Price for Moulding Boxes; for Metal Foundry in Kenya - 2021
Contents:
- Price for Moulding Boxes; for Metal Foundry in Kenya (FOB) - 2022
- Price for Moulding Boxes; for Metal Foundry in Kenya (CIF) - 2022
- Exports of Moulding Boxes; for Metal Foundry in Kenya
- Imports of Moulding Boxes; for Metal Foundry in Kenya
Price for Moulding Boxes; for Metal Foundry in Kenya (FOB) - 2022
The average export price for moulding boxes; for metal foundries stood at $15,267 per ton in 2022, with an increase of 4.7% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 an increase of 413%. As a result, the export price attained the peak level of $28,333 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($15,291 per ton), while the average price for exports to Tanzania totaled $2,600 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+3.7%).
Price for Moulding Boxes; for Metal Foundry in Kenya (CIF) - 2022
The average import price for moulding boxes; for metal foundries stood at $5,795 per ton in 2022, with an increase of 12% against the previous year. In general, the import price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2019 an increase of 29% against the previous year. The import price peaked at $8,392 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($23,068 per ton), while the price for China ($1,435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Moulding Boxes; for Metal Foundry in Kenya
In 2022, after three years of growth, there was significant decline in shipments abroad of moulding boxes; for metal foundries, when their volume decreased by -42.2% to 3.2 tons. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 547% against the previous year. As a result, the exports attained the peak of 5.5 tons, and then fell dramatically in the following year.
In value terms, moulding boxes; for metal foundry exports reduced remarkably to $48K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 378% against the previous year. As a result, the exports attained the peak of $80K, and then contracted notably in the following year.
Export of Moulding Boxes; for Metal Foundry in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 7.6 | 16.6 | 78.4 | 48.1 | 85.0% |
Egypt | N/A | N/A | 1.1 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 7.6 | 16.7 | 79.6 | 48.1 | 85.0% |
Top Export Markets for Moulding Boxes; for Metal Foundry from Kenya in 2022:
- Rwanda (3.1 tons)
Imports of Moulding Boxes; for Metal Foundry in Kenya
After three years of growth, purchases abroad of moulding boxes; for metal foundries decreased by -29.9% to 9.9 tons in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 162% against the previous year.
In value terms, moulding boxes; for metal foundry imports reduced markedly to $57K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 159%.
Import of Moulding Boxes; for Metal Foundry in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.7 | 21.3 | 48.0 | 36.4 | 273.3% |
China | 5.2 | 9.1 | 10.1 | 7.2 | 11.5% |
Taiwan (Chinese) | 4.0 | 7.4 | 8.6 | 7.1 | 21.1% |
United Kingdom | 0.8 | 0.3 | 2.2 | 3.3 | 60.4% |
Italy | 0.2 | 0.5 | 0.7 | 0.8 | 58.7% |
Others | 5.3 | 3.2 | 3.5 | 2.6 | -21.1% |
Total | 16.1 | 41.8 | 73.0 | 57.4 | 52.8% |
Top Suppliers of Moulding Boxes; for Metal Foundry to Kenya in 2022:
- China (5.0 tons)
- India (3.2 tons)
- United Kingdom (1.0 tons)
- Taiwan (Chinese) (0.3 tons)
- Italy (0.2 tons)
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