Product Code: ETC343850 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Kenya Rare Earth Metals Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at -2.61% in 2025, it steadily loses momentum, ending at -3.36% by 2029.
The Rare Earth Metals market in Kenya is projected to grow at a negative growth rate of -3.02% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Algeria, Nigeria and Morocco, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Kenya rare earth metals market is emerging, with significant potential due to the country`s extensive mineral reserves. These metals, crucial for advanced technologies like electronics and renewable energy, are gaining attention from global investors and tech firms. The market`s growth is driven by exploration activities and the government`s efforts to attract foreign investments in mining and processing.
The Kenya rare earth metals market is driven by the global demand for these metals in high-tech and green technologies such as electric vehicles, wind turbines, and smartphones. Kenya potential in rare earth metal extraction is attracting attention due to geopolitical supply chain concerns.
The rare earth metals market in Kenya is challenged by limited extraction and refining capabilities. This dependency on imports restricts the growth potential of local industries that require these metals, impacting sectors such as electronics, renewable energy, and automotive, where rare earth metals are crucial components.
The Kenya government has formulated policies to capitalize on the country`s significant rare earth metals resources. Recognizing the global demand for these critical elements in high-tech industries, the government has implemented regulations aimed at sustainable extraction and processing. Policies include environmental safeguards to ensure responsible mining practices, alongside initiatives to attract foreign investment and technology transfer in the rare earths sector. Moreover, the government has established a framework for value addition within the country, promoting local refining and manufacturing capabilities. This approach is part of Kenya broader strategy to diversify its mineral export base and achieve economic transformation through sustainable resource management.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Kenya Rare Earth Metals Market Overview |
3.1 Kenya Country Macro Economic Indicators |
3.2 Kenya Rare Earth Metals Market Revenues & Volume, 2021 & 2028F |
3.3 Kenya Rare Earth Metals Market - Industry Life Cycle |
3.4 Kenya Rare Earth Metals Market - Porter's Five Forces |
3.5 Kenya Rare Earth Metals Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 Kenya Rare Earth Metals Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Kenya Rare Earth Metals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rare earth metals in high-tech industries such as electronics, renewable energy, and automotive sectors. |
4.2.2 Government initiatives to promote mining and export of rare earth metals in Kenya. |
4.2.3 Growing investments in exploration and mining activities to tap into Kenya's rare earth metal reserves. |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations surrounding mining activities of rare earth metals. |
4.3.2 Volatility in global rare earth metal prices impacting the profitability of mining operations in Kenya. |
5 Kenya Rare Earth Metals Market Trends |
6 Kenya Rare Earth Metals Market, By Types |
6.1 Kenya Rare Earth Metals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Kenya Rare Earth Metals Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 Kenya Rare Earth Metals Market Revenues & Volume, By Cerium Oxide, 2018 - 2028F |
6.1.4 Kenya Rare Earth Metals Market Revenues & Volume, By Lanthanum Oxide, 2018 - 2028F |
6.1.5 Kenya Rare Earth Metals Market Revenues & Volume, By Neodymium Oxide, 2018 - 2028F |
6.1.6 Kenya Rare Earth Metals Market Revenues & Volume, By Yttrium Oxide, 2018 - 2028F |
6.1.7 Kenya Rare Earth Metals Market Revenues & Volume, By Praseodymium Oxide, 2018 - 2028F |
6.1.8 Kenya Rare Earth Metals Market Revenues & Volume, By Samarium Oxide, 2018 - 2028F |
6.1.9 Kenya Rare Earth Metals Market Revenues & Volume, By Dysprosium Oxide, 2018 - 2028F |
6.1.10 Kenya Rare Earth Metals Market Revenues & Volume, By Dysprosium Oxide, 2018 - 2028F |
6.2 Kenya Rare Earth Metals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Kenya Rare Earth Metals Market Revenues & Volume, By Permanent Magnets, 2018 - 2028F |
6.2.3 Kenya Rare Earth Metals Market Revenues & Volume, By Metal Alloys, 2018 - 2028F |
6.2.4 Kenya Rare Earth Metals Market Revenues & Volume, By Glass Polishing, 2018 - 2028F |
6.2.5 Kenya Rare Earth Metals Market Revenues & Volume, By Glass Additives, 2018 - 2028F |
6.2.6 Kenya Rare Earth Metals Market Revenues & Volume, By Catalysts, 2018 - 2028F |
6.2.7 Kenya Rare Earth Metals Market Revenues & Volume, By Phosphors, 2018 - 2028F |
6.2.8 Kenya Rare Earth Metals Market Revenues & Volume, By Others, 2018 - 2028F |
6.2.9 Kenya Rare Earth Metals Market Revenues & Volume, By Others, 2018 - 2028F |
7 Kenya Rare Earth Metals Market Import-Export Trade Statistics |
7.1 Kenya Rare Earth Metals Market Export to Major Countries |
7.2 Kenya Rare Earth Metals Market Imports from Major Countries |
8 Kenya Rare Earth Metals Market Key Performance Indicators |
8.1 Exploration and mining investment trends in the rare earth metals sector in Kenya. |
8.2 Adoption rate of new technologies and processes to extract and process rare earth metals in an environmentally sustainable manner. |
8.3 Number of government policies and incentives supporting the growth of the rare earth metals market in Kenya. |
9 Kenya Rare Earth Metals Market - Opportunity Assessment |
9.1 Kenya Rare Earth Metals Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 Kenya Rare Earth Metals Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Kenya Rare Earth Metals Market - Competitive Landscape |
10.1 Kenya Rare Earth Metals Market Revenue Share, By Companies, 2021 |
10.2 Kenya Rare Earth Metals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |