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Report Kenya - Cobalt - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Kenya - Cobalt - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Cobalt Market 2022

Cobalt Market Size in Kenya

In 2021, after nine years of growth, there was decline in the Kenyan cobalt market, when its value decreased by -2.4% to $X. Overall, consumption, however, saw significant growth. Over the period under review, the market hit record highs at $X in 2020, and then shrank slightly in the following year.

Cobalt Production in Kenya

In value terms, cobalt production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 7.4% against the previous year. Cobalt production peaked at $X in 2020, and then shrank modestly in the following year.

Cobalt Exports

Exports from Kenya

In 2021, after eight years of decline, there was significant growth in overseas shipments of cobalt, when their volume increased by 18% to X tons. In general, exports, however, faced a precipitous decrease. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cobalt exports surged to $X in 2021. Over the period under review, exports, however, faced a sharp descent. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for cobalt exports from Kenya, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China stood at -24.6%.

In value terms, China ($X) also remains the key foreign market for cobalt exports from Kenya.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -19.1%.

Export Prices by Country

In 2021, the average cobalt export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 11%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then declined modestly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +7.4% per year.

Cobalt Imports

Imports into Kenya

Cobalt imports into Kenya was estimated at X kg in 2016, therefore, remained relatively stable against 2015 figures. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs in 2016 and are expected to retain growth in the near future.

In value terms, cobalt imports amounted to $X in 2016. In general, imports showed a relatively flat trend pattern. Imports peaked in 2016 and are expected to retain growth in the immediate term.

Imports by Country

In 2016, the UK (X kg) was the main supplier of cobalt to Kenya, with a approx. 100% share of total imports.

From 2016 to 2016, the average annual growth rate of volume from the UK was relatively modest.

In value terms, the UK ($X) constituted the largest supplier of cobalt to Kenya.

From 2016 to 2016, the average annual rate of growth in terms of value from the UK was relatively modest.

Source: IndexBox Platform

This report provides an in-depth analysis of the cobalt market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Kenya

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Kenya
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2024
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2024
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms, 2012–2024
      3. Market Value, 2012–2024
      4. Per Capita Consumption In 2012-2024
      5. Imports, In Physical Terms, By Country, 2012–2024
      6. Imports, In Value Terms, By Country, 2012–2024
      7. Import Prices, By Country Of Origin, 2012–2024
      8. Exports, In Physical Terms, By Country, 2012–2024
      9. Exports, In Value Terms, By Country, 2012–2024
      10. Export Prices, By Country Of Destination, 2012–2024

    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2024
      2. Market Value, 2012–2024
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
      5. Trade Balance, In Physical Terms, 2012-2024
      6. Trade Balance, In Value Terms, 2012-2024
      7. Per Capita Consumption, 2012-2024
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2024
      22. Production, In Value Terms, 2012–2024
      23. Imports, In Physical Terms, 2012–2024
      24. Imports, In Value Terms, 2012–2024
      25. Imports, In Physical Terms, By Country, 2024
      26. Imports, In Physical Terms, By Country, 2012–2024
      27. Imports, In Value Terms, By Country, 2012–2024
      28. Import Prices, By Country Of Origin, 2012–2024
      29. Exports, In Physical Terms, 2012–2024
      30. Exports, In Value Terms, 2012–2024
      31. Exports, In Physical Terms, By Country, 2024
      32. Exports, In Physical Terms, By Country, 2012–2024
      33. Exports, In Value Terms, By Country, 2012–2024
      34. Export Prices, By Country Of Destination, 2012–2024

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