Kenya: Bentonite Market 2021

Bentonite Market Size in Kenya

In 2019, the Kenyan bentonite market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption saw prominent growth. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Kenya consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Bentonite Exports

Exports from Kenya

In 2019, bentonite exports from Kenya fell dramatically to X tons, with a decrease of -X% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. From 2016 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, bentonite exports fell rapidly to $X in 2019. In general, exports, however, recorded a mild increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2016 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the key exporters of bentonite, together comprising X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) held a minor share of total exports.

From 2007 to 2019, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Kenya were the U.S. ($X), Turkey ($X) and India ($X), together accounting for X% of total exports.

Turkey recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in Kenya amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, export prices reached the maximum at $X per ton in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Kenya

In 2019, supplies from abroad of bentonite increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Kenya imports peaked at X tons in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, bentonite imports soared to $X in 2019. Overall, imports posted buoyant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Kenya imports peaked at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons) represented the largest importer of bentonite in the world, comprising X% of total import. Italy (X tons) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2019, together accounting for X% of total imports. These countries were followed by Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy, which together accounted for a further X recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in Kenya amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated buoyant growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, bentonite import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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