Kenya: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Kenya

The Kenyan marble and travertine blocks market reduced slightly to $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Marble and travertine blocks consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine Blocks And Slabs in Kenya

In value terms, marble and travertine blocks production declined slightly to $X in 2022 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.0% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 28%. Marble and travertine blocks production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Kenya

Marble and travertine blocks exports from Kenya surged to X tons in 2022, picking up by 22% against 2021. In general, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 170%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, marble and travertine blocks exports reduced sharply to $X in 2022. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by 624%. The exports peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

Rwanda (X tons), Uganda (X tons) and Tanzania (X tons) were the main destinations of marble and travertine blocks exports from Kenya, with a combined 99.9% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of +3.7%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for marble and travertine blocks exported from Kenya were Tanzania ($X), Uganda ($X) and Rwanda ($X), together comprising 99.9% of total exports.

Tanzania, with a CAGR of +22.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average marble and travertine blocks export price stood at $X per ton in 2022, declining by -38.9% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The growth pace was the most rapid in 2021 an increase of 195%. As a result, the export price reached the peak level of $X per ton, and then declined markedly in the following year.

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 Tanzania ($X per ton), while the average price for exports to Rwanda ($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 South Sudan (+1,212.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Marble And Travertine Blocks And Slabs

Imports into Kenya

In 2022, imports of marble and travertine blocks and slabs into Kenya surged to X tons, with an increase of 44% compared with 2021. Over the period under review, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 334%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, marble and travertine blocks imports fell slightly to $X in 2022. Overall, imports saw a moderate increase. The pace of growth appeared the most rapid in 2014 with an increase of 432%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Pakistan (X tons) constituted the largest supplier of marble and travertine blocks to Kenya, with a 43% share of total imports. Moreover, marble and travertine blocks imports from Pakistan exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Uganda (X tons) ranked third in terms of total imports with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Pakistan amounted to +31.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+55.2% per year) and Uganda (+34.4% per year).

In value terms, India ($X), Uganda ($X) and Italy ($X) were the largest marble and travertine blocks suppliers to Kenya, with a combined 70% share of total imports.

India, with a CAGR of +72.2%, saw the highest rates of growth with regard to 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

The average marble and travertine blocks import price stood at $X per ton in 2022, waning by -32.4% against the previous year. Over the period under review, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of 99% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for Pakistan ($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 (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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