Kenya: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2025

Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in Kenya

The Kenyan silicon-electrical steel flat-rolled product market totaled $X in 2021, increasing by 3.8% against the previous year. Overall, consumption saw a pronounced descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Flat-Rolled Products Of Silicon-Electrical Steel in Kenya

In value terms, silicon-electrical steel flat-rolled product production rose rapidly to $X in 2021 estimated in export price. In general, production showed a noticeable slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by 24% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Flat-Rolled Products Of Silicon-Electrical Steel

Exports from Kenya

Silicon-electrical steel flat-rolled product exports from Kenya surged to X tons in 2021, increasing by 20% against the year before. Overall, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +88.0% against 2012 indices. The pace of growth appeared the most rapid in 2017 with an increase of 31%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, silicon-electrical steel flat-rolled product exports soared to $X in 2021. Over the period under review, exports showed a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by 57%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Tanzania (X tons), Burundi (X tons) and India (X tons) were the main destinations of silicon-electrical steel flat-rolled product exports from Kenya, together comprising 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for Burundi (with a CAGR of +54.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Tanzania ($X) remains the key foreign market for flat-rolled products of silicon-electrical steel exports from Kenya, comprising 63% of total exports. The second position in the ranking was taken by Burundi ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tanzania amounted to +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+57.7% per year) and India (-7.1% per year).

Export Prices by Country

In 2021, the average silicon-electrical steel flat-rolled product export price amounted to $X per ton, picking up by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2017 when the average export price increased by 20% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Burundi ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flat-Rolled Products Of Silicon-Electrical Steel

Imports into Kenya

In 2021, silicon-electrical steel flat-rolled product imports into Kenya rose markedly to X tons, surging by 8.3% against the year before. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 447% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, silicon-electrical steel flat-rolled product imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2017 when imports increased by 1,188%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest silicon-electrical steel flat-rolled product supplier to Kenya, with a 63% share of total imports. Moreover, silicon-electrical steel flat-rolled product imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, South Africa (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+20.0% per year) and China (+36.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of flat-rolled products of silicon-electrical steel to Kenya, comprising 69% of total imports. The second position in the ranking was taken by South Africa ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+13.5% per year) and China (+39.9% per year).

Import Prices by Country

In 2021, the average silicon-electrical steel flat-rolled product import price amounted to $X per ton, with an increase of 76% against the previous year. Over the period under review, the import price continues to indicate a notable increase. The growth pace was the most rapid in 2017 an increase of 136% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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