Kenya - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilver Price in Kenya - 2021
Contents:
- Silver Price in Kenya (FOB) - 2022
- Silver Price in Kenya (CIF) - 2022
- Silver Exports in Kenya
- Silver Imports in Kenya
Silver Price in Kenya (FOB) - 2022
The average silver export price stood at $289,531 per ton in 2022, which is down by -45.5% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 99%. The export price peaked at $795,080 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($451,504 per ton), while the average price for exports to the United Arab Emirates ($57,607 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 Africa (-3.2%), while the prices for the other major destinations experienced a decline.
Silver Price in Kenya (CIF) - 2022
The average silver import price stood at $248,817 per ton in 2022, growing by 13% against the previous year. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 212%. The import price peaked at $467,227 per ton in 2019; however, from 2020 to 2022, 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 United Arab Emirates ($430,326 per ton), while the price for India ($27,878 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+37.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Silver Exports in Kenya
In 2022, exports of silver including silver plated with gold or platinum from Kenya soared to 477 kg, rising by 42% on the previous year. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 321% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, silver exports fell sharply to $138K in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 458%.
| Export of Silver in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.9 | 90.0 | 4.0 | 107 | 391.7% |
| Switzerland | 12.0 | 5.4 | 11.0 | 18.7 | 15.9% |
| United Arab Emirates | 4.6 | 2.6 | 6.8 | 10.0 | 29.5% |
| South Sudan | N/A | N/A | 157 | N/A | 0% |
| Others | N/A | N/A | N/A | 2.9 | 0% |
| Total | 17.6 | 98.0 | 178 | 138 | 98.7% |
Top Export Markets for Silver from Kenya in 2022:
- South Africa (236.0 kg)
- United Arab Emirates (174.0 kg)
- Switzerland (51.0 kg)
Silver Imports in Kenya
In 2022, purchases abroad of silver including silver plated with gold or platinum was finally on the rise to reach 182 kg after two years of decline. Overall, imports, however, showed a significant contraction.
In value terms, silver imports skyrocketed to $45K in 2022. In general, imports, however, saw a precipitous decline.
| Import of Silver in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.3 | 3.6 | 5.5 | 22.8 | 159.8% |
| United Arab Emirates | 180 | 58.3 | 1.4 | 18.8 | -52.9% |
| South Africa | 0.5 | 0.8 | 0.7 | 1.1 | 30.1% |
| India | 0.2 | 2.0 | 1.3 | 0.6 | 44.2% |
| Germany | 0.6 | 0.5 | 0.3 | 0.3 | -20.6% |
| Turkey | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| China | N/A | 0.8 | N/A | N/A | 0% |
| Others | 6.5 | 10.1 | 5.1 | 1.6 | -37.3% |
| Total | 189 | 76.1 | 14.6 | 45.3 | -37.9% |
Top Suppliers of Silver to Kenya in 2022:
- United Kingdom (106.0 kg)
- United Arab Emirates (44.0 kg)
- India (22.0 kg)
- South Africa (4.0 kg)
- Germany (3.0 kg)
- Turkey (1.0 kg)
This report provides an in-depth analysis of the silver 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 24411030 - Silver, unwrought or in powder form (including plated with gold or platinum)
- Prodcom 24411050 - Silver, in semi-manufactured forms (including plated with gold or platinum) (excluding unwrought or in powder form)
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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This report provides an in-depth analysis of the silver market in Kenya.
195
This report provides an in-depth analysis of the semi-manufactured silver market in Kenya.
341
This report provides an in-depth analysis of the unwrought silver market in Kenya.
1327
This report provides an in-depth analysis of the global silver market.
515
This report provides an in-depth analysis of the global semi-manufactured silver market.
1363
This report provides an in-depth analysis of the global unwrought silver market.
304
This report provides an in-depth analysis of the silver market in Kenya.
195
This report provides an in-depth analysis of the semi-manufactured silver market in Kenya.
341
This report provides an in-depth analysis of the unwrought silver market in Kenya.
1327
This report provides an in-depth analysis of the global silver market.
351
Explore the top import markets for silver and the key statistics behind their import values. Learn about the leading countries in the global trade of silver and the factors driving their demand. Gain insights from the IndexBox market intelligence platform.
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In 2016, approx. X tons of silver were imported worldwide- coming down by -X% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of gr...
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In 2016, approx. X tons of silver were imported worldwide- coming down by -X% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of gr...
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Explore the top import markets for semi-manufactured silver, including India, the United States, Canada, and the United Kingdom. Learn about their import values and the factors driving their demand for silver. Discover the potential of these markets for exporters and businesses.
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The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
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Explore the top import markets for silver and the key statistics behind their import values. Learn about the leading countries in the global trade of silver and the factors driving their demand. Gain insights from the IndexBox market intelligence platform.
5466
In 2016, approx. X tons of silver were imported worldwide- coming down by -X% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of gr...
1017
In 2016, approx. X tons of silver were imported worldwide- coming down by -X% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of gr...
174
Explore the top import markets for semi-manufactured silver, including India, the United States, Canada, and the United Kingdom. Learn about their import values and the factors driving their demand for silver. Discover the potential of these markets for exporters and businesses.
