Price for Aluminium; Powders and Flakes in Kenya - 2021

Contents:

  1. Price for Aluminium; Powders and Flakes in Kenya (CIF) - 2022
  2. Price for Aluminium; Powders and Flakes in Kenya (FOB) - 2022
  3. Imports of Aluminium; Powders and Flakes in Kenya
  4. Exports of Aluminium; Powders and Flakes in Kenya

Price for Aluminium; Powders and Flakes in Kenya (CIF) - 2022

The average aluminium; powders and flakes import price stood at $5,740 per ton in 2022, with an increase of 15% against the previous year. Overall, the import price, however, saw a slight decrease. The growth pace was the most rapid in 2016 when the average import price increased by 99%. The import price peaked at $12,192 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($5,839 per ton), while the price for China amounted to $1,447 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-2.5%).

Price for Aluminium; Powders and Flakes in Kenya (FOB) - 2022

The average aluminium; powders and flakes export price stood at $3,900 per ton in 2022, standing approx. at the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,105 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($4,067 per ton), while the average price for exports to Rwanda ($1,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (-17.8%).

Imports of Aluminium; Powders and Flakes in Kenya

In 2022, purchases abroad of aluminium; powders and flakeses was finally on the rise to reach 473 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; powders and flakes imports skyrocketed to $2.7M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Powders and Flakes in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom11.214.07.12,701522.4%
China0.10.10.215.5437.2%
Germany19.96.82.1N/A-67.5%
Others0.40.20.10.720.5%
Total31.621.19.52,717341.4%

Top Suppliers of Aluminium; Powders and Flakes to Kenya in 2022:

  1. United Kingdom (462.6 tons)
  2. China (10.7 tons)

Exports of Aluminium; Powders and Flakes in Kenya

In 2022, aluminium; powders and flakes exports from Kenya was estimated at 20 kg, remaining constant against the year before. Overall, exports enjoyed a measured expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, aluminium; powders and flakes exports stood at $78 in 2022. Over the period under review, exports saw a significant decrease. The smallest decline of 99.9% was in 2021.

Export of Aluminium; Powders and Flakes in Kenya (USD)
COUNTRY202020212022CAGR,
2020-2022
MalaysiaN/AN/A61.00%
NigeriaN/AN/A16.00%
Rwanda154N/A1.0-91.9%
OthersN/AN/AN/A0%
Total154N/A78.0-28.8%

Top Export Markets for Aluminium; Powders and Flakes from Kenya in 2022:

  1. Malaysia (15.0 kg)
  2. Nigeria (4.0 kg)
  3. Rwanda (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Aluminium; powders and flakes - Kenya