Kenya - Flat-Rolled Products Of Iron Or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFlat-Rolled Steel Products Price in Kenya - 2021
Contents:
- Flat-Rolled Steel Products Price in Kenya (CIF) - 2022
- Flat-Rolled Steel Products Price in Kenya (FOB) - 2022
- Flat-Rolled Steel Products Imports in Kenya
- Flat-Rolled Steel Products Exports in Kenya
Flat-Rolled Steel Products Price in Kenya (CIF) - 2022
In 2022, the average flat-rolled steel products import price amounted to $1,007 per ton, waning by -11.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum at $1,239 per ton in 2013; however, from 2014 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 China ($1,168 per ton), while the price for the United States ($626 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Flat-Rolled Steel Products Price in Kenya (FOB) - 2022
In 2022, the average flat-rolled steel products export price amounted to $1,259 per ton, with a decrease of -3.4% against the previous year. Over the period under review, the export price saw a pronounced decrease. The pace of growth appeared the most rapid in 2019 an increase of 17%. Over the period under review, the average export prices reached the peak figure at $2,053 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Tanzania ($2,166 per ton), while the average price for exports to Ethiopia ($922 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 Tanzania (+5.3%), while the prices for the other major destinations experienced a decline.
Flat-Rolled Steel Products Imports in Kenya
In 2022, imports of flat-rolled products of iron or non-alloy steel into Kenya declined to 14K tons, with a decrease of -6% on the year before. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. As a result, imports attained the peak of 15K tons, and then declined in the following year.
In value terms, flat-rolled steel products imports dropped notably to $14M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of $17M, and then shrank notably in the following year.
Import of Flat-Rolled Steel Products in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.4 | 2.7 | 4.6 | 5.4 | 16.7% |
Germany | 2.4 | 2.5 | 2.6 | 3.0 | 7.7% |
Belgium | 2.5 | 2.7 | 1.2 | 1.9 | -8.7% |
Japan | 2.7 | 1.4 | 0.9 | 1.5 | -17.8% |
Italy | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
India | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
United States | 0.1 | 0.5 | 0.2 | 0.2 | 26.0% |
Netherlands | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
United Kingdom | 0.6 | 0.2 | 0.3 | 0.2 | -30.7% |
South Africa | 0.6 | N/A | N/A | N/A | 0% |
Others | 1.0 | 0.6 | 6.6 | 0.6 | -15.7% |
Total | 13.7 | 11.2 | 17.0 | 14.1 | 1.0% |
Top Suppliers of Flat-Rolled Steel Products to Kenya in 2022:
- South Africa (undefinedK tons)
- China (4.6K tons)
- Belgium (2.7K tons)
- Germany (2.6K tons)
- Japan (1.4K tons)
- Italy (0.6K tons)
- United States (0.4K tons)
- Netherlands (0.3K tons)
- India (0.3K tons)
- United Kingdom (0.3K tons)
Flat-Rolled Steel Products Exports in Kenya
In 2022, after two years of decline, there was significant growth in shipments abroad of flat-rolled products of iron or non-alloy steel, when their volume increased by 5.5% to 1.2K tons. Overall, exports, however, saw a perceptible setback.
In value terms, flat-rolled steel products exports reached $1.5M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 6.1% against the previous year. As a result, the exports reached the peak of $1.5M; afterwards, it flattened through to 2022.
Export of Flat-Rolled Steel Products in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 1,169 | 1,327 | 1,200 | 1,297 | 3.5% |
Tanzania | 144 | 78.6 | 136 | 101 | -11.2% |
Ethiopia | 65.4 | 61.3 | 61.3 | 39.3 | -15.6% |
Others | 21.7 | 18.2 | 31.9 | 19.9 | -2.8% |
Total | 1,400 | 1,485 | 1,429 | 1,457 | 1.3% |
Top Export Markets for Flat-Rolled Steel Products from Kenya in 2022:
- Uganda (1048.9 tons)
- Tanzania (46.7 tons)
- Ethiopia (42.7 tons)
This report provides an in-depth analysis of the flat-rolled steel products 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 24105110 - Tinplate, other tinned sheet and strip, including electrolytically chromium coated steel (ECCS)
- Prodcom 243220Z1 - Steel sheet and strip as well as cold-rolled slit strip (of nonalloy steel), hot-dipped or electrolytically metal-coated, of a width < .600 mm
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 2012–2023
- 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
This report provides an in-depth analysis of the flat-rolled steel products market in Kenya.
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Kenya.
This report provides an in-depth analysis of the global flat-rolled steel products market.
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
Global Electrolytically Metal-Coated Sheet Market Report 2018. This report provides an in-depth analysis of the global electrolytically metal-coated sheet market.
Global Hot-Rolled Plate Or Sheet Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled plate or sheet.
This report provides an in-depth analysis of the flat-rolled steel products market in Kenya.
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Kenya.
This report provides an in-depth analysis of the global flat-rolled steel products market.
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
Explore the world's best import markets for flat-rolled steel products and key statistics. Learn about the leading countries in steel imports.
In value terms, semi-finished products of iron and non-alloy steel imports totaled $X in 2016. In general, semi-finished products of iron and non-alloy steel imports continue to indicate a pronounce...
In value terms, flat-rolled products of iron and non-alloy steel imports totaled $X in 2016. In general, flat-rolled products of iron and non-alloy steel imports continue to indicate a mild setback....
In value terms, alloy steel in ingots and other primary forms imports stood at $X in 2016. Overall, alloy steel in ingots and other primary forms imports continue to indicate a significant downturn...
In value terms, alloy steel flat-rolled products imports amounted to $X in 2016. In general, alloy steel flat-rolled products imports continue to indicate a pronounced downturn. Over the period und...
In value terms, steel, alloy, hot-rolled bars and rods imports stood at $X in 2016. Overall, steel, alloy, hot-rolled bars and rods imports continue to indicate a remarkable expansion. Over the per...
In value terms, alloy steel bars, rods, shapes and sections imports totaled $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value increased at an average an...
In value terms, semi-finished products of iron and non-alloy steel exports amounted to $X in 2016. In general, semi-finished products of iron and non-alloy steel exports continue to indicate a drast...
In value terms, flat-rolled products of iron and non-alloy steel exports stood at $X in 2016. Overall, flat-rolled products of iron and non-alloy steel exports continue to indicate a relatively flat...
In value terms, alloy steel in ingots and other primary forms exports totaled $X in 2016. In general, alloy steel in ingots and other primary forms exports continue to indicate a mild contraction. ...