Kenya - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Rolled Bitumen Products Price in Kenya - 2021
Contents:
- Non-Rolled Bitumen Products Price in Kenya (CIF) - 2022
- Non-Rolled Bitumen Products Price in Kenya (FOB) - 2022
- Non-Rolled Bitumen Products Imports in Kenya
- Non-Rolled Bitumen Products Exports in Kenya
Non-Rolled Bitumen Products Price in Kenya (CIF) - 2022
The average non-rolled bitumen products import price stood at $663 per ton in 2022, with an increase of 7.9% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of 49%. Over the period under review, average import prices attained the maximum at $834 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 the United States ($3,619 per ton), while the price for Turkey ($447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Rolled Bitumen Products Price in Kenya (FOB) - 2022
The average non-rolled bitumen products export price stood at $584 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 28% against the previous year. The export price peaked at $2,330 per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 Tanzania ($1,752 per ton), while the average price for exports to Democratic Republic of the Congo ($167 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 Tanzania (-1.6%), while the prices for the other major destinations experienced a decline.
Non-Rolled Bitumen Products Imports in Kenya
In 2022, the amount of non-rolled bitumen products imported into Kenya rose remarkably to 893 tons, increasing by 6.5% compared with 2021. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 73% against the previous year. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, non-rolled bitumen products imports expanded notably to $592K in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35%. As a result, imports attained the peak of $668K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Non-Rolled Bitumen Products in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.6 | 7.1 | 67.9 | 104 | 139.2% |
Italy | 85.7 | 157 | 85.4 | 90.8 | 1.9% |
Slovakia | 46.8 | 70.1 | 46.4 | 71.5 | 15.2% |
China | 109 | 46.8 | 32.6 | 35.4 | -31.3% |
Egypt | 12.3 | 68.8 | 60.5 | 33.8 | 40.1% |
United Arab Emirates | 64.8 | 10.3 | 0.8 | 24.4 | -27.8% |
Turkey | 9.7 | 25.9 | 14.6 | 21.7 | 30.8% |
Finland | 8.4 | 8.9 | 8.1 | 9.6 | 4.6% |
Others | 151 | 273 | 199 | 201 | 10.0% |
Total | 496 | 668 | 515 | 592 | 6.1% |
Top Suppliers of Non-Rolled Bitumen Products to Kenya in 2022:
- Italy (168.5 tons)
- Slovakia (135.6 tons)
- China (69.9 tons)
- Egypt (53.1 tons)
- Turkey (48.5 tons)
- United Arab Emirates (41.7 tons)
- United States (28.6 tons)
- Finland (11.6 tons)
Non-Rolled Bitumen Products Exports in Kenya
In 2022, the amount of non-rolled bitumen products exported from Kenya contracted remarkably to 1.9 tons, reducing by -32.6% against 2021 figures. Over the period under review, exports, however, enjoyed temperate growth. The growth pace was the most rapid in 2021 when exports increased by 225% against the previous year. As a result, the exports attained the peak of 2.9 tons, and then fell markedly in the following year.
In value terms, non-rolled bitumen products exports reduced sharply to $1.1K in 2022. In general, exports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 173%. As a result, the exports attained the peak of $1.7K, and then dropped markedly in the following year.
Export of Non-Rolled Bitumen Products in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 712 | 466 | 1,238 | 501 | -11.1% |
Uganda | 31.0 | 27.0 | 145 | 497 | 152.2% |
Rwanda | 76.0 | 40.0 | 125 | 73.0 | -1.3% |
Democratic Republic of the Congo | 153 | 76.0 | 153 | 47.0 | -32.5% |
Somalia | 378 | N/A | N/A | N/A | 0% |
Others | 6.0 | N/A | 2.0 | 18.0 | 44.2% |
Total | 1,356 | 609 | 1,663 | 1,136 | -5.7% |
Top Export Markets for Non-Rolled Bitumen Products from Kenya in 2022:
- Uganda (1291.0 kg)
- Tanzania (286.0 kg)
- Democratic Republic of the Congo (281.0 kg)
- Rwanda (84.0 kg)
This report provides an in-depth analysis of the non-rolled bitumen products 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 23991290 - Products based on bitumen (excluding in rolls)
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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