Kenya"s petroleum coke market is experiencing notable shifts, influenced by both global economic dynamics and local market conditions. Petroleum coke, a vital byproduct of the oil refining process, has become increasingly significant in Kenya"s energy landscape. The latest trade volume and price data indicate key trends that businesses should be aware of when engaging with this market. According to recent data, Kenya"s import volume of petroleum coke has seen a steady increase, aligning with the country"s growing energy demands and industrial activities. In 2023, the import volume reached approximately 120,000 metric tons, marking a 10% rise from the previous year. This upward trajectory reflects a robust demand, driven by Kenya"s industrial sector expansion and infrastructural developments. Price trends for petroleum coke in Kenya have shown volatility, influenced by global oil markets and regional supply chain factors. The average price per metric ton in 2023 was recorded at $90, showing a 5% increase compared to the previous year.

This price hike can be attributed to global supply chain disruptions and increased transportation costs, affecting the overall cost structure for importers. Kenya"s strategic location and infrastructural advancements play a crucial role in facilitating petroleum coke trade. The development of the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) corridor is expected to further bolster trade efficiency, potentially stabilizing prices in the long term despite current fluctuations. For businesses looking to engage with Kenya"s petroleum coke market, having access to accurate contact information of local suppliers is crucial. Aritral. com, a leading AI-driven B2B platform, offers comprehensive solutions for international trade in commodities like petroleum coke. Its features include product listing, direct communication with suppliers, global sales assistance, AI-powered marketing, and efficient profile management, making it an ideal partner for navigating Kenya"s dynamic petroleum market.