Kenya: Metal Screw Hook Market 2025

Metal Screw Hook Market Size in Kenya

In 2022, the Kenyan metal screw hook market increased by 13% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a noticeable downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Metal Screw Hook Exports

Exports from Kenya

In 2022, shipments abroad of iron or steel screw hooks and screw rings increased by 470% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 553%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, metal screw hook exports soared to $X in 2022. In general, exports, however, recorded a abrupt setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for metal screw hook exports from Kenya, with a 87% share of total exports. Moreover, metal screw hook exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Seychelles (X kg), ninefold. The third position in this ranking was taken by Uganda (X kg), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Seychelles (+25.9% per year) and Uganda (-33.3% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for iron or steel screw hooks and screw rings exports from Kenya, comprising 49% of total exports. The second position in the ranking was taken by Uganda ($X), with a 13% share of total exports. It was followed by Seychelles, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo amounted to -3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-27.1% per year) and Seychelles (+13.9% per year).

Export Prices by Country

The average metal screw hook export price stood at $X per ton in 2022, shrinking by -11% against the previous year. Overall, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 107%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Screw Hook Imports

Imports into Kenya

After three years of decline, supplies from abroad of iron or steel screw hooks and screw rings increased by 35% to X tons in 2022. Over the period under review, imports, however, continue to indicate a slight contraction. The growth pace was the most rapid in 2017 with an increase of 179% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, metal screw hook imports amounted to $X in 2022. In general, imports, however, continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2018 when imports increased by 124%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main metal screw hook supplier to Kenya, accounting for a 92% share of total imports. Moreover, metal screw hook imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.7% per year) and India (-20.0% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel screw hooks and screw rings to Kenya, comprising 87% of total imports. The second position in the ranking was held by Turkey ($X), with a 3.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-0.6% per year) and India (-20.8% per year).

Import Prices by Country

In 2022, the average metal screw hook import price amounted to $X per ton, waning by -24.6% against the previous year. Overall, the import price saw a slight descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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