Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya - 2023
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya (CIF) - 2022
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya (FOB) - 2022
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya (CIF) - 2022
In 2022, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $2,914 per ton, which is down by -1.5% against the previous year. Overall, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 39%. Over the period under review, average import prices reached the peak figure at $4,097 per ton in 2013; however, from 2014 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 Turkey ($6,551 per ton), while the price for Uganda ($423 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+6.2%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya (FOB) - 2022
In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,798 per ton, jumping by 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2016 an increase of 21%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($6,995 per ton), while the average price for exports to Democratic Republic of the Congo ($560 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 the United States (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya
In 2022, overseas purchases of aluminium plates, sheets and strip of thickness exceeding 0.2 mms increased by 30% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a drastic downturn.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $8.1M in 2022. In general, imports, however, saw a deep slump.
| Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.0 | 3.4 | 3.4 | 4.3 | -24.5% |
| Oman | 1.0 | 1.0 | 1.1 | 1.4 | 11.9% |
| India | 0.8 | 0.5 | 0.8 | 0.8 | 0.0% |
| Turkey | N/A | N/A | 0.2 | 0.4 | 100.0% |
| United Arab Emirates | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
| Egypt | 0.2 | N/A | 0.1 | 0.2 | 0.0% |
| Uganda | N/A | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.5 | 0.5 | 0.7 | 5.3% |
| Total | 13.1 | 5.7 | 6.3 | 8.1 | -14.8% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Kenya in 2022:
- China (1586.9 tons)
- Oman (349.2 tons)
- India (325.2 tons)
- United Arab Emirates (155.8 tons)
- Uganda (90.3 tons)
- Egypt (72.5 tons)
- Turkey (58.2 tons)
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya
Exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Kenya soared to 345 tons in 2022, rising by 28% against the year before. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $1.3M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 2.2 | 6.4 | 23.3 | 337 | 435.1% |
| Nigeria | 306 | 253 | 254 | 282 | -2.7% |
| Tanzania | 224 | 313 | 176 | 236 | 1.8% |
| Rwanda | 149 | 115 | 90.5 | 158 | 2.0% |
| Ethiopia | 209 | 152 | 135 | 138 | -12.9% |
| United States | N/A | N/A | 59.6 | 86.9 | 45.8% |
| Democratic Republic of the Congo | 6.7 | 7.9 | 3.5 | 12.0 | 21.4% |
| Uganda | 92.6 | 19.8 | 47.3 | 6.4 | -59.0% |
| Sri Lanka | N/A | 183 | N/A | N/A | 0% |
| Others | 114 | 60.6 | 61.5 | 54.5 | -21.8% |
| Total | 1,102 | 1,110 | 850 | 1,310 | 5.9% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Kenya in 2022:
- Nigeria (84.8 tons)
- Ghana (79.5 tons)
- Tanzania (64.0 tons)
- Ethiopia (37.0 tons)
- Rwanda (26.7 tons)
- Democratic Republic of the Congo (21.4 tons)
- United States (20.4 tons)
- Uganda (0.9 tons)
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This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Kenya.
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This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Kenya.
295
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Kenya.
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This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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