Kenya: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in Kenya

The Kenyan unvulcanised rubber market reached $X in 2021, growing by 4.6% against the previous year. In general, consumption enjoyed buoyant growth. Unvulcanised rubber consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Unvulcanised Rubber Production in Kenya

In value terms, unvulcanised rubber production stood at $X in 2021 estimated in export price. Overall, production recorded a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 23% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Unvulcanised Rubber Exports

Exports from Kenya

In 2021, exports of unvulcanised rubber from Kenya declined notably to X tons, which is down by -54.4% compared with the previous year's figure. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2017 when exports increased by 539%. Over the period under review, the exports hit record highs at X tons in 2020, and then dropped notably in the following year.

In value terms, unvulcanised rubber exports contracted significantly to $X in 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 326%. Over the period under review, the exports hit record highs at $X in 2020, and then dropped rapidly in the following year.

Exports by Country

Tanzania (X tons), Uganda (X tons) and Rwanda (X kg) were the main destinations of unvulcanised rubber exports from Kenya, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Uganda (with a CAGR of +0.1%), while shipments for the other leaders experienced a decline.

In value terms, Tanzania ($X) remains the key foreign market for unvulcanised rubber exports from Kenya, comprising 79% of total exports. The second position in the ranking was held by Uganda ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tanzania totaled +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-4.3% per year) and Rwanda (-25.6% per year).

Export Prices by Country

In 2021, the average unvulcanised rubber export price amounted to $X per ton, surging by 65% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 190%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Rwanda ($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 Tanzania (+11.3%), while the prices for the other major destinations experienced a decline.

Unvulcanised Rubber Imports

Imports into Kenya

In 2021, purchases abroad of unvulcanised rubber decreased by -13.4% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 227%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, unvulcanised rubber imports contracted to $X in 2021. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 216%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Malaysia (X tons), Brazil (X tons) and India (X tons) were the main suppliers of unvulcanised rubber imports to Kenya, together comprising 64% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +22.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X) constituted the largest supplier of unvulcanised rubber to Kenya, comprising 36% of total imports. The second position in the ranking was taken by Brazil ($X), with a 17% share of total imports. It was followed by South Africa, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Malaysia amounted to -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+10.7% per year) and South Africa (-10.9% per year).

Import Prices by Country

In 2021, the average unvulcanised rubber import price amounted to $X per ton, flattening at the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 6.9%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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