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Kenya - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Keys Price in Kenya - 2021
Contents:
- Base Metal Keys Price in Kenya (CIF) - 2022
- Base Metal Keys Price in Kenya (FOB) - 2022
- Base Metal Keys Imports in Kenya
- Base Metal Keys Exports in Kenya
Base Metal Keys Price in Kenya (CIF) - 2022
The average base metal keys import price stood at $4,731 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by 184% against the previous year. The import price peaked at $11,361 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17,387 per ton), while the price for China ($3,314 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Metal Keys Price in Kenya (FOB) - 2022
In 2022, the average base metal keys export price amounted to $14,527 per ton, rising by 85% against the previous year. In general, the export price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2014 an increase of 85% against the previous year. Over the period under review, the average export prices hit record highs at $26,800 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($34,500 per ton), while the average price for exports to Rwanda ($2,107 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 the Netherlands (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Keys Imports in Kenya
In 2022, approx. 58 tons of base metal keys were imported into Kenya; approximately reflecting the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports attained the peak of 59 tons, leveling off in the following year.
In value terms, base metal keys imports reached $277K in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, imports attained the peak of $278K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Base Metal Keys in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 94.1 | 101 | 69.6 | 148 | 16.3% |
Japan | 20.0 | 18.6 | 25.4 | 21.3 | 2.1% |
South Africa | 7.1 | 30.3 | 23.9 | 18.1 | 36.6% |
Spain | 21.4 | 44.2 | 26.4 | 17.6 | -6.3% |
India | 20.6 | 6.0 | 8.3 | 7.7 | -28.0% |
Italy | 38.4 | 27.6 | 61.8 | 7.1 | -43.0% |
Others | 42.3 | 50.3 | 59.9 | 56.2 | 9.9% |
Total | 244 | 278 | 275 | 277 | 4.3% |
Top Suppliers of Base Metal Keys to Kenya in 2022:
- China (44.8 tons)
- South Africa (4.9 tons)
- Spain (2.6 tons)
- India (1.7 tons)
- Japan (1.4 tons)
- Italy (0.4 tons)
Base Metal Keys Exports in Kenya
In 2022, approx. 486 kg of base metal keys were exported from Kenya; with a decrease of -58.9% on the previous year's figure. In general, exports, however, showed a pronounced expansion. The growth pace was the most rapid in 2021 when exports increased by 244%. As a result, the exports attained the peak of 1.2 tons, and then shrank remarkably in the following year.
In value terms, base metal keys exports dropped sharply to $7.1K in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 93%.
Export of Base Metal Keys in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 283 | 403 | 1,029 | 1,306 | 66.5% |
Finland | 793 | 1,164 | 2,175 | 1,173 | 13.9% |
Uganda | 4.0 | 370 | 1,437 | 815 | 488.4% |
Switzerland | 21.0 | 35.0 | 226 | 609 | 207.2% |
Netherlands | 237 | 495 | 645 | 181 | -8.6% |
Portugal | N/A | N/A | N/A | 180 | 0% |
Rwanda | 7,128 | 607 | 647 | 59.0 | -79.8% |
Angola | N/A | N/A | 335 | N/A | 0% |
Others | 1,211 | 1,745 | 2,804 | 2,737 | 31.2% |
Total | 9,677 | 4,819 | 9,298 | 7,060 | -10.0% |
Top Export Markets for Base Metal Keys from Kenya in 2022:
- Tanzania (193.0 kg)
- Uganda (128.0 kg)
- Switzerland (36.0 kg)
- Finland (34.0 kg)
- Rwanda (28.0 kg)
- Portugal (15.0 kg)
- Netherlands (11.0 kg)
This report provides an in-depth analysis of the base metal keys 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 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
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
-
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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