Report Update: May 1, 2024

Kenya - Table, Kitchen Or Household Articles And Parts Of Iron - Market Analysis, Forecast, Size, Trends And Insights

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Iron Household Articles Price in Kenya - 2021

Iron Household Articles Price in Kenya (CIF) - 2022

The average iron household articles import price stood at $2,217 per ton in 2022, growing by 18% against the previous year. Over the period under review, the import price, however, showed a mild contraction. The pace of growth was the most pronounced in 2020 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $2,711 per ton in 2013; however, from 2014 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 India ($2,734 per ton), while the price for Canada ($1,257 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%), while the prices for the other major suppliers experienced a decline.

Iron Household Articles Price in Kenya (FOB) - 2022

In 2022, the average iron household articles export price amounted to $2,834 per ton, with an increase of 12% against the previous year. In general, the export price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2013 an increase of 20%. Over the period under review, the average export prices reached the peak figure at $4,653 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 ($3,437 per ton), while the average price for exports to Nigeria ($790 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 Malawi (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Iron Household Articles Imports in Kenya

After three years of growth, supplies from abroad of table, kitchen or household articles and parts of iron decreased by -9% to 2.1K tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 54%.

In value terms, iron household articles imports expanded sharply to $4.7M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 94%. As a result, imports attained the peak of $5.1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Iron Household Articles in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,231	2,836	1,995	2,413	25.2%
India	471	714	1,108	1,263	38.9%
United States	70.9	228	200	228	47.6%
Canada	32.6	73.7	120	138	61.8%
United Kingdom	189	828	451	28.6	-46.7%
Others	605	373	527	655	2.7%
Total	2,599	5,051	4,400	4,726	22.1%

Top Suppliers of Iron Household Articles to Kenya in 2022:

China (1212.8 tons)
India (462.0 tons)
United States (164.4 tons)
Canada (109.6 tons)
United Kingdom (13.3 tons)

Iron Household Articles Exports in Kenya

In 2022, after two years of decline, there was significant growth in overseas shipments of table, kitchen or household articles and parts of iron, when their volume increased by 6.4% to 112 tons. In general, exports, however, continue to indicate a sharp downturn.

In value terms, iron household articles exports soared to $317K in 2022. Overall, exports, however, faced a dramatic decrease.

Export of Iron Household Articles in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ethiopia	334	50.5	69.7	76.1	-38.9%
Democratic Republic of the Congo	103	74.3	65.7	71.7	-11.4%
Burundi	17.9	52.5	53.9	58.9	48.7%
South Sudan	28.1	26.9	53.4	58.3	27.5%
Malawi	2.1	4.4	2.1	22.5	120.5%
Somalia	30.4	22.7	3.9	4.3	-47.9%
Tanzania	37.9	9.4	1.3	2.4	-60.1%
Nigeria	2.7	1.9	0.3	2.3	-5.2%
Rwanda	42.8	18.4	2.2	1.6	-66.6%
Uganda	11.0	2.3	0.4	0.7	-60.1%
Chad	N/A	44.9	N/A	N/A	0%
Others	79.3	58.5	13.9	17.9	-39.1%
Total	689	367	267	317	-22.8%

Top Export Markets for Iron Household Articles from Kenya in 2022:

Ethiopia (27.8 tons)
Democratic Republic of the Congo (26.8 tons)
South Sudan (20.2 tons)
Burundi (17.7 tons)
Malawi (7.5 tons)
Nigeria (2.9 tons)
Somalia (1.3 tons)
Tanzania (1.2 tons)
Rwanda (0.5 tons)
Uganda (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron household 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 25991245 - Table, kitchen or household articles and parts thereof of iron other than cast iron, or steel other than stainless (excl. enamelled)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023