Kenya: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2024

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in Kenya

After seven years of growth, the Kenyan rubber tube and pipe market decreased by -6.1% to $X in 2021. Overall, consumption, however, posted strong growth. Rubber tube and pipe consumption peaked at $X in 2020, and then shrank in the following year.

Production of Tubes, Pipes And Hoses Of Vulcanized Rubber in Kenya

In value terms, rubber tube and pipe production contracted to $X in 2021 estimated in export price. Overall, production, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 75% against the previous year. Rubber tube and pipe production peaked at $X in 2020, and then declined in the following year.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from Kenya

In 2021, overseas shipments of tubes, pipes and hoses of vulcanized rubber increased by 20% to X tons, rising for the second year in a row after four years of decline. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 226% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, rubber tube and pipe exports skyrocketed to $X in 2021. In general, exports posted a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 170%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons) was the main destination for rubber tube and pipe exports from Kenya, accounting for a 57% share of total exports. Moreover, rubber tube and pipe exports to Indonesia exceeded the volume sent to the second major destination, Uganda (X tons), threefold. The third position in this ranking was held by Tanzania (X kg), with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia totaled +150.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+28.8% per year) and Tanzania (+1.8% per year).

In value terms, Uganda ($X), Indonesia ($X) and Rwanda ($X) appeared to be the largest markets for rubber tube and pipe exported from Kenya worldwide, together accounting for 65% of total exports.

Indonesia, with a CAGR of +97.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rubber tube and pipe export price stood at $X per ton in 2021, picking up by 22% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 27% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Indonesia ($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 Rwanda (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports into Kenya

In 2021, imports of tubes, pipes and hoses of vulcanized rubber into Kenya skyrocketed to X tons, increasing by 41% on the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 101%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, rubber tube and pipe imports skyrocketed to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 60%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of rubber tube and pipe to Kenya, accounting for a 53% share of total imports. Moreover, rubber tube and pipe imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+10.3% per year) and the United Arab Emirates (-5.4% per year).

In value terms, China ($X), India ($X) and the United Arab Emirates ($X) were the largest rubber tube and pipe suppliers to Kenya, with a combined 41% share of total imports. These countries were followed by Italy, the UK, South Africa, Thailand and Turkey, which together accounted for a further 16%.

Among the main suppliers, Turkey, with a CAGR of +18.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rubber tube and pipe import price stood at $X per ton in 2021, waning by -8.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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