Report Update Nov 1, 2024

Kenya - Sails - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Sails Market 2024

Sails Market Size in Kenya

The Kenyan sails market rose slightly to $X in 2022, surging by 2.1% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.0% against 2020 indices. Sails consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sails Production in Kenya

In value terms, sails production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 -4.0% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 46% against the previous year. Sails production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Sails Exports

Exports from Kenya

In 2022, the amount of sails exported from Kenya skyrocketed to X kg, jumping by 45% on 2021. In general, exports, however, showed a dramatic decrease. The pace of growth was the most pronounced in 2019 with an increase of 90%. The exports peaked at X kg in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sails exports surged to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 539% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Burundi (X kg) was the main destination for sails exports from Kenya, accounting for a approx. 100% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of volume to Burundi totaled -16.6%.

In value terms, Burundi ($X) emerged as the key foreign market for sails exports from Kenya.

From 2017 to 2022, the average annual rate of growth in terms of value to Burundi amounted to -8.3%.

Export Prices by Country

In 2022, the average sails export price amounted to $X per ton, declining by -15% against the previous year. Overall, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 428% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Burundi.

From 2017 to 2022, the rate of growth in terms of prices for Burundi amounted to +9.9% per year.

Sails Imports

Imports into Kenya

Sails imports into Kenya soared to X kg in 2022, rising by 42% compared with the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 85% against the previous year. As a result, imports reached the peak of X kg. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, sails imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2018 when imports increased by 104% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The UK (X kg), China (X kg) and the United Arab Emirates (X kg) were the main suppliers of sails imports to Kenya, with a combined 75% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +33.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and South Africa ($X) appeared to be the largest sails suppliers to Kenya, together accounting for 62% of total imports.

China, with a CAGR of +21.6%, 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

The average sails import price stood at $X per ton in 2022, dropping by -2.5% against the previous year. In general, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for the United Arab Emirates ($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 United Arab Emirates (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sails in the world?

The country with the largest volume of sail consumption was China, comprising approx. 16% of total volume. Moreover, sail consumption in China exceeded the figures recorded by the second-largest consumer, the Netherlands, twofold. India ranked third in terms of total consumption with a 6.6% share.

What are the largest producers of sails in the world?

China constituted the country with the largest volume of sail production, accounting for 17% of total volume. Moreover, sail production in China exceeded the figures recorded by the second-largest producer, the Netherlands, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the leading suppliers of sails to Kenya?

In value terms, the largest sail suppliers to Kenya were South Africa, China and the U.S. $201).

What is the average export price for sails in Kenya?

The average sail export price stood at $132,429 per ton in 2020, rising by 1,042% against the previous year.

What is the average import price for sails in Kenya?

In 2020, the average sail import price amounted to $45,116 per ton, shrinking by -15.7% against the previous year.

This report provides an in-depth analysis of the sails market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13922250 - Sails

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023