Kenya: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Kenya

The Kenyan market for float glass and surface ground or polished glass reduced dramatically to $X in 2022, falling by X% against the previous year. Overall, consumption, however, enjoyed prominent growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Float Glass And Surface Ground or Polished Glass in Kenya

In value terms, production of float glass and surface ground or polished glass contracted to $X in 2022 estimated in export price. Over the period under review, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Production of peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Kenya

In 2022, approx. X square meters of float glass and surface ground or polished glass were exported from Kenya; reducing by X% on the previous year's figure. Over the period under review, exports showed a significant contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass shrank notably to $X in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X square meters), Rwanda (X square meters) and Burundi (X square meters) were the main destinations of exports of float glass and surface ground or polished glass from Kenya, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Uganda ($X) emerged as the key foreign market for float glass and surface ground or polished glass exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Rwanda ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Uganda stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Burundi (X% per year).

Export Prices by Country

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, surging by X% against the previous year. In general, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per square meter), while the average price for exports to Rwanda ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Kenya

Imports of float glass and surface ground or polished glass into Kenya contracted significantly to X square meters in 2022, which is down by X% against 2021. In general, imports, however, recorded a noticeable increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X square meters, and then reduced notably in the following year.

In value terms, imports of float glass and surface ground or polished glass dropped significantly to $X in 2022. Overall, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of float glass and surface ground or polished glass to Kenya, with a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from China exceeded the figures recorded by the second-largest supplier, Malaysia (X square meters), twofold. The third position in this ranking was held by Indonesia (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Indonesia (X% per year).

In value terms, China ($X) constituted the largest supplier of float glass and surface ground or polished glass to Kenya, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, which is down by X% against the previous year. Over the period under review, the import price, however, recorded a moderate increase. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per square meter in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per square meter), while the price for Thailand ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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