Kenya - Tankers - Market Analysis, Forecast, Size, Trends and Insights
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Tanker Market Size in Kenya
The Kenyan tanker market was estimated at less than $X in 2022, remaining constant against the previous year. In general, consumption saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 when the market value decreased by X%. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.
Tanker Production in Kenya
In value terms, tanker production amounted to less than $X in 2022 estimated in export price. In general, production faced a dramatic slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.
Tanker Exports
Exports from Kenya
Tanker exports from Kenya amounted to X units in 2017, flattening at 2016. Overall, exports faced a dramatic curtailment. The smallest decline of X% was in 2016. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2017, the exports remained at a lower figure.
In value terms, tanker exports fell notably to $X in 2017. Over the period under review, exports showed a dramatic slump. The smallest decline of X% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports remained at a lower figure.
Exports by Country
Democratic Republic of the Congo (X units) was the main destination for tanker exports from Kenya, accounting for a approx. X% share of total exports.
From 2015 to 2017, the average annual growth rate of volume to Democratic Republic of the Congo was relatively modest.
In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for tankers exports from Kenya.
From 2015 to 2017, the average annual growth rate of value to Democratic Republic of the Congo was relatively modest.
Export Prices by Country
In 2017, the average tanker export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2015 to 2017, the rate of growth in terms of prices for Rwanda amounted to X% per year.
Tanker Imports
Imports into Kenya
In 2016, purchases abroad of tankers decreased by X% to X units for the first time since 2013, thus ending a two-year declining trend. In general, imports, however, enjoyed a significant increase. Imports peaked at X units in 2015, and then reduced markedly in the following year.
In value terms, tanker imports soared to $X in 2016. Overall, imports saw a precipitous setback. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2016, imports stood at a somewhat lower figure.
Imports by Country
Uganda (X units), Tanzania (X units) and South Africa (X units) were the main suppliers of tanker imports to Kenya, with a combined X% share of total imports.
From 2013 to 2016, the biggest increases were recorded for Uganda (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Tanzania ($X) constituted the largest supplier of tankers to Kenya, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.
From 2013 to 2016, the average annual growth rate of value from Tanzania was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and South Africa (X% per year).
Import Prices by Country
The average tanker import price stood at $X per unit in 2016, growing by X% against the previous year. Over the period under review, the import price, however, saw a precipitous descent. The import price peaked at $X,509 per unit in 2013; however, from 2014 to 2016, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($X per unit), while the price for Uganda ($X per unit) was amongst the lowest.
From 2013 to 2016, the most notable rate of growth in terms of prices was attained by South Africa (X%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tanker 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 30112210 - Crude oil tankers
- Prodcom 30112230 - Oil product tankers
- Prodcom 30112250 - Chemical tankers
- Prodcom 30112270 - Gas carriers
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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