Kenya: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Kenya

The Kenyan market for boards, sheets, panels, or tiles of gypsum or plaster shrank remarkably to $X in 2022, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a pronounced downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Kenya

In 2022, overseas shipments of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters, rising for the second year in a row after three years of decline. Overall, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster skyrocketed to $X in 2022. In general, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Uganda (X square meters), South Sudan (X square meters) and Zambia (X square meters) were the main destinations of exports of boards, sheets, panels, or tiles of gypsum or plaster from Kenya, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for South Sudan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for board, sheet, panel, tile and similar article of plaster exported from Kenya were Uganda ($X), South Sudan ($X) and Burundi ($X), together accounting for X% of total exports.

Among the main countries of destination, South Sudan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, waning by X% against the previous year. In general, the export price showed a slight decrease. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per square meter), while the average price for exports to Zambia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Kenya

In 2022, after two years of growth, there was significant decline in supplies from abroad of boards, sheets, panels, or tiles of gypsum or plaster, when their volume decreased by X% to X square meters. Over the period under review, imports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters. From 2016 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster fell to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Tanzania (X square meters), Thailand (X square meters) and China (X square meters) were the main suppliers of imports of boards, sheets, panels, or tiles of gypsum or plaster to Kenya, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Tanzania ($X), Thailand ($X) and China ($X) were the largest board, sheet, panel, tile and similar article of plaster suppliers to Kenya, with a combined X% share of total imports.

In terms of the main suppliers, Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, with an increase of X% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for boards, sheets, panels, or tiles of gypsum or plaster increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($X per square meter), while the price for Egypt ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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