Kenya: Refined Lead Market 2025

Refined Lead Market Size in Kenya

The Kenyan refined lead market declined to $X in 2022, waning by -6.3% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Refined Lead Production in Kenya

In value terms, refined lead production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a mild descent. The pace of growth was the most pronounced in 2018 with an increase of 34%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Refined Lead Exports

Exports from Kenya

In 2022, overseas shipments of refined lead (unwrought) decreased by -2.7% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 690%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, refined lead exports reached $X in 2022. Overall, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2016 when exports increased by 419%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for refined lead exports from Kenya, with a 72% share of total exports. Moreover, refined lead exports to India exceeded the volume sent to the second major destination, Belgium (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to India stood at -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-16.7% per year) and the United Arab Emirates (-26.4% per year).

In value terms, the largest markets for refined lead exported from Kenya were the United Arab Emirates ($X), India ($X) and Belgium ($X).

The United Arab Emirates, with a CAGR of -11.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average refined lead export price amounted to $X per ton, surging by 16% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 111% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to India ($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 the United Arab Emirates (+19.8%), while the prices for the other major destinations experienced a decline.

Refined Lead Imports

Imports into Kenya

In 2022, purchases abroad of refined lead (unwrought) decreased by -9.7% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed tangible growth. The pace of growth was the most pronounced in 2020 with an increase of 141%. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, refined lead imports shrank to $X in 2022. Overall, imports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2020 with an increase of 163% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

Tanzania (X tons), the Dominican Republic (X tons) and South Korea (X tons) were the main suppliers of refined lead imports to Kenya, with a combined 51% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +29.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) constituted the largest supplier of refined lead (unwrought) to Kenya, comprising 40% of total imports. The second position in the ranking was taken by Tanzania ($X), with an 18% share of total imports. It was followed by South Korea, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from the Dominican Republic stood at +46.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (+23.1% per year) and South Korea (+4.9% per year).

Import Prices by Country

The average refined lead import price stood at $X per ton in 2022, falling by -4.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 13% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 the Dominican Republic ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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