Kenya - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ready-Mixed Concrete and Factory Made Mortar in Kenya - 2022
Contents:
- Price for Ready-Mixed Concrete and Factory Made Mortar in Kenya (FOB) - 2022
- Price for Ready-Mixed Concrete and Factory Made Mortar in Kenya (CIF) - 2022
- Exports of Ready-Mixed Concrete and Factory Made Mortar in Kenya
- Imports of Ready-Mixed Concrete and Factory Made Mortar in Kenya
Price for Ready-Mixed Concrete and Factory Made Mortar in Kenya (FOB) - 2022
In 2022, the average export price for ready-mixed concrete and factory made mortars amounted to $458 per ton, falling by -5.8% against the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 12%. As a result, the export price attained the peak level of $906 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($572 per ton), while the average price for exports to South Sudan ($317 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 South Sudan (+11.4%), while the prices for the other major destinations experienced a decline.
Price for Ready-Mixed Concrete and Factory Made Mortar in Kenya (CIF) - 2022
In 2022, the average import price for ready-mixed concrete and factory made mortars amounted to $582 per ton, waning by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2015 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the peak figure at $622 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($633 per ton) and the United Arab Emirates ($609 per ton), while the price for India ($513 per ton) and Italy ($544 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ready-Mixed Concrete and Factory Made Mortar in Kenya
In 2022, exports of ready-mixed concrete and factory made mortars from Kenya skyrocketed to 766 tons, rising by 22% compared with the previous year's figure. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 338% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of ready-mixed concrete and factory made mortars expanded remarkably to $351K in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 371% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Ready-Mixed Concrete and Factory Made Mortar in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 28.2 | 90.3 | 199 | 168 | 81.3% |
Rwanda | 7.2 | 95.3 | 83.8 | 161 | 181.7% |
Tanzania | 0.1 | 0.2 | 0.1 | 9.0 | 348.1% |
South Sudan | N/A | N/A | N/A | 7.8 | 0% |
Ethiopia | N/A | N/A | 22.8 | N/A | 0% |
Others | 5.7 | 8.6 | N/A | 4.7 | -6.2% |
Total | 41.3 | 194 | 306 | 351 | 104.1% |
Top Export Markets for Ready-Mixed Concrete and Factory Made Mortar from Kenya in 2022:
- Rwanda (418.2 tons)
- Uganda (294.8 tons)
- South Sudan (24.5 tons)
- Tanzania (19.5 tons)
Imports of Ready-Mixed Concrete and Factory Made Mortar in Kenya
In 2022, overseas purchases of ready-mixed concrete and factory made mortars decreased by -40% to 287 tons, falling for the second consecutive year after two years of growth. In general, imports saw a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of 308% against the previous year. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of ready-mixed concrete and factory made mortars shrank notably to $167K in 2022. Over the period under review, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 415%. As a result, imports attained the peak of $712K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Ready-Mixed Concrete and Factory Made Mortar in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 42.6 | 130 | 58.9 | 81.7 | 24.2% |
India | 3.0 | 1.7 | 10.1 | 27.1 | 108.3% |
Italy | 9.3 | 33.9 | 35.5 | 20.6 | 30.4% |
Spain | 13.6 | 26.6 | 4.9 | 19.4 | 12.6% |
Tanzania | 20.3 | 222 | 35.7 | 13.2 | -13.4% |
China | 3.0 | 31.7 | 32.6 | 2.3 | -8.5% |
Germany | 8.7 | 93.2 | 16.2 | N/A | 36.5% |
Egypt | 5.3 | 4.2 | 6.2 | N/A | 8.2% |
Others | 32.6 | 168 | 93.8 | 2.9 | -55.4% |
Total | 138 | 712 | 294 | 167 | 6.6% |
Top Suppliers of Ready-Mixed Concrete and Factory Made Mortar to Kenya in 2022:
- United Arab Emirates (134.1 tons)
- India (52.8 tons)
- Italy (37.9 tons)
- Spain (33.8 tons)
- Tanzania (23.5 tons)
- China (3.6 tons)
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar 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 23631000 - Ready-mixed concrete
- Prodcom 23641000 - Factory made mortars
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
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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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