
Kenya - Tankers - Market Analysis, Forecast, Size, Trends and Insights
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Kenya: Tanker Market 2022
Tanker Market Size in Kenya
In 2021, after six years of growth, there was decline in the Kenyan tanker market, when its value decreased by -X% to $X. In general, consumption recorded a strong increase. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted modestly in the following year.
Tanker Production in Kenya
In value terms, tanker production contracted to $X in 2021 estimated in export price. Overall, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020, and then dropped modestly in the following year.
Tanker Exports
Exports from Kenya
In 2021, the amount of tankers exported from Kenya stood at less than X units, remaining stable against the year before. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, tanker exports stood at less than $X in 2021. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Rwanda (X units) was the main destination for tanker exports from Kenya, accounting for a approx. X% share of total exports.
From 2012 to 2016, the average annual rate of growth in terms of volume to Rwanda was relatively modest.
From 2012 to 2016, the average annual rate of growth in terms of value to Rwanda totaled -X%.
Export Prices by Country
In 2016, the average tanker export price amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2016, the rate of growth in terms of prices for Rwanda amounted to -X% per year.
Tanker Imports
Imports into Kenya
Tanker imports into Kenya amounted to less than X units in 2021, leveling off at 2020. Over the period under review, imports saw a relatively flat trend pattern.
In value terms, tanker imports shrank to $X in 2021. In general, imports saw perceptible growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2020, and then shrank in the following year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tanker 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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