Kenya: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Kenya

After two years of decline, the Kenyan non-woven glass fibre articles market increased by 3.9% to $X in 2021. In general, consumption, however, saw a deep setback. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Kenya

In 2021, approx. X tons of non-woven glass fibre webs, felts, mattresses and boards were exported from Kenya; shrinking by -66.9% against 2020 figures. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 13,038%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-woven glass fibre articles exports dropped remarkably to $X in 2021. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by 24,053%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Tanzania (X tons) was the main destination for non-woven glass fibre articles exports from Kenya, with a 88% share of total exports. Moreover, non-woven glass fibre articles exports to Tanzania exceeded the volume sent to the second major destination, Rwanda (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Tanzania totaled +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+57.2% per year) and Uganda (+23.5% per year).

In value terms, Tanzania ($X) emerged as the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Kenya, comprising 92% of total exports. The second position in the ranking was taken by Uganda ($X), with a 5.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania amounted to +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+27.3% per year) and Rwanda (+41.3% per year).

Export Prices by Country

The average non-woven glass fibre articles export price stood at $X per ton in 2021, reducing by -31.3% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth was the most pronounced in 2019 an increase of 83% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Kenya

In 2021, approx. X tons of non-woven glass fibre webs, felts, mattresses and boards were imported into Kenya; growing by 7.9% against 2020. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 403% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, non-woven glass fibre articles imports contracted to $X in 2021. In general, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2018 with an increase of 403% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Egypt (X tons) constituted the largest supplier of non-woven glass fibre articles to Kenya, with a 34% share of total imports. Moreover, non-woven glass fibre articles imports from Egypt exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Switzerland (X tons), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Egypt totaled +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-23.0% per year) and Switzerland (+59.2% per year).

In value terms, Egypt ($X) constituted the largest supplier of non-woven glass fibre webs, felts, mattresses and boards to Kenya, comprising 28% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Switzerland, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value from Egypt amounted to +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-21.1% per year) and Switzerland (+12.0% per year).

Import Prices by Country

The average non-woven glass fibre articles import price stood at $X per ton in 2021, dropping by -13% against the previous year. In general, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-woven glass fibre articles import price increased by +5.0% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 42% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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