Report Update Apr 1, 2024

Kenya - Copper Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Market for Copper Ores And Concentrates 2024

Market Size for Copper Ores And Concentrates in Kenya

In 2022, the Kenyan copper ores and concentrates market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Copper Ores And Concentrates in Kenya

In value terms, copper ores and concentrates production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Copper ores and concentrates production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Copper Ores And Concentrates

Exports from Kenya

In 2022, overseas shipments of copper ores and concentrates increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, copper ores and concentrates exports expanded notably to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

China (X tons) was the main destination for copper ores and concentrates exports from Kenya, accounting for a approx. X% share of total exports.

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

In value terms, China ($X) also remains the key foreign market for copper ores and concentrates exports from Kenya.

From 2012 to 2022, the average annual growth rate of value to China stood at X%.

Export Prices by Country

In 2022, the average copper ores and concentrates export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Copper Ores And Concentrates

Imports into Kenya

In 2022, the amount of copper ores and concentrates imported into Kenya fell to X kg, reducing by X% against the previous year's figure. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, copper ores and concentrates imports expanded markedly to $X in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X kg) was the main supplier of copper ores and concentrates to Kenya, with a X% share of total imports. Moreover, copper ores and concentrates imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) and China ($X) appeared to be the largest copper ores and concentrates suppliers to Kenya.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average copper ores and concentrates import price amounted to $X per ton, growing by X% against the previous year. In general, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 China ($X per ton), while the price for the United Arab Emirates stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for copper ores and concentrates in the world?

Kazakhstan constituted the country with the largest volume of copper ores and concentrates consumption, comprising approx. 57% of total volume. Moreover, copper ores and concentrates consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was taken by Japan, with a 3.9% share.

What are the largest producers of copper ores and concentrates in the world?

Kazakhstan remains the largest copper ores and concentrates producing country worldwide, comprising approx. 62% of total volume. Moreover, copper ores and concentrates production in Kazakhstan exceeded the figures recorded by the second-largest producer, Peru, eightfold. The third position in this ranking was held by North Macedonia, with a 4.2% share.

What are the leading suppliers of copper ores and concentrates to Kenya?

In value terms, the largest copper ores and concentrates suppliers to Kenya were the United Arab Emirates and China.

What are the leading importers of copper ores and concentrates from Kenya?

In value terms, China remains the key foreign market for copper ores and concentrates exports from Kenya.

What is the average export price for copper ores and concentrates in Kenya?

The average copper ores and concentrates export price stood at $503 per ton in 2022, almost unchanged from the previous year.

What is the average import price for copper ores and concentrates in Kenya?

In 2022, the average copper ores and concentrates import price amounted to $40,712 per ton, with an increase of 21% against the previous year.

This report provides an in-depth analysis of the market for copper ores and concentrates 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 2030.

Product coverage:

Prodcom 07291100 - Copper ores and concentrates

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023