Kenya: Market for Base Metal Flexible Tubing, Iron Or Steel 2025

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Kenya

In 2021, the Kenyan base metal flexible tubing market decreased by -17.8% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a drastic downturn. Base metal flexible tubing consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports from Kenya

In 2021, shipments abroad of base metal flexible tubing, iron or steel increased by 57% to X kg, rising for the second year in a row after three years of decline. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 164%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, base metal flexible tubing exports fell to $X in 2021. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 172% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Tanzania (X kg) was the main destination for base metal flexible tubing exports from Kenya, with a 73% share of total exports. Moreover, base metal flexible tubing exports to Tanzania exceeded the volume sent to the second major destination, Burundi (X kg), sixfold. Rwanda (X kg) ranked third in terms of total exports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume to Tanzania totaled +28.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+32.6% per year) and Rwanda (+16.7% per year).

In value terms, Tanzania ($X) remains the key foreign market for base metal flexible tubing, iron or steel exports from Kenya, comprising 88% of total exports. The second position in the ranking was held by Rwanda ($X), with a 4.9% share of total exports. It was followed by South Africa, with a 2.7% share.

From 2012 to 2021, the average annual growth rate of value to Tanzania amounted to +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+25.1% per year) and South Africa (+95.4% per year).

Export Prices by Country

In 2021, the average base metal flexible tubing export price amounted to $X per ton, with a decrease of -40.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 61%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports into Kenya

In 2021, supplies from abroad of base metal flexible tubing, iron or steel decreased by -20.1% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 286%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, base metal flexible tubing imports reduced to $X in 2021. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when imports increased by 128%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and the United Arab Emirates (X tons) were the main suppliers of base metal flexible tubing imports to Kenya, together comprising 85% of total imports. These countries were followed by Malaysia, Turkey, Israel, Japan, the UK and Sweden, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +18.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest base metal flexible tubing suppliers to Kenya were India ($X), China ($X) and the United Arab Emirates ($X), together accounting for 56% of total imports. Malaysia, Japan, Israel, Turkey, the UK and Sweden lagged somewhat behind, together accounting for a further 21%.

Among the main suppliers, Malaysia, with a CAGR of +11.7%, recorded the highest rates of growth with regard to 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 base metal flexible tubing import price stood at $X per ton in 2021, surging by 7.3% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 51%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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