Kenya - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnwrought Aluminium Alloys Price in Kenya - 2021
Contents:
- Unwrought Aluminium Alloys Price in Kenya (CIF) - 2022
- Unwrought Aluminium Alloys Price in Kenya (FOB) - 2022
- Unwrought Aluminium Alloys Imports in Kenya
- Unwrought Aluminium Alloys Exports in Kenya
Unwrought Aluminium Alloys Price in Kenya (CIF) - 2022
The average unwrought aluminium alloys import price stood at $2,202 per ton in 2022, shrinking by -2.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. The import price peaked at $2,477 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($2,488 per ton) and India ($2,260 per ton), while the price for South Africa ($1,699 per ton) and Vietnam ($2,043 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Unwrought Aluminium Alloys Price in Kenya (FOB) - 2022
The average unwrought aluminium alloys export price stood at $1,990 per ton in 2022, approximately mirroring the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 29% against the previous year. The export price peaked at $2,469 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($2,567 per ton), while the average price for exports to India amounted to $1,494 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+0.9%), while the prices for the other major destinations experienced a decline.
Unwrought Aluminium Alloys Imports in Kenya
In 2022, after three years of growth, there was decline in overseas purchases of unwrought aluminium alloys, when their volume decreased by -2.5% to 6.5K tons. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 20%.
In value terms, unwrought aluminium alloys imports dropped to $14M in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year.
| Import of Unwrought Aluminium Alloys in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.9 | 5.6 | 4.4 | 4.3 | 14.0% |
| Australia | 4.9 | 4.0 | 4.3 | 4.2 | -5.0% |
| South Korea | 0.7 | 1.5 | 3.2 | 3.1 | 64.2% |
| India | 0.1 | 0.3 | 0.3 | 1.6 | 152.0% |
| South Africa | 1.6 | 0.5 | 0.1 | 0.6 | -27.9% |
| Vietnam | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Bahrain | N/A | 1.1 | 1.3 | N/A | 18.2% |
| Others | 0.3 | 0.5 | 1.3 | 0.3 | 0.0% |
| Total | 10.6 | 13.4 | 15.0 | 14.2 | 10.2% |
Top Suppliers of Unwrought Aluminium Alloys to Kenya in 2022:
- Australia (1947.5 tons)
- Russia (1918.4 tons)
- South Korea (1259.4 tons)
- India (691.3 tons)
- South Africa (366.4 tons)
- Vietnam (116.6 tons)
Unwrought Aluminium Alloys Exports in Kenya
In 2022, unwrought aluminium alloys exports from Kenya shrank dramatically to 12 tons, declining by -36.2% on the previous year. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 261%.
In value terms, unwrought aluminium alloys exports fell sharply to $24K in 2022. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 256% against the previous year. As a result, the exports attained the peak of $38K, and then contracted remarkably in the following year.
| Export of Unwrought Aluminium Alloys in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 20.3 | 0.3 | 1.2 | 12.6 | -14.7% |
| India | 10.0 | 0.7 | 1.6 | 10.7 | 2.3% |
| China | N/A | 9.5 | 3.3 | N/A | -65.3% |
| Vietnam | N/A | N/A | 15.8 | N/A | 0% |
| South Africa | 4.9 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 15.9 | 0.9 | 65.1% |
| Total | 35.5 | 10.6 | 37.8 | 24.2 | -12.0% |
Top Export Markets for Unwrought Aluminium Alloys from Kenya in 2022:
- India (7.1 tons)
- Uganda (4.9 tons)
This report provides an in-depth analysis of the unwrought aluminium alloys market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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