Report Update May 1, 2024

Kenya - Extruded Rods and Profile Shapes of Cellular Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Extruded Rod Market 2024

Extruded Rod Market Size in Kenya

In 2022, the Kenyan extruded rod market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption enjoyed prominent growth. Extruded rod consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Extruded Rod Exports

Exports from Kenya

In 2022, after three years of growth, there was significant decline in shipments abroad of extruded rods and profile shapes of cellular vulcanised rubber, when their volume decreased by X% to X kg. Over the period under review, exports showed a dramatic slump. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, extruded rod exports shrank notably to $X in 2022. Overall, exports, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

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

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

In value terms, Tanzania ($X) emerged as the key foreign market for extruded rods and profile shapes of cellular vulcanised rubber exports from Kenya.

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

Export Prices by Country

The average extruded rod export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Tanzania amounted to X% per year.

Extruded Rod Imports

Imports into Kenya

In 2022, imports of extruded rods and profile shapes of cellular vulcanised rubber into Kenya totaled X tons, surging by X% compared with 2021 figures. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, extruded rod imports soared to $X in 2022. Overall, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and South Africa (X kg) were the main suppliers of extruded rod imports to Kenya, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Taiwan (Chinese) ($X) and Greece ($X) were the largest extruded rod suppliers to Kenya, with a combined X% share of total imports. The United Arab Emirates, China, India and Japan lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average extruded rod import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for extruded rods and profile shapes of cellular vulcanised rubber in the world?

The countries with the highest volumes of consumption in 2023 were China, Germany and the United States, with a combined 43% share of global consumption.

What are the largest producers of extruded rods and profile shapes of cellular vulcanised rubber in the world?

The countries with the highest volumes of production in 2022 were China, Germany and the United States, together comprising 45% of global production.

What are the leading suppliers of extruded rods and profile shapes of cellular vulcanised rubber to Kenya?

In value terms, the largest extruded rod suppliers to Kenya were South Africa, Taiwan Chinese) and Greece, together comprising 45% of total imports. The United Arab Emirates, China, India and Japan lagged somewhat behind, together comprising a further 31%.

What are the leading importers of extruded rods and profile shapes of cellular vulcanised rubber from Kenya?

In value terms, Tanzania $138) emerged as the key foreign market for extruded rods and profile shapes of cellular vulcanised rubber exports from Kenya.

What is the average export price for extruded rods and profile shapes of cellular vulcanised rubber in Kenya?

In 2022, the average extruded rod export price amounted to $46,000 per ton, growing by 6,183% against the previous year.

What is the average import price for extruded rods and profile shapes of cellular vulcanised rubber in Kenya?

The average extruded rod import price stood at $6,045 per ton in 2022, rising by 10% against the previous year.

This report provides an in-depth analysis of the extruded rod 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 2030.

Product coverage:

Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber

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