Kenya: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Kenya

The Kenyan marble granules and powder market surged to $X in 2021, with an increase of 32% against the previous year. Overall, consumption saw a strong increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Granules, Chippings And Powder Of Marble in Kenya

In value terms, marble granules and powder production skyrocketed to $X in 2021 estimated in export price. In general, production posted a strong increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 62%. Marble granules and powder production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Kenya

Marble granules and powder exports from Kenya totaled X tons in 2021, almost unchanged from the previous year's figure. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 212%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, marble granules and powder exports reduced notably to $X in 2021. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 632%. The exports peaked at $X in 2020, and then contracted markedly in the following year.

Exports by Country

Rwanda (X tons) was the main destination for marble granules and powder exports from Kenya, accounting for a 83% share of total exports. Moreover, marble granules and powder exports to Rwanda exceeded the volume sent to the second major destination, Tanzania (X tons), ninefold. Djibouti (X tons) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Rwanda amounted to +37.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (0.0% per year) and Djibouti (0.0% per year).

In value terms, Rwanda ($X) remains the key foreign market for granules, chippings and powder of marble exports from Kenya, comprising 80% of total exports. The second position in the ranking was taken by Tanzania ($X), with an 11% share of total exports. It was followed by Djibouti, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Rwanda stood at +40.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (0.0% per year) and Djibouti (0.0% per year).

Export Prices by Country

The average marble granules and powder export price stood at $X per ton in 2021, reducing by -16.6% against the previous year. In general, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 135%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Djibouti ($X per ton), while the average price for exports to Uganda ($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 Uganda (+13.4%).

Imports of Granules, Chippings And Powder Of Marble

Imports into Kenya

In 2021, the amount of granules, chippings and powder of marble imported into Kenya surged to X tons, with an increase of 33% against 2020. Overall, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of 432% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, marble granules and powder imports soared to $X in 2021. In general, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of 495% against the previous year. 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, Vietnam (X tons) constituted the largest supplier of marble granules and powder to Kenya, accounting for a 44% share of total imports. Moreover, marble granules and powder imports from Vietnam exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from Vietnam totaled -17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+46.5% per year) and India (+18.6% per year).

In value terms, Vietnam ($X) constituted the largest supplier of granules, chippings and powder of marble to Kenya, comprising 36% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Italy, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from Vietnam stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+45.5% per year) and Italy (-29.7% per year).

Import Prices by Country

In 2021, the average marble granules and powder import price amounted to $X per ton, declining by -6.2% against the previous year. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 22%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+171.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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