Kenya: Market for Welded And Cold-Formed Sections Of Steel 2025

Market Size for Welded And Cold-Formed Sections Of Steel in Kenya

The Kenyan market for welded and cold-formed sections of steel rose to $X in 2022, picking up by 1.8% against the previous year. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Welded And Cold-Formed Sections Of Steel in Kenya

In value terms, welded and cold-formed steel sections production rose modestly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 69% against the previous year. Welded and cold-formed steel sections production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from Kenya

Welded and cold-formed steel sections exports from Kenya rose remarkably to X tons in 2022, surging by 5.3% against 2021 figures. In general, exports, however, faced a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 158% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, welded and cold-formed steel sections exports contracted to $X in 2022. Overall, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 218%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Burundi (X tons) was the main destination for welded and cold-formed steel sections exports from Kenya, with a 92% share of total exports. It was followed by Tanzania (X kg), with a 2.9% share of total exports. Uganda (X kg) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume to Burundi totaled -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-28.9% per year) and Uganda (-10.8% per year).

In value terms, Burundi ($X) remains the key foreign market for welded and cold-formed sections of steel exports from Kenya, comprising 50% of total exports. The second position in the ranking was taken by Uganda ($X), with a 20% share of total exports. It was followed by Rwanda, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Burundi amounted to -14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+2.8% per year) and Rwanda (-12.5% per year).

Export Prices by Country

In 2022, the average export price for welded and cold-formed sections of steel amounted to $X per ton, waning by -6.7% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, welded and cold-formed steel sections export price increased by +41.7% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 90%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Burundi ($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 (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into Kenya

In 2022, the amount of welded and cold-formed sections of steel imported into Kenya skyrocketed to X tons, growing by 19% on the previous year. In general, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 114% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, welded and cold-formed steel sections imports expanded notably to $X in 2022. Over the period under review, imports, however, saw a dramatic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 119% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of welded and cold-formed steel sections to Kenya, with a 58% share of total imports. Moreover, welded and cold-formed steel sections imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-3.8% per year) and Italy (+70.0% per year).

In value terms, China ($X), Egypt ($X) and India ($X) constituted the largest welded and cold-formed steel sections suppliers to Kenya, with a combined 81% share of total imports. Belgium, Italy and Turkey lagged somewhat behind, together accounting for a further 10%.

Belgium, with a CAGR of +82.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for welded and cold-formed sections of steel amounted to $X per ton, with a decrease of -8.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 32%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Belgium ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+86.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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