Kenya - Threaded Articles of Copper - Market Analysis, Forecast, Size, Trends and Insights
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Threaded Copper Articles Market Size in Kenya
The Kenyan threaded copper articles market fell to $X in 2022, flattening at the previous year. Overall, consumption, however, recorded a drastic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Threaded Copper Articles Production in Kenya
In value terms, threaded copper articles production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when the production volume increased by 13% against the previous year. Threaded copper articles production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Threaded Copper Articles Exports
Exports from Kenya
In 2022, overseas shipments of threaded articles of copper increased by 7.9% to X kg, rising for the fourth year in a row after two years of decline. Overall, exports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,031%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, threaded copper articles exports dropped notably to $X in 2022. In general, exports showed a temperate expansion. The pace of growth was the most pronounced in 2021 when exports increased by 2,338% against the previous year. As a result, the exports attained the peak of $X, and then contracted sharply in the following year.
Exports by Country
Uganda (X kg) was the main destination for threaded copper articles exports from Kenya, accounting for a 45% share of total exports. Moreover, threaded copper articles exports to Uganda exceeded the volume sent to the second major destination, Zambia (X kg), twofold. The third position in this ranking was held by Tanzania (X kg), with an 18% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Uganda stood at +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+27.8% per year) and Tanzania (-1.1% per year).
In value terms, Zambia ($X), Tanzania ($X) and Uganda ($X) appeared to be the largest markets for threaded copper articles exported from Kenya worldwide, together accounting for 92% of total exports.
In terms of the main countries of destination, Zambia, with a CAGR of +35.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
In 2022, the average threaded copper articles export price amounted to $X per ton, dropping by -51.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 494%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($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 Zambia (+6.0%), while the prices for the other major destinations experienced a decline.
Threaded Copper Articles Imports
Imports into Kenya
In 2022, approx. X tons of threaded articles of copper were imported into Kenya; growing by 533% on the previous year's figure. Overall, imports saw a resilient expansion. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, threaded copper articles imports surged to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Imports by Country
India (X tons), China (X tons) and South Africa (X tons) were the main suppliers of threaded copper articles imports to Kenya, with a combined 84% share of total imports. Israel, Norway, the United Arab Emirates and the UK lagged somewhat behind, together comprising a further 13%.
From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +48.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, India ($X) constituted the largest supplier of threaded articles of copper to Kenya, comprising 39% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Israel, with a 13% share.
From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.3% per year) and Israel (0.0% per year).
Import Prices by Country
In 2022, the average threaded copper articles import price amounted to $X per ton, dropping by -19.4% against the previous year. Over the period under review, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+54.3%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the threaded copper articles 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 25941370 - Threaded articles of copper, n.e.c.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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