Kenya: Interchangeable Tool Market 2025

Interchangeable Tool Market Size in Kenya

The Kenyan interchangeable tool market soared to $X in 2021, increasing by 28% 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, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.2% against 2019 indices. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Interchangeable Tool Exports

Exports from Kenya

In 2021, shipments abroad of interchangeable tools for hand tools increased by 114% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2018 with an increase of 164%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, interchangeable tool exports surged to $X in 2021. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 665% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Sudan (X tons), Uganda (X tons) and Tunisia (X tons) were the main destinations of interchangeable tool exports from Kenya, together accounting for 99% of total exports. India, Ethiopia, Democratic Republic of the Congo, Rwanda, Tanzania and the UK lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +119.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Sudan ($X), Ethiopia ($X) and Uganda ($X) were the largest markets for interchangeable tool exported from Kenya worldwide, together accounting for 50% of total exports. These countries were followed by Tunisia, India, Democratic Republic of the Congo, Rwanda, Tanzania and the UK, which together accounted for a further 24%.

Among the main countries of destination, India, with a CAGR of +108.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average interchangeable tool export price stood at $X per ton in 2021, dropping by -38.2% against the previous year. In general, the export price, however, saw a strong expansion. The growth pace was the most rapid in 2014 when the average export price increased by 197%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Tanzania ($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 Rwanda (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Interchangeable Tool Imports

Imports into Kenya

In 2021, approx. X tons of interchangeable tools for hand tools were imported into Kenya; increasing by 30% compared with the year before. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +59.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 58% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, interchangeable tool imports skyrocketed to $X in 2021. In general, imports, however, showed a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Turkey (X tons) were the main suppliers of interchangeable tool imports to Kenya, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +65.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United States ($X) and China ($X) were the largest interchangeable tool suppliers to Kenya, with a combined 75% share of total imports. These countries were followed by Turkey, Italy and the Netherlands, which together accounted for a further 11%.

Among the main suppliers, Turkey, with a CAGR of +52.7%, saw 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

In 2021, the average interchangeable tool import price amounted to $X per ton, increasing by 24% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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