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

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Kenya: Steatite Market 2021

Steatite Market Size in Kenya

In 2019, the Kenyan steatite market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Steatite consumption peaked at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Steatite Exports

Exports from Kenya

In 2019, approx. X tons of steatites were exported from Kenya; shrinking by -X% on the year before. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. As a result, exports attained the peak of X tons. From 2010 to 2019, the growth exports remained at a lower figure.

In value terms, steatite exports fell to $X in 2019. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2009 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2010 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Rwanda (X tons) was the main destination for steatite exports from Kenya, accounting for a X% share of total exports. Moreover, steatite exports to Rwanda exceeded the volume sent to the second major destination, Sweden (X tons), twofold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Rwanda totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Botswana (+X% per year).

In value terms, Rwanda ($X) emerged as the key foreign market for steatite exports from Kenya, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Rwanda totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Botswana (+X% per year).

Export Prices by Country

The average steatite export price stood at $X per ton in 2019, remaining constant against the previous year. Overall, the export price showed a mild increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per ton. From 2018 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Botswana, while the prices for the other major destinations experienced more modest paces of growth.

Steatite Imports

Imports into Kenya

In 2019, approx. X tons of steatites were imported into Kenya; waning by -X% compared with the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at X tons in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, steatite imports expanded modestly to $X in 2019. In general, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, India (X tons) constituted the largest supplier of steatite to Kenya, accounting for a X% share of total imports. Moreover, steatite imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Austria (+X% per year).

In value terms, India ($X) constituted the largest supplier of steatite to Kenya, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from India amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Austria (+X% per year).

Import Prices by Country

In 2019, the average steatite import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a mild reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2010; however, from 2011 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Austria ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for steatites in the world?

The countries with the highest volumes of steatite consumption in 2019 were China, Germany and Japan, with a combined 32% share of global consumption.

What are the largest producers of steatites in the world?

The countries with the highest volumes of steatite production in 2019 were China, Afghanistan and Finland, together accounting for 65% of global production.

What are the leading suppliers of steatites to Kenya?

In value terms, India constituted the largest supplier of steatite to Kenya, comprising 76% of total imports. The second position in the ranking was occupied by China, with a 13% share of total imports.

What are the leading importers of steatites from Kenya?

In value terms, Rwanda emerged as the key foreign market for steatite exports from Kenya, comprising 61% of total exports. The second position in the ranking was occupied by Sweden, with a 24% share of total exports.

What is the average export price for steatites in Kenya?

In 2019, the average steatite export price amounted to $491 per ton, approximately equating the previous year.

What is the average import price for steatites in Kenya?

In 2019, the average steatite import price amounted to $175 per ton, with an increase of 5.3% against the previous year.

This report provides an in-depth analysis of the steatite 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 2025.

Product coverage:

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