Kenya: Market for Stainless Steel Seamless Pipe For Oil And Gas 2025

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in Kenya

The Kenyan stainless steel seamless pipe market expanded remarkably to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a resilient increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Stainless Steel Seamless Pipe For Oil And Gas in Kenya

In value terms, stainless steel seamless pipe production rose notably to $X in 2022 estimated in export price. In general, production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from Kenya

In 2022, the amount of stainless steel seamless pipe for oil and gas exported from Kenya surged to X tons, with an increase of X% against 2021. Overall, exports showed a slight expansion. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, stainless steel seamless pipe exports soared to $X in 2022. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania (X tons) was the main destination for stainless steel seamless pipe exports from Kenya, with a X% share of total exports. Moreover, stainless steel seamless pipe exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Tanzania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Rwanda (X% per year).

In value terms, Tanzania ($X) remains the key foreign market for stainless steel seamless pipe for oil and gas exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Uganda ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Tanzania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Rwanda (X% per year).

Export Prices by Country

The average stainless steel seamless pipe export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then contracted markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into Kenya

In 2022, imports of stainless steel seamless pipe for oil and gas into Kenya soared to X tons, growing by X% compared with 2021 figures. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, stainless steel seamless pipe imports surged to $X in 2022. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest stainless steel seamless pipe supplier to Kenya, accounting for a X% share of total imports. Moreover, stainless steel seamless pipe imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of stainless steel seamless pipe for oil and gas to Kenya, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2022, the average stainless steel seamless pipe import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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