Report Update Feb 1, 2025

Kenya - Hollow Drill Bars and Rods - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kenya: Hollow Drill Bar Market 2025

Hollow Drill Bar Market Size in Kenya

The Kenyan hollow drill bar market surged to $X in 2021, rising by 14,522% against the previous year. Overall, consumption posted a slight expansion. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Hollow Drill Bar Production in Kenya

In value terms, hollow drill bar production reduced to $X in 2021 estimated in export price. Over the period under review, production recorded a pronounced reduction. The pace of growth appeared the most rapid in 2014 with an increase of 9% against the previous year. Hollow drill bar production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Hollow Drill Bar Exports

Exports from Kenya

In 2021, after two years of decline, there was significant growth in overseas shipments of hollow drill bars and rods, when their volume increased by 174% to X tons. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 423% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, hollow drill bar exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 444% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons), Democratic Republic of the Congo (X tons) and Rwanda (X tons) were the main destinations of hollow drill bar exports from Kenya, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +36.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X) remains the key foreign market for hollow drill bars and rods exports from Kenya, comprising 70% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 21% share of total exports. It was followed by Democratic Republic of the Congo, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania totaled +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+6.3% per year) and Democratic Republic of the Congo (-3.1% per year).

Export Prices by Country

In 2021, the average hollow drill bar export price amounted to $X per ton, growing by 6% against the previous year. Overall, the export price, however, saw a abrupt descent. The growth pace was the most rapid in 2014 an increase of 9.1%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Uganda ($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 Tanzania (+10.7%), while the prices for the other major destinations experienced a decline.

Hollow Drill Bar Imports

Imports into Kenya

In 2021, approx. X tons of hollow drill bars and rods were imported into Kenya; rising by 1,350% against the year before. Overall, imports recorded a slight expansion. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, hollow drill bar imports soared to $X in 2021. In general, imports, however, saw a mild reduction. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

South Africa (X tons), China (X tons) and Australia (X tons) were the main suppliers of hollow drill bar imports to Kenya, together accounting for 78% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +21.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), China ($X) and Australia ($X) appeared to be the largest hollow drill bar suppliers to Kenya, with a combined 82% share of total imports.

China, with a CAGR of +34.6%, recorded 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 mixed trend patterns.

Import Prices by Country

In 2021, the average hollow drill bar import price amounted to $X per ton, with an increase of 6.3% against the previous year. Overall, the import price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 an increase of 89%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+38.9%), 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 hollow drill bars and rods in the world?

China constituted the country with the largest volume of hollow drill bar consumption, accounting for 30% of total volume. Moreover, hollow drill bar consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The third position in this ranking was occupied by Japan, with a 6.4% share.

What are the largest producers of hollow drill bars and rods in the world?

China remains the largest hollow drill bar producing country worldwide, comprising approx. 50% of total volume. Moreover, hollow drill bar production in China exceeded the figures recorded by the second-largest producer, Sweden, threefold. Japan ranked third in terms of total production with a 14% share.

What are the leading suppliers of hollow drill bars and rods to Kenya?

In value terms, South Africa, Australia and Sweden were the largest hollow drill bar suppliers to Kenya, with a combined 85% share of total imports.

What are the leading importers of hollow drill bars and rods from Kenya?

In value terms, Tanzania emerged as the key foreign market for hollow drill bar exports from Kenya, comprising 70% of total exports. The second position in the ranking was occupied by Rwanda, with a 22% share of total exports.

What is the average export price for hollow drill bars and rods in Kenya?

The average hollow drill bar export price stood at $2,094 per ton in 2021, rising by 166% against the previous year.

What is the average import price for hollow drill bars and rods in Kenya?

The average hollow drill bar import price stood at $4,606 per ton in 2021, rising by 9.3% against the previous year.

This report provides an in-depth analysis of the hollow drill bar 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 24106700 - Hollow drill bars and rods

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024