Kenya: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Kenya

In 2021, after five years of growth, there was decline in the Kenyan bituminous mixtures market, when its value decreased by -4.2% to $X. Overall, consumption showed a mild contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Bituminous Mixtures Production in Kenya

In value terms, bituminous mixtures production fell modestly to $X in 2021 estimated in export price. In general, production recorded a slight slump. The growth pace was the most rapid in 2018 with an increase of 45% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Bituminous Mixtures Exports

Exports from Kenya

In 2021, shipments abroad of bituminous mixtures decreased by -74% to X tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 104% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, bituminous mixtures exports reduced markedly to $X in 2021. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 111% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons) was the main destination for bituminous mixtures exports from Kenya, with a 64% share of total exports. Moreover, bituminous mixtures exports to Uganda exceeded the volume sent to the second major destination, Tanzania (X tons), threefold. Rwanda (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Uganda amounted to -15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-15.7% per year) and Rwanda (+18.4% per year).

In value terms, Uganda ($X) remains the key foreign market for bituminous mixtures exports from Kenya, comprising 59% of total exports. The second position in the ranking was held by Tanzania ($X), with a 22% share of total exports. It was followed by Rwanda, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to Uganda amounted to -21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-20.5% per year) and Rwanda (+14.1% per year).

Export Prices by Country

The average bituminous mixtures export price stood at $X per ton in 2021, surging by 3% against the previous year. In general, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Rwanda ($X per ton) and Tanzania ($X per ton), while the average price for exports to Uganda ($X per ton) and Burundi ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (-1.3%), while the prices for the other major destinations experienced a decline.

Bituminous Mixtures Imports

Imports into Kenya

In 2021, after four years of growth, there was significant decline in purchases abroad of bituminous mixtures, when their volume decreased by -63.5% to X tons. Overall, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 146% against the previous year. Imports peaked at X tons in 2020, and then declined notably in the following year.

In value terms, bituminous mixtures imports shrank sharply to $X in 2021. Over the period under review, imports, however, enjoyed a notable expansion. The pace of growth was the most pronounced in 2020 when imports increased by 92% against the previous year. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2021, Iran (X tons) constituted the largest bituminous mixtures supplier to Kenya, with a 73% share of total imports. Moreover, bituminous mixtures imports from Iran exceeded the figures recorded by the second-largest supplier, Iraq (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Iran totaled +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Iraq (+261.5% per year) and Italy (+24.5% per year).

In value terms, Iran ($X) constituted the largest supplier of bituminous mixtures to Kenya, comprising 72% of total imports. The second position in the ranking was held by Iraq ($X), with a 12% share of total imports. It was followed by Italy, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Iran stood at +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Iraq (+217.3% per year) and Italy (+19.0% per year).

Import Prices by Country

The average bituminous mixtures import price stood at $X per ton in 2021, surging by 13% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The growth pace was the most rapid in 2013 when the average import price increased by 17%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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