Price for Monumental or Building Stone, Other than Granite and Sandstone in Kenya - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Kenya (FOB) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Kenya (CIF) - 2022
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Kenya
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Kenya
Price for Monumental or Building Stone, Other than Granite and Sandstone in Kenya (FOB) - 2022
In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $154 per ton, remaining stable against the previous year. Overall, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2018 an increase of 220%. As a result, the export price reached the peak level of $155 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($2,558 per ton), while the average price for exports to Uganda stood at $145 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+53.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Monumental or Building Stone, Other than Granite and Sandstone in Kenya (CIF) - 2022
In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $153 per ton, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the maximum at $1,888 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +86.5% per year.
Exports of Monumental or Building Stone, Other than Granite and Sandstone in Kenya
In 2022, shipments abroad of monumental or building stone, other than granite and sandstone decreased by -47% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 3,855% against the previous year.
In value terms, exports of monumental or building stone, other than granite and sandstone contracted significantly to $168K in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 5,883% against the previous year.
| Export of Monumental or Building Stone, Other than Granite and Sandstone in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 0.3 | 17.3 | 296 | 157 | 705.9% |
| Others | N/A | 2.0 | 19.9 | 10.8 | 132.4% |
| Total | 0.3 | 19.3 | 316 | 168 | 724.3% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Kenya in 2022:
- Uganda (1079.6 tons)
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Kenya
In 2022, imports of monumental or building stone, other than granite and sandstone into Kenya declined remarkably to 92 tons, falling by -49.5% against 2021 figures. In general, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 10,298%.
In value terms, imports of monumental or building stone, other than granite and sandstone fell notably to $14K in 2022. Overall, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 10,298% against the previous year.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 101 | 0.2 | 27.7 | 14.1 | -48.1% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 101 | 0.3 | 28.0 | 14.1 | -48.1% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Kenya in 2022:
- India (92.3 tons)
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