Kenya - Aluminium Foil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Foil Price in Kenya - 2021
Contents:
- Aluminium Foil Price in Kenya (CIF) - 2022
- Aluminium Foil Price in Kenya (FOB) - 2022
- Aluminium Foil Imports in Kenya
- Aluminium Foil Exports in Kenya
Aluminium Foil Price in Kenya (CIF) - 2022
The average aluminium foil import price stood at $4,238 per ton in 2022, surging by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 India ($6,522 per ton), while the price for South Africa ($2,958 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 (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Foil Price in Kenya (FOB) - 2022
The average aluminium foil export price stood at $5,089 per ton in 2022, picking up by 9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2013 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($6,976 per ton), while the average price for exports to Sudan ($1,322 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 Uganda (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Foil Imports in Kenya
In 2022, overseas purchases of aluminium foil decreased by -24.1% to 4.8K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports attained the peak of 6.7K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, aluminium foil imports reduced to $20M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of $23M, and then reduced in the following year.
Import of Aluminium Foil in Kenya (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.1 | 7.7 | 10.8 | 8.9 | 3.2% |
India | 2.8 | 3.0 | 3.8 | 4.0 | 12.6% |
South Africa | 2.7 | 3.6 | 3.3 | 2.7 | 0.0% |
Italy | 1.3 | 2.5 | 1.6 | 1.2 | -2.6% |
France | 0.8 | 0.9 | 1.2 | 0.7 | -4.4% |
United Arab Emirates | 0.6 | 0.7 | 0.5 | 0.5 | -5.9% |
Malaysia | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
Others | 1.9 | 1.9 | 2.1 | 2.0 | 1.7% |
Total | 18.2 | 20.4 | 23.5 | 20.5 | 4.0% |
Top Suppliers of Aluminium Foil to Kenya in 2022:
- China (2307.8 tons)
- South Africa (898.0 tons)
- India (611.3 tons)
- Italy (338.7 tons)
- Malaysia (155.6 tons)
- United Arab Emirates (108.3 tons)
- France (70.0 tons)
Aluminium Foil Exports in Kenya
In 2022, after three years of growth, there was significant decline in shipments abroad of aluminium foil, when their volume decreased by -48.1% to 180 tons. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year.
In value terms, aluminium foil exports declined remarkably to $916K in 2022. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 9%.
Export of Aluminium Foil in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 251 | 412 | 639 | 214 | -5.2% |
Rwanda | 37.3 | 37.9 | 34.3 | 201 | 75.3% |
China | 304 | 286 | 2.6 | 97.4 | -31.6% |
Zambia | 254 | 234 | 56.4 | 79.9 | -32.0% |
Democratic Republic of the Congo | 148 | 169 | 227 | 69.5 | -22.3% |
South Africa | 47.3 | 68.0 | 114 | 43.9 | -2.5% |
Eritrea | 54.7 | 67.4 | 96.6 | 31.9 | -16.5% |
Egypt | 60.5 | 69.0 | 91.3 | 29.1 | -21.6% |
Burundi | 42.4 | 22.3 | 47.3 | 27.2 | -13.8% |
Others | 207 | 166 | 300 | 121 | -16.4% |
Total | 1,405 | 1,532 | 1,608 | 916 | -13.3% |
Top Export Markets for Aluminium Foil from Kenya in 2022:
- China (40.5 tons)
- Uganda (32.8 tons)
- Rwanda (28.8 tons)
- Egypt (13.6 tons)
- Eritrea (12.7 tons)
- Zambia (12.1 tons)
- Democratic Republic of the Congo (11.3 tons)
- South Africa (7.6 tons)
- Burundi (5.6 tons)
This report provides an in-depth analysis of the aluminium foil 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 24422500 - Aluminium foil of a thickness (excluding any backing) . 0,2 mm
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
-
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 foil market in Kenya.
This report provides an in-depth analysis of the global aluminium foil market.
This report provides an in-depth analysis of the aluminium foil market in Kenya.
This report provides an in-depth analysis of the global aluminium foil market.
Explore the top import markets for aluminium foil and their key statistics. Find out which countries lead the global market and their import values. Discover the latest trends in the aluminium foil industry.
Explore the top import markets for aluminium foil and their key statistics. From the United States to Germany, discover the countries driving the demand for this versatile product.
Explore the top import markets for aluminium foil and their key statistics. Find out which countries lead the global market and their import values. Discover the latest trends in the aluminium foil industry.
Explore the top import markets for aluminium foil and their key statistics. From the United States to Germany, discover the countries driving the demand for this versatile product.