Report Update Nov 1, 2024

Kenya - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Unvulcanized Rubber Market 2024

Unvulcanized Rubber Market Size in Kenya

After two years of growth, the Kenyan unvulcanized rubber market decreased by -2.7% to $X in 2022. Over the period under review, consumption, however, saw a noticeable downturn. Unvulcanized rubber consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Unvulcanized Rubber Exports

Exports from Kenya

Unvulcanized rubber exports from Kenya shrank to X tons in 2022, waning by -13.6% compared with the previous year's figure. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by 83%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, unvulcanized rubber exports shrank rapidly to $X in 2022. Overall, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Uganda (X tons), Tanzania (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of unvulcanized rubber exports from Kenya, together comprising 78% of total exports. Rwanda, Ethiopia, Malawi and Zambia lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ethiopia (with a CAGR of +14.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unvulcanized rubber exported from Kenya were Tanzania ($X), Uganda ($X) and Ethiopia ($X), together accounting for 67% of total exports.

In terms of the main countries of destination, Ethiopia, with a CAGR of +26.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average unvulcanized rubber export price stood at $X per ton in 2022, reducing by -11.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 55% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Malawi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanized Rubber Imports

Imports into Kenya

In 2022, overseas purchases of unvulcanized rubber and articles thereof decreased by -0.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2014 when imports increased by 48% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, unvulcanized rubber imports reduced slightly to $X in 2022. In general, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 36%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of unvulcanized rubber imports to Kenya, with a combined 80% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +3.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unvulcanized rubber suppliers to Kenya were India ($X), China ($X) and Malaysia ($X), together comprising 73% of total imports.

Among the main suppliers, China, with a CAGR of +8.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average unvulcanized rubber import price amounted to $X per ton, falling by -3.4% against the previous year. Overall, the import price showed a perceptible slump. The growth pace was the most rapid in 2017 an increase of 13%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for India ($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 (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unvulcanized rubber and articles thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together comprising 47% of global consumption. Malaysia, Italy, Indonesia, Spain, Germany, India, Canada, Poland, France and Turkey lagged somewhat behind, together comprising a further 29%.

What are the largest producers of unvulcanized rubber and articles thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together accounting for 47% of global production.

What are the leading suppliers of unvulcanized rubber and articles thereof to Kenya?

In value terms, China, India and Malaysia constituted the largest unvulcanized rubber suppliers to Kenya, together comprising 70% of total imports. These countries were followed by Thailand, South Africa, Sri Lanka and Brazil, which together accounted for a further 19%.

What are the leading importers of unvulcanized rubber and articles thereof from Kenya?

In value terms, Tanzania, Uganda and Democratic Republic of the Congo appeared to be the largest markets for unvulcanized rubber exported from Kenya worldwide, with a combined 83% share of total exports. These countries were followed by Rwanda, Ethiopia and South Sudan, which together accounted for a further 11%.

What is the average export price for unvulcanized rubber and articles thereof in Kenya?

The average unvulcanized rubber export price stood at $4,140 per ton in 2021, surging by 34% against the previous year.

What is the average import price for unvulcanized rubber and articles thereof in Kenya?

In 2021, the average unvulcanized rubber import price amounted to $2,722 per ton, with an increase of 3.2% against the previous year.

This report provides an in-depth analysis of the unvulcanized rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
Prodcom 22192050 - Vulcanised rubber thread and cord
Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
Prodcom 22192087 - Extruded solid rubber rods and profiles

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