Kenya: Refined Lead Market 2022

Refined Lead Market Size in Kenya

In 2020, the Kenyan refined lead market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption recorded moderate growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Refined Lead Production in Kenya

In value terms, refined lead production shrank modestly to $X in 2020 estimated in export prices. Over the period under review, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

Refined Lead Exports

Exports from Kenya

After two years of decline, overseas shipments of refined lead increased by X% to X tons in 2020. Overall, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. As a result, exports attained the peak of X tons. from 2009 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, refined lead exports surged to $X in 2020. In general, exports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for refined lead exports from Kenya, with a X% share of total exports. Moreover, refined lead exports to Belgium exceeded the volume sent to the second major destination, India (X tons), threefold.

From 2007 to 2020, the average annual growth rate of volume to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-X% per year) and the United Arab Emirates (-X% per year).

In value terms, Belgium ($X) remains the key foreign market for refined lead exports from Kenya, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and India (-X% per year).

Export Prices by Country

In 2020, the average refined lead export price amounted to $X per ton, flattening at the previous year. Overall, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per ton in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Belgium ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced a decline.

Refined Lead Imports

Imports into Kenya

In 2020, supplies from abroad of refined lead was finally on the rise to reach X tons after four years of decline. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tons in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

In value terms, refined lead imports soared to $X in 2020. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2012 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Democratic Republic of the Congo (X tons), South Africa (X tons) and South Korea (X tons) were the main suppliers of refined lead imports to Kenya, with a combined X% share of total imports. These countries were followed by Tanzania and Turkey, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tanzania, while imports for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X), South Africa ($X) and South Korea ($X) constituted the largest refined lead suppliers to Kenya, with a combined X% share of total imports. Tanzania and Turkey lagged somewhat behind, together comprising a further X recorded 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

In 2020, the average refined lead import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. The pace of growth was the most pronounced in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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