Report Update Jan 1, 2025

Kenya - Iron or Steel Washers - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Metal Washer Market 2025

Metal Washer Market Size in Kenya

The Kenyan metal washer market fell markedly to $X in 2021, with a decrease of -66.1% 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). In general, consumption, however, posted a remarkable increase. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

Metal Washer Exports

Exports from Kenya

In 2021, exports of iron or steel washers from Kenya skyrocketed to X tons, picking up by 31% on 2020. Overall, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of 319%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, metal washer exports soared to $X in 2021. In general, exports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2014 with an increase of 327% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Tanzania (X tons) was the main destination for metal washer exports from Kenya, with a 72% share of total exports. Moreover, metal washer exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X kg), tenfold. The third position in this ranking was held by Democratic Republic of the Congo (X kg), with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania totaled -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-23.9% per year) and Democratic Republic of the Congo (+32.1% per year).

In value terms, the largest markets for metal washer exported from Kenya were Tunisia ($X), Uganda ($X) and Tanzania ($X), together comprising 59% of total exports. South Africa, Democratic Republic of the Congo and Canada lagged somewhat behind, together comprising a further 4.6%.

Democratic Republic of the Congo, with a CAGR of +27.5%, recorded 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 metal washer export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 77% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Canada ($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 Uganda (+19.4%), while the prices for the other major destinations experienced a decline.

Metal Washer Imports

Imports into Kenya

In 2021, approx. X tons of iron or steel washers were imported into Kenya; declining by -64.1% against 2020. In general, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 686%. As a result, imports attained the peak of X tons, and then reduced markedly in the following year.

In value terms, metal washer imports contracted notably to $X in 2021. Over the period under review, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 574%. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest metal washer supplier to Kenya, with a 89% share of total imports. Moreover, metal washer imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +14.4%.

In value terms, China ($X) constituted the largest supplier of iron or steel washers to Kenya, comprising 59% of total imports. The second position in the ranking was held by India ($X), with a 6.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +8.4%.

Import Prices by Country

In 2021, the average metal washer import price amounted to $X per ton, waning by -10.5% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 55% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-2.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel washers in the world?

China constituted the country with the largest volume of metal washer consumption, comprising approx. 26% of total volume. Moreover, metal washer consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of iron or steel washers in the world?

China constituted the country with the largest volume of metal washer production, accounting for 44% of total volume. Moreover, metal washer production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Indonesia ranked third in terms of total production with a 4.9% share.

What are the leading suppliers of iron or steel washers to Kenya?

In value terms, China constituted the largest supplier of metal washer to Kenya, comprising 61% of total imports. The second position in the ranking was occupied by India, with a 6.6% share of total imports.

What are the leading importers of iron or steel washers from Kenya?

In value terms, the largest markets for metal washer exported from Kenya were Uganda, Tanzania and Democratic Republic of the Congo $313), with a combined 38% share of total exports.

What is the average export price for iron or steel washers in Kenya?

The average metal washer export price stood at $1,911 per ton in 2021, with an increase of 89% against the previous year.

What is the average import price for iron or steel washers in Kenya?

In 2021, the average metal washer import price amounted to $2,371 per ton, increasing by 17% against the previous year.

This report provides an in-depth analysis of the metal washer 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)

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