Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $6,223 per ton, remaining stable against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 41% against the previous year. The import price peaked at $6,813 per ton in 2012; however, from 2013 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 Arab Emirates ($16,667 per ton), while the price for Egypt ($540 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 Arab Emirates (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $63,700 per ton in 2022, growing by 1,032% against the previous year. In general, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +21.7% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya
Imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Kenya surged to 29 tons in 2022, with an increase of 32% against the previous year's figure. Over the period under review, imports, however, saw a deep reduction.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $179K in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 48%. As a result, imports attained the peak of $267K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 47.6 | 148 | 60.3 | 83.7 | 20.7% |
| Germany | 1.5 | 31.4 | 23.0 | 70.3 | 260.5% |
| China | 96.3 | 13.4 | 5.2 | 23.5 | -37.5% |
| Egypt | N/A | N/A | N/A | 0.7 | 0% |
| South Korea | 16.4 | 12.5 | 9.0 | N/A | -25.9% |
| Bahrain | N/A | 39.1 | N/A | N/A | 0% |
| Others | 19.2 | 22.6 | 36.8 | 0.8 | -65.3% |
| Total | 181 | 267 | 134 | 179 | -0.4% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Kenya in 2022:
- India (13.4 tons)
- Germany (8.0 tons)
- China (6.1 tons)
- Egypt (1.3 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses exported from Kenya contracted rapidly to 10 kg, waning by -96.9% compared with the year before. Over the period under review, exports saw a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 279% against the previous year. As a result, the exports reached the peak of 326 kg, and then contracted remarkably in the following year.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses fell notably to $637 in 2022. In general, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 159%. As a result, the exports attained the peak of $1.8K, and then declined notably in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 637 | 0% |
| Burundi | N/A | N/A | 1,492 | N/A | 0% |
| Uganda | 88.0 | 69.0 | 93.0 | N/A | 2.8% |
| Rwanda | 185 | 116 | 129 | N/A | -16.5% |
| Democratic Republic of the Congo | 158 | 105 | 120 | N/A | -12.9% |
| Yemen | 1,303 | N/A | N/A | N/A | 0% |
| Others | N/A | 419 | N/A | N/A | 0% |
| Total | 1,734 | 709 | 1,834 | 637 | -28.4% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Kenya in 2022:
- South Korea (10.0 kg)
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