Kenya: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in Kenya

The Kenyan gravel and crushed stone market declined to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a pronounced downturn. Gravel and crushed stone consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Gravel and Crushed Stone in Kenya

In value terms, gravel and crushed stone production fell to $X in 2022 estimated in export price. Overall, production saw a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Gravel and crushed stone production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Gravel and Crushed Stone

Exports from Kenya

Gravel and crushed stone exports from Kenya amounted to X tons in 2022, increasing by X% compared with the previous year's figure. Overall, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, gravel and crushed stone exports contracted rapidly to $X in 2022. In general, exports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Uganda (X tons) was the main destination for gravel and crushed stone exports from Kenya, accounting for a X% share of total exports. Moreover, gravel and crushed stone exports to Uganda exceeded the volume sent to the second major destination, Rwanda (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume to Uganda totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Tanzania (X% per year).

In value terms, Uganda ($X) remains the key foreign market for gravel and crushed stone exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Rwanda ($X), with a X% share of total exports.

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

Export Prices by Country

The average gravel and crushed stone export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price recorded a deep reduction. The growth pace was the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, 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 a decline.

Imports of Gravel and Crushed Stone

Imports into Kenya

In 2022, imports of gravel and crushed stone into Kenya shrank notably to X tons, falling by X% on 2021 figures. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, gravel and crushed stone imports surged to $X in 2022. Overall, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of gravel and crushed stone to Kenya, accounting for a X% share of total imports. Moreover, gravel and crushed stone imports from the United States exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of gravel and crushed stone to Kenya, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by China, with an X% share.

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

Import Prices by Country

In 2022, the average gravel and crushed stone import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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