Kenya: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Kenya

The Kenyan market for glaziers putty, grafting putty, other mastics and painters' fillings expanded markedly to $X in 2022, with an increase of 5% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Kenya

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 23%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Kenya

Exports of glaziers putty, grafting putty, other mastics and painters' fillings from Kenya contracted sharply to X tons in 2022, dropping by -26.4% compared with the previous year's figure. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 255%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings fell rapidly to $X in 2022. Overall, exports saw a pronounced decrease. The growth pace was the most rapid in 2018 with an increase of 233%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Tanzania (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Kenya, accounting for a 77% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to Tanzania exceeded the volume sent to the second major destination, Somalia (X tons), more than tenfold. The third position in this ranking was held by Uganda (X tons), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to Tanzania stood at +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+87.6% per year) and Uganda (-27.2% per year).

In value terms, Tanzania ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Kenya, comprising 67% of total exports. The second position in the ranking was taken by Uganda ($X), with a 14% share of total exports. It was followed by Rwanda, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value to Tanzania totaled +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-12.9% per year) and Rwanda (-6.1% per year).

Export Prices by Country

In 2022, the average export price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, falling by -4.9% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glaziers putty, grafting putty, other mastics and painters' fillings increased by +14.5% against 2019 indices. The growth pace was the most rapid in 2014 when the average export price increased by 42%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Somalia ($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 Uganda (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Kenya

In 2022, after two years of decline, there was significant growth in purchases abroad of glaziers putty, grafting putty, other mastics and painters' fillings, when their volume increased by 19% to X tons. Over the period under review, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 72% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings soared to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.2% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 73% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Egypt (X tons) and Spain (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to Kenya, with a combined 59% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +23.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), China ($X) and Thailand ($X) appeared to be the largest glaziers, grafting putty and painters' filling suppliers to Kenya, with a combined 71% share of total imports.

Egypt, with a CAGR of +37.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, surging by 14% against the previous year. In general, the import price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2015 an increase of 32%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Spain ($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 (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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