Price for Tube or Pipe Flanges, Other than Stainless Steel in Kenya - 2023
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Kenya (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Kenya (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Kenya
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Kenya
Price for Tube or Pipe Flanges, Other than Stainless Steel in Kenya (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $2,026 per ton, with a decrease of -21.5% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 27% against the previous year. Over the period under review, average import prices hit record highs at $4,624 per ton in 2014; however, from 2015 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 South Africa ($6,316 per ton), while the price for Singapore ($1,346 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+0.0%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Kenya (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $6,685 per ton, jumping by 47% against the previous year. Overall, the export price continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2013 an increase of 85%. As a result, the export price attained the peak level of $9,204 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($36,833 per ton), while the average price for exports to Tanzania ($4,859 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 South Sudan (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Kenya
In 2022, overseas purchases of tube or pipe flanges, other than stainless steels decreased by -42.5% to 296 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of 671 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tube or pipe flanges, other than stainless steels dropped markedly to $599K in 2022. In general, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Tube or Pipe Flanges, Other than Stainless Steel in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 978 | 1,274 | 1,028 | 385 | -26.7% |
India | 145 | 82.5 | 59.3 | 60.4 | -25.3% |
United Arab Emirates | 50.3 | 20.2 | 74.1 | 37.1 | -9.6% |
Singapore | 25.9 | 11.5 | 9.5 | 6.9 | -35.7% |
Others | 190 | 148 | 156 | 110 | -16.7% |
Total | 1,388 | 1,536 | 1,327 | 599 | -24.4% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Kenya in 2022:
- China (237.5 tons)
- India (25.9 tons)
- United Arab Emirates (15.6 tons)
- Singapore (5.1 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Kenya
Exports of tube or pipe flanges, other than stainless steels from Kenya shrank significantly to 3.9 tons in 2022, which is down by -83.7% on 2021 figures. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 221%. As a result, the exports reached the peak of 24 tons, and then declined notably in the following year.
In value terms, exports of tube or pipe flanges, other than stainless steels contracted notably to $26K in 2022. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 192%. As a result, the exports attained the peak of $108K, and then declined notably in the following year.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 22.7 | 17.1 | 74.3 | 8.8 | -27.1% |
Uganda | 7.5 | 3.5 | 10.2 | 4.8 | -13.8% |
Somalia | 4.9 | 6.0 | 7.5 | 4.2 | -5.0% |
Rwanda | 3.5 | 6.6 | 6.8 | 3.1 | -4.0% |
Ghana | 0.1 | 0.2 | 0.6 | 1.8 | 162.1% |
Ethiopia | 1.4 | 0.8 | 1.6 | 1.5 | 2.3% |
Democratic Republic of the Congo | 2.2 | 1.1 | 1.2 | 0.6 | -35.2% |
India | 0.6 | N/A | N/A | N/A | 0% |
Others | 3.9 | 1.6 | 6.0 | 1.2 | -32.5% |
Total | 46.9 | 37.0 | 108 | 26.0 | -17.9% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Kenya in 2022:
- Tanzania (1813.0 kg)
- Uganda (870.0 kg)
- Rwanda (532.0 kg)
- Ethiopia (173.0 kg)
- Ghana (133.0 kg)
- Somalia (114.0 kg)
- Democratic Republic of the Congo (100.0 kg)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
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In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t