Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya - 2022
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya (CIF) - 2022
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya (FOB) - 2022
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya (CIF) - 2022
The average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,042 per ton in 2022, rising by 10% against the previous year. Overall, the import price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29%. As a result, import price reached the peak level of $4,373 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($5,504 per ton), while the price for China ($2,875 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+9.2%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya (FOB) - 2022
The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $2,795 per ton in 2022, growing by 52% against the previous year. In general, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 an increase of 97% against the previous year. The export price peaked at $4,376 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($3,652 per ton), while the average price for exports to Rwanda ($1,086 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 (+2.1%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya
In 2022, after three years of growth, there was significant decline in purchases abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s, when their volume decreased by -16.2% to 1.5K tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 +36.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 1.8K tons, and then shrank markedly in the following year.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s contracted to $4.5M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports attained the peak of $4.9M, and then fell in the following year.
| Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 3.2 | 4.1 | 3.5 | 6.5% |
| India | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| United Arab Emirates | 0.3 | 0.1 | 0.2 | 0.3 | 0.0% |
| Egypt | 0.2 | N/A | 0.2 | 0.2 | 0.0% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 3.4 | 3.5 | 4.9 | 4.5 | 9.8% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Kenya in 2022:
- China (1202.2 tons)
- India (159.7 tons)
- United Arab Emirates (92.9 tons)
- Egypt (31.8 tons)
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya
Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Kenya soared to 248 tons in 2022, increasing by 54% against the year before. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 212% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $693K in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 167%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | N/A | 392 | 0% |
| Tanzania | 70.2 | 226 | 150 | 297 | 61.7% |
| Rwanda | 19.5 | 11.9 | 1.7 | 3.3 | -44.7% |
| Democratic Republic of the Congo | 4.0 | 17.5 | 9.4 | N/A | 53.3% |
| United States | N/A | N/A | 133 | N/A | 0% |
| Others | 4.7 | 7.4 | 1.9 | 1.0 | -40.3% |
| Total | 98.4 | 263 | 297 | 693 | 91.7% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Kenya in 2022:
- Nigeria (163.5 tons)
- Tanzania (81.3 tons)
- Rwanda (3.1 tons)
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This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Kenya.
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This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Kenya.
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This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
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