Kenya: Barbed Wire Market 2024

Barbed Wire Market Size in Kenya

The Kenyan barbed wire market fell slightly to $X in 2021, waning by -4.6% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.2% against 2019 indices. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Barbed Wire Production in Kenya

In value terms, barbed wire production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 171%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Barbed Wire Exports

Exports from Kenya

In 2021, shipments abroad of barbed wire and entanglements increased by 6.6% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, saw a significant curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 442%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, barbed wire exports skyrocketed to $X in 2021. In general, exports, however, faced a sharp shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 418%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons) was the main destination for barbed wire exports from Kenya, with a 82% share of total exports. Moreover, barbed wire exports to Uganda exceeded the volume sent to the second major destination, South Sudan (X tons), more than tenfold. Somalia (X kg) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume to Uganda stood at -21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (-23.8% per year) and Somalia (-24.0% per year).

In value terms, Uganda ($X) remains the key foreign market for barbed wire and entanglements exports from Kenya, comprising 76% of total exports. The second position in the ranking was held by Somalia ($X), with a 12% share of total exports. It was followed by South Sudan, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uganda totaled -19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-25.1% per year) and South Sudan (-28.3% per year).

Export Prices by Country

In 2021, the average barbed wire export price amounted to $X per ton, rising by 8.4% against the previous year. Overall, the export price, however, recorded a mild descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 34%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Barbed Wire Imports

Imports into Kenya

In 2021, barbed wire imports into Kenya totaled X tons, with an increase of 15% against the previous year. Overall, imports saw a noticeable expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 54%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, barbed wire imports skyrocketed to $X in 2021. Over the period under review, imports showed a noticeable increase. The growth pace was the most rapid in 2016 with an increase of 63% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of barbed wire to Kenya, with a 80% share of total imports. Moreover, barbed wire imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was taken by the Czech Republic (X tons), with a 5.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+37.9% per year) and the Czech Republic (+10.9% per year).

In value terms, China ($X) constituted the largest supplier of barbed wire and entanglements to Kenya, comprising 62% of total imports. The second position in the ranking was held by India ($X), with a 13% share of total imports. It was followed by Egypt, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+43.2% per year) and Egypt (-8.7% per year).

Import Prices by Country

The average barbed wire import price stood at $X per ton in 2021, rising by 7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. The import price peaked at $X per ton in 2016; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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