Kenya: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Kenya

In 2022, the Kenyan glass in the mass market decreased by -27.2% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, posted a buoyant increase. Glass in the mass consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Glass in The Mass in Kenya

In value terms, glass in the mass production dropped to $X in 2022 estimated in export price. Overall, production, however, posted strong growth. The growth pace was the most rapid in 2015 with an increase of 57% against the previous year. Glass in the mass production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Glass in The Mass

Exports from Kenya

In 2022, overseas shipments of glass in the mass were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw mild growth. The pace of growth was the most pronounced in 2019 when exports increased by 6,638% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, glass in the mass exports soared to $X in 2022. In general, exports saw a moderate expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 3,890%. Over the period under review, the glass in mass exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons), the United Arab Emirates (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of glass in the mass exports from Kenya, together comprising 99.9% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +15.2%), while the other leaders experienced mixed trend patterns.

In value terms, Democratic Republic of the Congo ($X), the United Arab Emirates ($X) and Tanzania ($X) appeared to be the largest markets for glass in the mass exported from Kenya worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, Democratic Republic of the Congo, with a CAGR of +12.9%, 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 mixed trend patterns.

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, surging by 85% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Glass in The Mass

Imports into Kenya

In 2022, overseas purchases of glass in the mass were finally on the rise to reach X tons after eight years of decline. In general, imports, however, showed a dramatic descent. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, glass in the mass imports surged to $X in 2022. Over the period under review, imports, however, faced a dramatic shrinkage. Over the period under review, glass in mass imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Burundi (X tons) and Uganda (X kg) were the main suppliers of glass in the mass imports to Kenya, together accounting for 99% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +3.8%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of glass in the mass to Kenya, comprising 94% of total imports. The second position in the ranking was held by Burundi ($X), with a 3.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Burundi (-40.8% per year) and Uganda (-47.3% per year).

Import Prices by Country

In 2022, the average glass in the mass import price amounted to $X per ton, increasing by 8.8% against the previous year. Over the period under review, the import price recorded strong growth. The most prominent rate of growth was recorded in 2014 an increase of 110%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Burundi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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