Report Update Nov 1, 2024

Kenya - Clasp Knives - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Clasp Knife Market 2024

Clasp Knife Exports

Exports from Kenya

Clasp knife exports from Kenya dropped rapidly to X units in 2022, reducing by -43.3% on the year before. Over the period under review, exports saw a pronounced decline. The pace of growth was the most pronounced in 2014 when exports increased by 2,800% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, clasp knife exports reduced notably to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 3,069%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Ethiopia (X units) was the main destination for clasp knife exports from Kenya, with a 65% share of total exports. Moreover, clasp knife exports to Ethiopia exceeded the volume sent to the second major destination, Tanzania (X units), fourfold. Uganda (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Ethiopia totaled +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+4.6% per year) and Uganda (-16.4% per year).

In value terms, Ethiopia ($X) remains the key foreign market for clasp knives exports from Kenya, comprising 92% of total exports. The second position in the ranking was taken by Uganda ($X), with a 4.4% share of total exports. It was followed by Somalia, with a 1.1% share.

From 2012 to 2022, the average annual growth rate of value to Ethiopia amounted to +37.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-24.7% per year) and Somalia (-4.0% per year).

Export Prices by Country

The average clasp knife export price stood at $X per unit in 2022, approximately equating the previous year. In general, the export price posted a tangible expansion. The growth pace was the most rapid in 2018 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+19.1%), while the prices for the other major destinations experienced mixed trend patterns.

Clasp Knife Imports

Imports into Kenya

Clasp knife imports into Kenya reduced remarkably to X units in 2022, declining by -51.9% compared with the previous year. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 356% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, clasp knife imports rose significantly to $X in 2022. Over the period under review, imports, however, posted pronounced growth. The growth pace was the most rapid in 2013 with an increase of 259% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), South Africa (X units) and India (X units) were the main suppliers of clasp knife imports to Kenya, together comprising 56% of total imports. These countries were followed by Belgium, Sweden, Italy, the United Arab Emirates, the Netherlands, Australia, Japan, the UK and Turkey, which together accounted for a further 36%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +55.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest clasp knife suppliers to Kenya were South Africa ($X), Belgium ($X) and India ($X), together comprising 62% of total imports. China, Italy, the UK, Japan, the United Arab Emirates, Australia, Sweden, the Netherlands and Turkey lagged somewhat behind, together comprising a further 27%.

Sweden, with a CAGR of +46.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average clasp knife import price stood at $X per unit in 2022, jumping by 128% against the previous year. Overall, the import price showed a noticeable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for clasp knives in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 94% of global consumption.

What are the largest producers of clasp knives in the world?

China constituted the country with the largest volume of clasp knife production, accounting for 94% of total volume.

What are the leading suppliers of clasp knives to Kenya?

In value terms, China constituted the largest supplier of clasp knife to Kenya, comprising 57% of total imports. The second position in the ranking was occupied by Switzerland, with a 17% share of total imports. It was followed by South Africa, with a 16% share.

What are the leading importers of clasp knives from Kenya?

In value terms, Uganda $313) remains the key foreign market for clasp knife exports from Kenya.

What is the average export price for clasp knives in Kenya?

In 2021, the average clasp knife export price amounted to $30,192 per ton, which is down by -4.6% against the previous year.

What is the average import price for clasp knives in Kenya?

The average clasp knife import price stood at $44,964 per ton in 2021, increasing by 68% against the previous year.

This report provides an in-depth analysis of the clasp knife market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25711160 - Clasp knives

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023