Kenya: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in Kenya

The Kenyan non-reinforced rubber tubing market soared to $X in 2021, growing by 63% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a noticeable expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Non-Reinforced Rubber Tubing Exports

Exports from Kenya

In 2021, approx. X kg of rubber tubing not reinforced were exported from Kenya; which is down by -29.3% against the previous year's figure. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 1,531%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, non-reinforced rubber tubing exports stood at $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 802% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Ethiopia (X kg) was the main destination for non-reinforced rubber tubing exports from Kenya, with a 57% share of total exports. Moreover, non-reinforced rubber tubing exports to Ethiopia exceeded the volume sent to the second major destination, Tanzania (X kg), threefold. The third position in this ranking was taken by South Africa (X kg), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ethiopia totaled +36.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-5.0% per year) and South Africa (+42.6% per year).

In value terms, Ethiopia ($X) remains the key foreign market for rubber tubing not reinforced exports from Kenya, comprising 68% of total exports. The second position in the ranking was taken by South Africa ($X), with a 9.7% share of total exports. It was followed by Tanzania, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ethiopia totaled +37.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+40.2% per year) and Tanzania (-4.0% per year).

Export Prices by Country

In 2021, the average non-reinforced rubber tubing export price amounted to $X per ton, jumping by 43% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 47%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was South Sudan ($X per ton), while the average price for exports to Tanzania ($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 Senegal (+32.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Reinforced Rubber Tubing Imports

Imports into Kenya

In 2021, purchases abroad of rubber tubing not reinforced was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2017 when imports increased by 66%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-reinforced rubber tubing imports skyrocketed to $X in 2021. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest non-reinforced rubber tubing supplier to Kenya, with a 74% share of total imports. Moreover, non-reinforced rubber tubing imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.6% per year) and the United Arab Emirates (-11.4% per year).

In value terms, China ($X) constituted the largest supplier of rubber tubing not reinforced to Kenya, comprising 35% of total imports. The second position in the ranking was taken by India ($X), with a 4.6% share of total imports. It was followed by the United Arab Emirates, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.6% per year) and the United Arab Emirates (-4.5% per year).

Import Prices by Country

The average non-reinforced rubber tubing import price stood at $X per ton in 2021, picking up by 3.8% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-reinforced rubber tubing import price increased by +36.5% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 62%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :