Kenya: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Kenya

In 2021, after five years of growth, there was significant decline in the Kenyan market for drawn glass and blown glass, when its value decreased by -66.7% to $X. Overall, consumption faced a abrupt setback. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Exports of Drawn Glass And Blown Glass

Exports from Kenya

In 2021, after five years of decline, there was significant growth in overseas shipments of drawn glass and blown glass, when their volume increased by 111% to X square meters. In general, exports, however, faced a abrupt decrease. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, drawn glass and blown glass exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a deep contraction. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Burundi (X square meters), South Sudan (X square meters) and Uganda (X square meters) were the main destinations of drawn glass and blown glass exports from Kenya, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for South Sudan (with a CAGR of +27.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Sudan ($X) emerged as the key foreign market for drawn glass and blown glass exports from Kenya, comprising 41% of total exports. The second position in the ranking was taken by Uganda ($X), with a 16% share of total exports. It was followed by Democratic Republic of the Congo, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to South Sudan amounted to +34.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+30.0% per year) and Democratic Republic of the Congo (-30.5% per year).

Export Prices by Country

The average export price for drawn glass and blown glass stood at $X per square meter in 2021, shrinking by -13.6% against the previous year. In general, export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 66% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per square meter), while the average price for exports to Burundi ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawn Glass And Blown Glass

Imports into Kenya

After five years of growth, overseas purchases of drawn glass and blown glass decreased by -71.9% to X square meters in 2021. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 11,271%. As a result, imports attained the peak of X square meters. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, drawn glass and blown glass imports shrank remarkably to $X in 2021. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by 10,696% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest drawn glass and blown glass supplier to Kenya, with a 63% share of total imports. Moreover, drawn glass and blown glass imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X square meters), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-17.8% per year) and the United Arab Emirates (+10.9% per year).

In value terms, the largest drawn glass and blown glass suppliers to Kenya were Saudi Arabia ($X), China ($X) and the United Arab Emirates ($X), together comprising 93% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +1.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for drawn glass and blown glass stood at $X per square meter in 2021, surging by 60% against the previous year. In general, the import price, however, saw a abrupt setback. The import price peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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