Report Update: Apr 1, 2024

Kenya - Nails, Tacks, Staples, Screws And Bolts - Market Analysis, Forecast, Size, Trends and Insights

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Nail and Bolt Price in Kenya - 2021

Nail and Bolt Price in Kenya (CIF) - 2022

The average nail and bolt import price stood at $2,070 per ton in 2022, approximately mirroring the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nail and bolt import price increased by +91.1% against 2015 indices. The growth pace was the most rapid in 2019 an increase of 38%. Over the period under review, average import prices attained the peak figure at $2,079 per ton in 2021, and then declined in the following year.

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 ($1,940 per ton), while the price for the United Arab Emirates ($720 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Nail and Bolt Price in Kenya (FOB) - 2022

The average nail and bolt export price stood at $999 per ton in 2022, approximately mirroring the previous year. Overall, the export price recorded a noticeable contraction. The pace of growth was the most pronounced in 2016 an increase of 88% against the previous year. Over the period under review, the average export prices attained the maximum at $2,372 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($2,292 per ton), while the average price for exports to Democratic Republic of the Congo ($445 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 Uganda (+0.4%), while the prices for the other major destinations experienced a decline.

Nail and Bolt Imports in Kenya

After two years of decline, purchases abroad of nails, tacks, staples, screws and bolts increased by 13% to 15K tons in 2022. Overall, imports, however, recorded a deep setback.

In value terms, nail and bolt imports totaled $32M in 2022. Over the period under review, imports, however, continue to indicate a pronounced downturn.

Import of Nail and Bolt in Kenya (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	19.1	17.6	15.4	24.0	7.9%
India	7.0	4.4	3.1	2.7	-27.2%
Egypt	0.8	0.6	0.5	0.2	-37.0%
United Arab Emirates	0.2	0.2	0.3	0.2	0.0%
Uganda	1.7	1.9	0.5	0.2	-51.0%
Others	7.8	10.4	8.4	4.4	-17.4%
Total	36.5	35.1	28.1	31.6	-4.7%

Top Suppliers of Nail and Bolt to Kenya in 2022:

China (12.4K tons)
India (1.5K tons)
United Arab Emirates (0.3K tons)
Uganda (0.2K tons)
Egypt (0.1K tons)

Nail and Bolt Exports in Kenya

After three years of growth, shipments abroad of nails, tacks, staples, screws and bolts decreased by -36.5% to 6.3K tons in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 278%. As a result, the exports reached the peak of 9.9K tons, and then contracted markedly in the following year.

In value terms, nail and bolt exports fell markedly to $6.3M in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 273%. As a result, the exports reached the peak of $9.9M, and then dropped remarkably in the following year.

Export of Nail and Bolt in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	138	323	3,210	3,537	194.8%
Rwanda	824	1,107	4,148	1,604	24.9%
Burundi	252	248	867	269	2.2%
Uganda	552	408	421	259	-22.3%
Democratic Republic of the Congo	275	186	609	204	-9.5%
South Sudan	51.0	49.8	268	157	45.5%
Tanzania	220	69.9	182	135	-15.0%
Others	294	277	241	143	-21.4%
Total	2,607	2,669	9,947	6,308	34.3%

Top Export Markets for Nail and Bolt from Kenya in 2022:

United States (2654.4 tons)
Rwanda (2162.6 tons)
Burundi (565.9 tons)
Democratic Republic of the Congo (457.7 tons)
Uganda (211.6 tons)
South Sudan (115.5 tons)
Tanzania (58.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nail and bolt 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 25931410 -
Prodcom 25931480 -
Prodcom 25941113 - Screws, turned from bars, rods, profiles, or wire, of a shank thickness . 6 mm
Prodcom 25941115 - Other screws and bolts for fixing railway truck construction material, iron or steel
Prodcom 25941117 - Screws and bolts without heads in steel
Prodcom 25941123 - Slotted and cross-recessed screws of stainless steel
Prodcom 25941125 - Other screws and bolts with heads
Prodcom 25941127 - Hexagon socket head screws of stainless steel
Prodcom 25941129 - Other hexagon socket head screws
Prodcom 25941131 - Stainless steel hexagon bolts with heads
Prodcom 25941133 - Iron or steel hexagon bolts with heads, with a tensile strength < .800 MPa (excluding of stainless steel)
Prodcom 25941135 - Iron or steel hexagon bolts with heads, with a tensile strength. .800 MPa (excluding of stainless steel)
Prodcom 25941139 - Iron or steel bolts with heads (excluding hexagon bolts)
Prodcom 25941153 - Iron or steel wood screws
Prodcom 25941157 - Iron or steel screw hooks and screw rings
Prodcom 25941173 - Stainless steel self-tapping screws (excluding threaded mechanisms used to transmit motion, or to act as an active machinery part)
Prodcom 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)
Prodcom 25941183 - Iron or steel nuts turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm
Prodcom 25941185 - Stainless steel nuts (excluding those turned from bars, rods, p rofiles, or wire, of solid section, of a hole diameter . 6 mm)
Prodcom 25941187 - Iron or steel nuts (including self-locking nuts) (excluding of stainless steel, turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm)
Prodcom 25941190 - Threaded articles, n.e.c., of iron or steel
Prodcom 25941210 - Iron or steel spring washers and other lock washers
Prodcom 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
Prodcom 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
Prodcom 25941270 - Iron or steel cotters and cotter-pins and similar non-threaded articles (excluding washers, rivets)
Prodcom 25941310 - Washers, rivets, cotters, cotter pins and the like, not threaded, of copper
Prodcom 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)
Prodcom 25941370 - Threaded articles of copper, n.e.c.

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