Kenya - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Alloy Wire Price in Kenya - 2021
Contents:
- Aluminium Alloy Wire Price in Kenya (CIF) - 2022
- Aluminium Alloy Wire Price in Kenya (FOB) - 2022
- Aluminium Alloy Wire Imports in Kenya
- Aluminium Alloy Wire Exports in Kenya
Aluminium Alloy Wire Price in Kenya (CIF) - 2022
The average aluminium alloy wire import price stood at $3,586 per ton in 2022, remaining stable against the previous year. In general, the import price recorded a abrupt setback. The growth pace was the most rapid in 2017 when the average import price increased by 25%. Over the period under review, average import prices reached the maximum at $6,153 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,355 per ton), while the price for South Korea ($424 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Aluminium Alloy Wire Price in Kenya (FOB) - 2022
In 2022, the average aluminium alloy wire export price amounted to $9,555 per ton, remaining relatively unchanged against the previous year. In general, the export price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 151% against the previous year. The export price peaked at $9,761 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($340,803 per ton), while the average price for exports to Democratic Republic of the Congo ($2,464 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 Rwanda (+83.0%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Alloy Wire Imports in Kenya
In 2022, the amount of aluminium alloy wire imported into Kenya surged to 70 tons, picking up by 36% against 2021. Overall, imports showed a relatively flat trend pattern.
In value terms, aluminium alloy wire imports skyrocketed to $253K in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.8% against 2020 indices.
Import of Aluminium Alloy Wire in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Oman | 32.3 | 48.5 | 56.9 | 81.8 | 36.3% |
Bahrain | 51.7 | 81.9 | 41.0 | 58.9 | 4.4% |
India | 34.1 | 128 | 39.1 | 43.2 | 8.2% |
Germany | 1.0 | 21.3 | 14.0 | 20.1 | 171.9% |
China | 68.6 | 12.2 | 6.7 | 10.8 | -46.0% |
South Korea | 11.4 | 8.5 | 5.5 | 6.8 | -15.8% |
Others | 39.0 | 18.8 | 23.2 | 31.0 | -7.4% |
Total | 238 | 319 | 186 | 253 | 2.1% |
Top Suppliers of Aluminium Alloy Wire to Kenya in 2022:
- Oman (22.0 tons)
- Bahrain (21.5 tons)
- South Korea (16.1 tons)
- India (4.7 tons)
- China (2.3 tons)
- Germany (2.1 tons)
Aluminium Alloy Wire Exports in Kenya
In 2022, the amount of aluminium alloy wire exported from Kenya contracted modestly to 164 kg, reducing by -3% against the previous year. Overall, exports saw a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 7%.
In value terms, aluminium alloy wire exports contracted to $1.6K in 2022. Over the period under review, exports showed a perceptible setback. The pace of growth was the most pronounced in 2021 when exports increased by 8.4% against the previous year.
Export of Aluminium Alloy Wire in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 311 | 457 | 277 | 1,005 | 47.8% |
Democratic Republic of the Congo | 147 | 184 | 95.0 | 294 | 26.0% |
Uganda | 82.0 | 120 | 73.0 | 268 | 48.4% |
Burundi | N/A | N/A | 1,185 | N/A | 0% |
Sudan | N/A | 743 | N/A | N/A | 0% |
Yemen | 1,216 | N/A | N/A | N/A | 0% |
Others | 1.0 | N/A | N/A | N/A | 0% |
Total | 1,757 | 1,504 | 1,630 | 1,567 | -3.7% |
Top Export Markets for Aluminium Alloy Wire from Kenya in 2022:
- Democratic Republic of the Congo (119.0 kg)
- Uganda (42.0 kg)
- Rwanda (3.0 kg)
This report provides an in-depth analysis of the aluminium alloy wire market 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 24422350 - Aluminium alloy wire (excluding insulated electric wire and cable, twine and cordage reinforced with aluminium wire, s tranded wire and cables)
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
This report provides an in-depth analysis of the aluminium alloy wire market in Kenya.
This report provides an in-depth analysis of the global aluminium alloy wire market.
This report provides an in-depth analysis of the aluminium alloy wire market in Kenya.
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
This report provides an in-depth analysis of the global aluminium alloy wire market.
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