Kenya: Concrete Reinforcing Bar Market 2025

Concrete Reinforcing Bar Market Size in Kenya

The Kenyan concrete reinforcing bar market dropped to $X in 2022, remaining stable against the previous year. Over the period under review, consumption showed resilient growth. Concrete reinforcing bar consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Concrete Reinforcing Bar Production in Kenya

In value terms, concrete reinforcing bar production dropped to $X in 2022 estimated in export price. Overall, production recorded a notable increase. The pace of growth was the most pronounced in 2018 with an increase of 188%. Over the period under review, production attained the peak level at $X in 2019; afterwards, it flattened through to 2022.

Concrete Reinforcing Bar Exports

Exports from Kenya

Concrete reinforcing bar exports from Kenya surged to X tons in 2022, increasing by 26% compared with the previous year. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 114%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, concrete reinforcing bar exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed strong growth. The pace of growth was the most pronounced in 2019 with an increase of 126% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Rwanda (X tons), Uganda (X tons) and Burundi (X tons) were the main destinations of concrete reinforcing bar exports from Kenya, with a combined 78% share of total exports. Tanzania and South Sudan lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tanzania (with a CAGR of +42.5%), while the other leaders experienced more modest paces of growth.

In value terms, Rwanda ($X), Uganda ($X) and Burundi ($X) appeared to be the largest markets for concrete reinforcing bar exported from Kenya worldwide, together comprising 78% of total exports. Tanzania and South Sudan lagged somewhat behind, together comprising a further 19%.

Tanzania, with a CAGR of +42.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average concrete reinforcing bar export price stood at $X per ton in 2022, rising by 8.2% against the previous year. In general, the export price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Tanzania ($X per ton) and Rwanda ($X per ton), while the average price for exports to Uganda ($X per ton) and South Sudan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Reinforcing Bar Imports

Imports into Kenya

In 2022, purchases abroad of concrete reinforcing bars decreased by -32.9% to X tons, falling for the ninth consecutive year after two years of growth. In general, imports showed a precipitous decline. The pace of growth appeared the most rapid in 2013 with an increase of 124%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, concrete reinforcing bar imports dropped to $X in 2022. Overall, imports saw a precipitous contraction. The growth pace was the most rapid in 2013 with an increase of 133% 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

In 2022, Japan (X tons) constituted the largest concrete reinforcing bar supplier to Kenya, with a 78% share of total imports. Moreover, concrete reinforcing bar imports from Japan exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. The third position in this ranking was held by South Africa (X tons), with a 2% share.

From 2012 to 2022, the average annual growth rate of volume from Japan totaled -14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-41.1% per year) and South Africa (-39.6% per year).

In value terms, Japan ($X) constituted the largest supplier of concrete reinforcing bars to Kenya, comprising 75% of total imports. The second position in the ranking was taken by Turkey ($X), with a 9.2% share of total imports. It was followed by China, with a 1.1% share.

From 2012 to 2022, the average annual growth rate of value from Japan stood at -11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-39.3% per year) and China (-32.2% per year).

Import Prices by Country

In 2022, the average concrete reinforcing bar import price amounted to $X per ton, growing by 39% against the previous year. Over the period under review, the import price showed a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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