Kenya: Market for Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations 2024

Market Size for Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations in Kenya

In 2021, the Kenyan artificial and colloidal graphite market increased by 69% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a drastic downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations

Exports from Kenya

In 2021, shipments abroad of artificial graphite, colloidal, semi-colloidal graphite and preparations was finally on the rise to reach X kg after five years of decline. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 290,686%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, artificial and colloidal graphite exports dropped to $X in 2021. Overall, exports, however, saw a precipitous curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 1,618,838%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Rwanda (X kg) was the main destination for artificial and colloidal graphite exports from Kenya, with a 80% share of total exports. Moreover, artificial and colloidal graphite exports to Rwanda exceeded the volume sent to the second major destination, Uganda (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Rwanda totaled -4.3%.

In value terms, the largest markets for artificial and colloidal graphite exported from Kenya were Uganda ($X) and Rwanda ($X).

Rwanda, with a CAGR of -24.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average artificial and colloidal graphite export price amounted to $X per ton, reducing by -19.4% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2017 an increase of 613% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Rwanda totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-2.9%).

Imports of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations

Imports into Kenya

In 2021, supplies from abroad of artificial graphite, colloidal, semi-colloidal graphite and preparations increased by 62% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by 73% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, artificial and colloidal graphite imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 94% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest artificial and colloidal graphite supplier to Kenya, accounting for a 52% share of total imports. Moreover, artificial and colloidal graphite imports from India exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at -13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-3.8% per year) and the UK (+46.1% per year).

In value terms, India ($X) constituted the largest supplier of artificial graphite, colloidal, semi-colloidal graphite and preparations to Kenya, comprising 39% of total imports. The second position in the ranking was held by the UK ($X), with a 15% share of total imports. It was followed by South Africa, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from India totaled -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+41.4% per year) and South Africa (-16.4% per year).

Import Prices by Country

In 2021, the average artificial and colloidal graphite import price amounted to $X per ton, growing by 8.1% against the previous year. Over the period under review, the import price enjoyed a notable increase. The pace of growth was the most pronounced in 2013 an increase of 92% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+169.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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