Kenya - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Metal Permanent Magnet Price in Kenya - 2021
Contents:
- Non-Metal Permanent Magnet Price in Kenya (CIF) - 2022
- Non-Metal Permanent Magnet Price in Kenya (FOB) - 2022
- Non-Metal Permanent Magnet Imports in Kenya
- Non-Metal Permanent Magnet Exports in Kenya
Non-Metal Permanent Magnet Price in Kenya (CIF) - 2022
The average non-metal permanent magnet import price stood at $6,683 per ton in 2022, which is down by -38.2% against the previous year. In general, the import price, however, posted a slight increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 132% against the previous year. As a result, import price reached the peak level of $15,463 per ton. From 2018 to 2022, the average 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 the UK ($23,931 per ton), while the price for India ($3,341 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Metal Permanent Magnet Price in Kenya (FOB) - 2022
Kenya has no trade partners to describe.
Non-Metal Permanent Magnet Imports in Kenya
In 2022, non-metal permanent magnet imports into Kenya soared to 34 tons, rising by 219% on 2021. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-metal permanent magnet imports surged to $225K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Metal Permanent Magnet in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.7 | 41.6 | 28.5 | 150 | 57.1% |
| India | 41.0 | 23.4 | 21.2 | 26.8 | -13.2% |
| United Kingdom | 21.8 | 48.5 | 9.0 | 25.5 | 5.4% |
| Others | 26.6 | 51.7 | 55.7 | 23.5 | -4.0% |
| Total | 128 | 165 | 114 | 225 | 20.7% |
Top Suppliers of Non-Metal Permanent Magnet to Kenya in 2022:
- China (23.7 tons)
- India (8.0 tons)
- United Kingdom (1.1 tons)
Non-Metal Permanent Magnet Exports in Kenya
In 2022, exports of non-metal permanent magnets from Kenya declined rapidly to 38 kg, waning by -79.6% compared with the year before. Overall, exports recorded a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 6.9% against the previous year.
In value terms, non-metal permanent magnet exports stood at $2.9K in 2022. In general, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year.
| Export of Non-Metal Permanent Magnet in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 700 | 283 | 425 | N/A | -22.1% |
| New Zealand | 277 | 96.0 | 123 | N/A | -33.4% |
| Uganda | 1,598 | 89.0 | 1,072 | N/A | -18.1% |
| Rwanda | 969 | 414 | 29.0 | N/A | -82.7% |
| Ethiopia | 926 | 276 | 285 | N/A | -44.5% |
| Tanzania | 147 | 98.0 | 269 | N/A | 35.3% |
| Canada | 41.0 | 15.0 | 20.0 | N/A | -30.2% |
| Ghana | 322 | 125 | 181 | N/A | -25.0% |
| Others | 1,430 | 299 | 337 | 2,871 | 26.2% |
| Total | 6,410 | 1,695 | 2,741 | 2,871 | -23.5% |
Top Export Markets for Non-Metal Permanent Magnet from Kenya in 2022:
This report provides an in-depth analysis of the non-metal permanent magnet 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 23441230 - Permanent magnets and articles intended to become permanent magnets (excluding of metal)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
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Explore the top 10 import markets for permanent magnets, including key statistics and insights. Find out which countries dominate the global import market for these essential materials.
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