Report Update Nov 1, 2024

Kenya - Ferro-Silicon - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Ferro-Silicon Market 2024

Ferro-Silicon Market Size in Kenya

In 2022, after two years of growth, there was significant decline in the Kenyan ferro-silicon market, when its value decreased by -6.3% to $X. Overall, consumption showed a pronounced decrease. Ferro-silicon consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ferro-Silicon Exports

Exports from Kenya

After two years of growth, shipments abroad of ferro-silicon decreased by -45.2% to X tons in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 179%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, ferro-silicon exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 156%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Rwanda (X tons) was the main destination for ferro-silicon exports from Kenya, accounting for a 68% share of total exports. Moreover, ferro-silicon exports to Rwanda exceeded the volume sent to the second major destination, Uganda (X tons), twofold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Rwanda stood at +47.3%.

In value terms, Rwanda ($X) remains the key foreign market for ferro-silicon exports from Kenya, comprising 90% of total exports. The second position in the ranking was held by Uganda ($X), with a 10% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Rwanda totaled +55.4%.

Export Prices by Country

The average ferro-silicon export price stood at $X per ton in 2022, rising by 208% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Uganda amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+5.5%).

Ferro-Silicon Imports

Imports into Kenya

After two years of growth, overseas purchases of ferro-silicon decreased by -8.9% to X tons in 2022. Over the period under review, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 65%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ferro-silicon imports dropped to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 83%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of ferro-silicon to Kenya, with a 63% share of total imports. Moreover, ferro-silicon imports from India exceeded the figures recorded by the second-largest supplier, Zambia (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Zambia (+10.3% per year) and China (+3.3% per year).

In value terms, India ($X) constituted the largest supplier of ferro-silicon to Kenya, comprising 62% of total imports. The second position in the ranking was held by Zambia ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India amounted to -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Zambia (+13.6% per year) and China (+6.1% per year).

Import Prices by Country

In 2022, the average ferro-silicon import price amounted to $X per ton, with an increase of 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2013 when the average import price increased by 63%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-silicon in the world?

China remains the largest ferro-silicon consuming country worldwide, accounting for 42% of total volume. Moreover, ferro-silicon consumption in China exceeded the figures recorded by the second-largest consumer, Russia, sixfold. The third position in this ranking was occupied by the United States, with a 6.9% share.

What are the largest producers of ferro-silicon in the world?

China constituted the country with the largest volume of ferro-silicon production, comprising approx. 53% of total volume. Moreover, ferro-silicon production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. The United States ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of ferro-silicon to Kenya?

In value terms, China, Zambia and India were the largest ferro-silicon suppliers to Kenya, with a combined 99% share of total imports.

What are the leading importers of ferro-silicon from Kenya?

In value terms, Uganda remains the key foreign market for ferro-silicon exports from Kenya, comprising 184% of total exports. The second position in the ranking was occupied by South Africa $456), with an 8.3% share of total exports.

What is the average export price for ferro-silicon in Kenya?

The average ferro-silicon export price stood at $1,951 per ton in 2021, growing by 11% against the previous year.

What is the average import price for ferro-silicon in Kenya?

In 2021, the average ferro-silicon import price amounted to $1,989 per ton, increasing by 46% against the previous year.

This report provides an in-depth analysis of the ferro-silicon 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:

Prodcom 24101230 - Ferro-silicon
Prodcom 24101235 -
Prodcom 24101236 -
Prodcom 24101239 -

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023