Price for Aluminium; Alloys, Hollow Profiles in Kenya - 2021
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Kenya (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Kenya (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Kenya
- Exports of Aluminium; Alloys, Hollow Profiles in Kenya
Price for Aluminium; Alloys, Hollow Profiles in Kenya (CIF) - 2022
In 2022, the average aluminium; alloys, hollow profiles import price amounted to $2,317 per ton, reducing by -38.2% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17% against the previous year. The import price peaked at $4,321 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.8% per year.
Price for Aluminium; Alloys, Hollow Profiles in Kenya (FOB) - 2022
In 2022, the average aluminium; alloys, hollow profiles export price amounted to $4,655 per ton, remaining stable against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; alloys, hollow profiles export price decreased by -2.0% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 69%. The export price peaked at $5,325 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($4,891 per ton), while the average price for exports to Rwanda amounted to $4,642 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium; Alloys, Hollow Profiles in Kenya
In 2022, after two years of decline, there was significant growth in purchases abroad of aluminium; alloys, hollow profileses, when their volume increased by 72% to 329 tons. In general, imports, however, recorded a dramatic curtailment.
In value terms, aluminium; alloys, hollow profiles imports expanded sharply to $762K in 2022. Over the period under review, imports, however, faced a precipitous setback.
| Import of Aluminium; Alloys, Hollow Profiles in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.1 | 0.8 | 0.7 | 0.7 | -55.8% |
| Uganda | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.5 | N/A | 0.1 | N/A | -55.3% |
| Total | 8.9 | 0.8 | 0.7 | 0.8 | -55.2% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Kenya in 2022:
- China (322.8 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Kenya
In 2022, approx. 2.1 tons of aluminium; alloys, hollow profileses were exported from Kenya; which is down by -42% compared with 2021 figures. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 524%. As a result, the exports reached the peak of 3.6 tons, and then dropped notably in the following year.
In value terms, aluminium; alloys, hollow profiles exports fell markedly to $9.8K in 2022. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 510% against the previous year. As a result, the exports reached the peak of $17K, and then dropped significantly in the following year.
| Export of Aluminium; Alloys, Hollow Profiles in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 11.6 | N/A | 16.8 | 9.2 | -7.4% |
| Tanzania | N/A | N/A | N/A | 0.5 | 0% |
| Uganda | N/A | 2.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.6 | 2.8 | 16.8 | 9.8 | -5.5% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Kenya in 2022:
- Rwanda (2.0 tons)
- Tanzania (0.1 tons)
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