Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $2,035 per ton in 2022, which is down by -52% against the previous year. In general, the import price faced a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 30%. Over the period under review, average import prices hit record highs at $7,058 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,301 per ton), while the price for the United Arab Emirates ($804 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.0%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $12,936 per ton, picking up by 166% against the previous year. Overall, the export price, however, continues to indicate a pronounced slump. Over the period under review, the average export prices hit record highs at $42,881 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +10.8% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya
In 2022, approx. 135 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with metals were imported into Kenya; surging by 1.7% compared with 2021 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,258% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals dropped dramatically to $275K in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 744% against the previous year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 44.9 | 63.7 | 230 | 324.8% |
| India | 0.8 | 3.6 | 22.5 | 9.8 | 130.5% |
| Italy | 27.4 | 217 | 161 | 4.1 | -46.9% |
| Germany | 4.4 | 77.1 | 275 | 1.1 | -37.0% |
| Portugal | N/A | 26.0 | N/A | N/A | 0% |
| Others | 15.4 | 61.6 | 40.6 | 30.0 | 24.9% |
| Total | 51.0 | 430 | 563 | 275 | 75.4% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Kenya in 2022:
- China (125.9 tons)
- India (5.1 tons)
- Italy (1.2 tons)
- Germany (0.1 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals exported from Kenya surged to 110 kg, with an increase of 75% compared with the previous year's figure. Overall, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals soared to $1.4K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 202 | 61.0 | 27.0 | 1,423 | 91.7% |
| Uganda | 13.0 | 234 | 170 | N/A | 261.6% |
| Rwanda | 134 | 40.0 | 18.0 | N/A | -63.3% |
| Democratic Republic of the Congo | N/A | N/A | 82.0 | N/A | 0% |
| Others | N/A | N/A | 9.0 | N/A | 0% |
| Total | 349 | 335 | 306 | 1,423 | 59.8% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Kenya in 2022:
- Tanzania (110.0 kg)
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