Kenya: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2024

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Kenya

The Kenyan carbon for electrical purposes market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, showed a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in Kenya

In value terms, carbon for electrical purposes production dropped notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Carbon for electrical purposes production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Kenya

Carbon for electrical purposes exports from Kenya soared to X kg in 2022, with an increase of X% compared with 2021. Over the period under review, exports, however, showed a perceptible setback. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, carbon for electrical purposes exports dropped sharply to $X in 2022. In general, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania (X kg) was the main destination for carbon for electrical purposes exports from Kenya, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania stood at X%.

In value terms, Tanzania ($X) emerged as the key foreign market for articles of graphite or other carbon for electrical purposes exports from Kenya.

From 2012 to 2022, the average annual rate of growth in terms of value to Tanzania amounted to X%.

Export Prices by Country

In 2022, the average carbon for electrical purposes export price amounted to $X per ton, waning by X% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Democratic Republic of the Congo amounted to X% per year.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Kenya

Carbon for electrical purposes imports into Kenya soared to X tons in 2022, growing by X% compared with the previous year's figure. Over the period under review, imports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, carbon for electrical purposes imports surged to $X in 2022. In general, imports, however, faced a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest carbon for electrical purposes supplier to Kenya, with a X% share of total imports. Moreover, carbon for electrical purposes imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

In value terms, India ($X), South Korea ($X) and the UK ($X) appeared to be the largest carbon for electrical purposes suppliers to Kenya, with a combined X% share of total imports.

In terms of the main suppliers, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average carbon for electrical purposes import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price continues to indicate a notable expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform