypt (53.5 tons)
- United Kingdom (43.4 tons)
- India (34.6 tons)
Glass Fiber Exports in Kenya
In 2022, overseas shipments of voiles, webs, mats and other articles of glass fibers increased by 30% to 29 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a sharp decline.
In value terms, glass fiber exports surged to $108K in 2022. Over the period under review, exports, however, showed a noticeable slump.
| Export of Glass Fiber in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 98.9 | 30.9 | 10.0 | 43.9 | -23.7% |
| Rwanda | 4.6 | 6.5 | 23.2 | 25.4 | 76.7% |
| South Sudan | 0.7 | 0.3 | 0.6 | 18.4 | 197.3% |
| Uganda | 7.5 | 5.0 | 3.2 | 9.5 | 8.2% |
| Democratic Republic of the Congo | 2.2 | 2.6 | 1.5 | 4.8 | 29.7% |
| Zambia | 1.4 | 1.2 | 1.1 | 3.8 | 39.5% |
| Saudi Arabia | N/A | 21.9 | 11.3 | N/A | -48.4% |
| Others | 9.8 | 7.6 | 3.4 | 1.7 | -44.2% |
| Total | 125 | 76.2 | 54.3 | 108 | -4.8% |
Top Export Markets for Glass Fiber from Kenya in 2022:
- Tanzania (12.3 tons)
- Rwanda (7.6 tons)
- South Sudan (5.5 tons)
- Uganda (1.5 tons)
- Zambia (0.9 tons)
- Democratic Republic of the Congo (0.7 tons)
This report provides an in-depth analysis of the glass fiber 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 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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