Kenya: Market for Base Metal Fittings For Loose-Leaf Binders Or Files 2025

Market Size for Base Metal Fittings For Loose-Leaf Binders Or Files in Kenya

The Kenyan loose-leaf binder metal fitting market contracted significantly to $X in 2022, which is down by -21.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a resilient increase. Loose-leaf binder metal fitting consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Exports of Base Metal Fittings For Loose-Leaf Binders Or Files

Exports from Kenya

In 2022, approx. X tons of base metal fittings for loose-leaf binders or files were exported from Kenya; with a decrease of -45.6% against 2021. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 726% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting exports declined notably to $X in 2022. Overall, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 1,920%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Uganda (X tons) was the main destination for loose-leaf binder metal fitting exports from Kenya, with a 94% share of total exports. It was followed by Burundi (X kg), with a 2.4% share of total exports. South Sudan (X kg) ranked third in terms of total exports with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uganda totaled +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+10.9% per year) and South Sudan (+34.9% per year).

In value terms, Uganda ($X) remains the key foreign market for base metal fittings for loose-leaf binders or files exports from Kenya, comprising 79% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 12% share of total exports. It was followed by South Sudan, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uganda stood at +31.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+1.7% per year) and South Sudan (+1.1% per year).

Export Prices by Country

In 2022, the average loose-leaf binder metal fitting export price amounted to $X per ton, waning by -3.6% against the previous year. In general, the export price, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 145% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Burundi ($X 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 Tanzania (+38.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Base Metal Fittings For Loose-Leaf Binders Or Files

Imports into Kenya

In 2022, the amount of base metal fittings for loose-leaf binders or files imported into Kenya contracted sharply to X tons, which is down by -20.4% compared with the previous year's figure. In general, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 357% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting imports declined dramatically to $X in 2022. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2015 when imports increased by 320% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and Slovenia (X tons) were the main suppliers of loose-leaf binder metal fitting imports to Kenya, with a combined 83% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +27.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest loose-leaf binder metal fitting suppliers to Kenya were China ($X), India ($X) and Slovenia ($X), together accounting for 81% of total imports.

Among the main suppliers, India, with a CAGR of +29.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average loose-leaf binder metal fitting import price stood at $X per ton in 2022, with a decrease of -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. The import price peaked at $X per ton in 2021, and then shrank modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per ton) and Italy ($X per ton), while the price for China ($X per ton) and Slovenia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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