Kenya: Titanium Dioxide Market 2024

Titanium Dioxide Market Size in Kenya

The Kenyan titanium dioxide market soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption posted a resilient increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Titanium Dioxide Production in Kenya

In value terms, titanium dioxide production totaled $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. Titanium dioxide production peaked in 2022 and is likely to continue growth in the near future.

Titanium Dioxide Exports

Exports from Kenya

In 2022, exports of titanium dioxide from Kenya soared to X tons, rising by X% against the year before. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, titanium dioxide exports surged to $X in 2022. Overall, exports saw a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Rwanda (X tons) was the main destination for titanium dioxide exports from Kenya, accounting for a X% share of total exports. Moreover, titanium dioxide exports to Rwanda exceeded the volume sent to the second major destination, Burundi (X tons), fourfold.

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

In value terms, Rwanda ($X) remains the key foreign market for titanium dioxide exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Burundi ($X), with an X% share of total exports.

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

Export Prices by Country

In 2022, the average titanium dioxide export price amounted to $X per ton, flattening at the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price 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, titanium dioxide export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, 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 Ethiopia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Dioxide Imports

Imports into Kenya

In 2022, titanium dioxide imports into Kenya surged to X tons, with an increase of X% against the previous year's figure. In general, imports continue to indicate slight growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, titanium dioxide imports skyrocketed to $X in 2022. Overall, imports continue to indicate a slight increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest titanium dioxide supplier to Kenya, with a X% share of total imports. Moreover, titanium dioxide imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), sixfold. India (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 China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of titanium dioxide to Kenya, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

Import Prices by Country

The average titanium dioxide import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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