Kenya - Flat-Rolled Products Of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Silicon-Electrical Steel Flat-Rolled Product in Kenya - 2021
Contents:
- Price for Silicon-Electrical Steel Flat-Rolled Product in Kenya (CIF) - 2022
- Price for Silicon-Electrical Steel Flat-Rolled Product in Kenya (FOB) - 2022
- Imports of Silicon-Electrical Steel Flat-Rolled Product in Kenya
- Exports of Silicon-Electrical Steel Flat-Rolled Product in Kenya
Price for Silicon-Electrical Steel Flat-Rolled Product in Kenya (CIF) - 2022
The average silicon-electrical steel flat-rolled product import price stood at $2,248 per ton in 2022, which is down by -22.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 136%. Over the period under review, average import prices reached the maximum at $2,898 per ton in 2021, and then declined notably in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,510 per ton), while the price for China ($1,711 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Silicon-Electrical Steel Flat-Rolled Product in Kenya (FOB) - 2022
In 2022, the average silicon-electrical steel flat-rolled product export price amounted to $1,578 per ton, declining by -4.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 20%. The export price peaked at $1,896 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,655 per ton), while the average price for exports to Burundi ($946 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 Tanzania (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silicon-Electrical Steel Flat-Rolled Product in Kenya
In 2022, the amount of flat-rolled products of silicon-electrical steel imported into Kenya reduced modestly to 49 tons, declining by -1.7% against the previous year's figure. Over the period under review, imports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 8.3% against the previous year.
In value terms, silicon-electrical steel flat-rolled product imports reduced sharply to $110K in 2022. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 91%.
Import of Silicon-Electrical Steel Flat-Rolled Product in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 74.7 | 46.1 | 98.7 | 76.5 | 0.8% |
South Africa | 32.1 | 3.5 | 28.0 | 19.0 | -16.0% |
China | 15.9 | 15.1 | 17.4 | 14.3 | -3.5% |
France | N/A | 7.6 | N/A | N/A | 0% |
India | 38.3 | 3.1 | N/A | N/A | -91.9% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 161 | 75.6 | 144 | 110 | -11.9% |
Top Suppliers of Silicon-Electrical Steel Flat-Rolled Product to Kenya in 2022:
- United Arab Emirates (30.5 tons)
- South Africa (10.0 tons)
- China (8.3 tons)
Exports of Silicon-Electrical Steel Flat-Rolled Product in Kenya
In 2022, exports of flat-rolled products of silicon-electrical steel from Kenya contracted to 304 tons, declining by -8.4% on the year before. Overall, exports recorded a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 332 tons, and then reduced in the following year.
In value terms, silicon-electrical steel flat-rolled product exports dropped to $479K in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year.
Export of Silicon-Electrical Steel Flat-Rolled Product in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 450 | 231 | 343 | 287 | -13.9% |
Burundi | 95.8 | 113 | 134 | 125 | 9.3% |
India | 67.5 | 67.7 | 67.8 | 66.1 | -0.7% |
Others | 0.4 | 0.7 | 0.9 | 0.8 | 26.0% |
Total | 614 | 413 | 546 | 479 | -7.9% |
Top Export Markets for Silicon-Electrical Steel Flat-Rolled Product from Kenya in 2022:
- Tanzania (146.0 tons)
- Burundi (132.4 tons)
- India (24.9 tons)
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
- Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
- Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
- Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global silicon-electrical steel flat-rolled product imports stood at X tons in 2016, picking up by X% against the previous year figure. Overall, silicon-electrical steel flat-rolled product import...
Global silicon-electrical steel flat-rolled product imports stood at X tons in 2016, picking up by X% against the previous year figure. Overall, silicon-electrical steel flat-rolled product import...