Price for Moulding Boxes; for Metal Foundry in Kenya - 2021

Contents:

  1. Price for Moulding Boxes; for Metal Foundry in Kenya (FOB) - 2022
  2. Price for Moulding Boxes; for Metal Foundry in Kenya (CIF) - 2022
  3. Exports of Moulding Boxes; for Metal Foundry in Kenya
  4. Imports of Moulding Boxes; for Metal Foundry in Kenya

Price for Moulding Boxes; for Metal Foundry in Kenya (FOB) - 2022

The average export price for moulding boxes; for metal foundries stood at $15,267 per ton in 2022, with an increase of 4.7% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 an increase of 413%. As a result, the export price attained the peak level of $28,333 per ton. From 2016 to 2022, the average 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 Rwanda ($15,291 per ton), while the average price for exports to Tanzania totaled $2,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+3.7%).

Price for Moulding Boxes; for Metal Foundry in Kenya (CIF) - 2022

The average import price for moulding boxes; for metal foundries stood at $5,795 per ton in 2022, with an increase of 12% against the previous year. In general, the import price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2019 an increase of 29% against the previous year. The import price peaked at $8,392 per ton in 2013; however, from 2014 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 Taiwan (Chinese) ($23,068 per ton), while the price for China ($1,435 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Moulding Boxes; for Metal Foundry in Kenya

In 2022, after three years of growth, there was significant decline in shipments abroad of moulding boxes; for metal foundries, when their volume decreased by -42.2% to 3.2 tons. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 547% against the previous year. As a result, the exports attained the peak of 5.5 tons, and then fell dramatically in the following year.

In value terms, moulding boxes; for metal foundry exports reduced remarkably to $48K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 378% against the previous year. As a result, the exports attained the peak of $80K, and then contracted notably in the following year.

Export of Moulding Boxes; for Metal Foundry in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda7.616.678.448.185.0%
EgyptN/AN/A1.1N/A0%
OthersN/AN/AN/AN/A0%
Total7.616.779.648.185.0%

Top Export Markets for Moulding Boxes; for Metal Foundry from Kenya in 2022:

  1. Rwanda (3.1 tons)

Imports of Moulding Boxes; for Metal Foundry in Kenya

After three years of growth, purchases abroad of moulding boxes; for metal foundries decreased by -29.9% to 9.9 tons in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 162% against the previous year.

In value terms, moulding boxes; for metal foundry imports reduced markedly to $57K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 159%.

Import of Moulding Boxes; for Metal Foundry in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.721.348.036.4273.3%
China5.29.110.17.211.5%
Taiwan (Chinese)4.07.48.67.121.1%
United Kingdom0.80.32.23.360.4%
Italy0.20.50.70.858.7%
Others5.33.23.52.6-21.1%
Total16.141.873.057.452.8%

Top Suppliers of Moulding Boxes; for Metal Foundry to Kenya in 2022:

  1. China (5.0 tons)
  2. India (3.2 tons)
  3. United Kingdom (1.0 tons)
  4. Taiwan (Chinese) (0.3 tons)
  5. Italy (0.2 tons)

Source: IndexBox Market Intelligence Platform

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