Kenya: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2025

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Kenya

The Kenyan market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment fell modestly to $X in 2022, waning by -2.4% against the previous year. In general, consumption, however, continues to indicate strong growth. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Kenya

In value terms, production of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment dropped to $X in 2022 estimated in export price. In general, production, however, saw a strong increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 88% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports from Kenya

In 2022, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from Kenya surged to X tons, growing by 336% against 2021. Over the period under review, exports enjoyed pronounced growth. The growth pace was the most rapid in 2017 with an increase of 629% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment soared to $X in 2022. In general, exports posted noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of 516%. Over the period under review, the exports of hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Rwanda (X tons) was the main destination for exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from Kenya, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Rwanda stood at +2.7%.

In value terms, Rwanda ($X) also remains the key foreign market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment exports from Kenya.

From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda stood at +4.0%.

Export Prices by Country

The average export price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, with a decrease of -21.3% against the previous year. Overall, the export price, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 65%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +22.4% per year.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports into Kenya

After two years of growth, overseas purchases of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment decreased by -28.8% to X tons in 2022. In general, imports, however, posted a strong increase. The growth pace was the most rapid in 2015 with an increase of 310% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then reduced rapidly in the following year.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment reduced rapidly to $X in 2022. Over the period under review, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2015 when imports increased by 659%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

China (X tons) and the United States (X tons) were the main suppliers of imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment to Kenya.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +43.4%).

In value terms, the United States ($X) constituted the largest supplier of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment to Kenya, comprising 67% of total imports. The second position in the ranking was taken by China ($X), with a 29% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +41.1%.

Import Prices by Country

In 2022, the average import price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment amounted to $X per ton, surging by 1.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 86%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+52.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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