Report Kenya - Flat-Rolled Products of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 23, 2022

Kenya - Flat-Rolled Products of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights
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Kenya: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2022

Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in Kenya

The Kenyan silicon-electrical steel flat-rolled product market skyrocketed to $X in 2021, growing by X% against the previous year. In general, consumption, however, showed a mild slump. Silicon-electrical steel flat-rolled product consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Flat-Rolled Products Of Silicon-Electrical Steel in Kenya

In value terms, silicon-electrical steel flat-rolled product production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. Silicon-electrical steel flat-rolled product production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Flat-Rolled Products Of Silicon-Electrical Steel

Exports from Kenya

In 2021, approx. X tons of flat-rolled products of silicon-electrical steel were exported from Kenya; rising by X% compared with the year before. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, silicon-electrical steel flat-rolled product exports surged to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons) was the main destination for silicon-electrical steel flat-rolled product exports from Kenya, accounting for a X% share of total exports. Moreover, silicon-electrical steel flat-rolled product exports to Tanzania exceeded the volume sent to the second major destination, India (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Tanzania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-X% per year) and Burundi (-X% per year).

In value terms, Tanzania ($X) remains the key foreign market for silicon-electrical steel flat-rolled product exports from Kenya, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with an X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-X% per year) and Burundi (-X% per year).

Export Prices by Country

In 2021, the average silicon-electrical steel flat-rolled product export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, silicon-electrical steel flat-rolled product export price decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Burundi ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flat-Rolled Products Of Silicon-Electrical Steel

Imports into Kenya

Silicon-electrical steel flat-rolled product imports into Kenya totaled X tons in 2021, approximately mirroring the previous year. Overall, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, silicon-electrical steel flat-rolled product imports surged to $X in 2021. In general, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of silicon-electrical steel flat-rolled product to Kenya, with a X% share of total imports. Moreover, silicon-electrical steel flat-rolled product imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, South Africa (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and China (+X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of silicon-electrical steel flat-rolled product to Kenya, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and South Africa (+X% per year).

Import Prices by Country

The average silicon-electrical steel flat-rolled product import price stood at $X per ton in 2021, jumping by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for flat-rolled products of silicon-electrical steel in the world?
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China remains the largest silicon-electrical steel flat-rolled product consuming country worldwide, comprising approx. 62% of total volume. Moreover, silicon-electrical steel flat-rolled product consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, more than tenfold. India ranked third in terms of total consumption with a 3.5% share.
What are the largest producers of flat-rolled products of silicon-electrical steel in the world?
+
China constituted the country with the largest volume of silicon-electrical steel flat-rolled product production, accounting for 64% of total volume. Moreover, silicon-electrical steel flat-rolled product production in China exceeded the figures recorded by the second-largest producer, Kazakhstan, more than tenfold. The third position in this ranking was occupied by Japan, with a 4.8% share.
What are the leading suppliers of flat-rolled products of silicon-electrical steel to Kenya?
+
In value terms, the United Arab Emirates constituted the largest supplier of silicon-electrical steel flat-rolled product to Kenya, comprising 60% of total imports. The second position in the ranking was occupied by China, with a 21% share of total imports.
What are the leading importers of flat-rolled products of silicon-electrical steel from Kenya?
+
In value terms, Tanzania remains the key foreign market for silicon-electrical steel flat-rolled product exports from Kenya, comprising 81% of total exports. The second position in the ranking was occupied by India, with an 18% share of total exports.
What is the average export price for flat-rolled products of silicon-electrical steel in Kenya?
+
The average silicon-electrical steel flat-rolled product export price stood at $2,191 per ton in 2021, surging by 12% against the previous year.
What is the average import price for flat-rolled products of silicon-electrical steel in Kenya?
+
The average silicon-electrical steel flat-rolled product import price stood at $2,006 per ton in 2021, surging by 27% against the previous year.

This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product 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 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
• Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
• Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
• Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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