Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $2,876 per ton, remaining constant against the previous year. In general, the import price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 96%. As a result, import price reached the peak level of $6,018 per ton. From 2017 to 2022, the average import prices remained 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 the United States ($52,419 per ton), while the price for China ($1,309 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $7,974 per ton in 2022, falling by -40.4% against the previous year. In general, the export price recorded a deep reduction. The growth pace was the most rapid in 2017 when the average export price increased by 134% against the previous year. The export price peaked at $26,626 per ton in 2012; however, from 2013 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 Oman ($8,938 per ton), while the average price for exports to Mali ($2,000 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 Ghana (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses imported into Kenya reduced remarkably to 55 tons, which is down by -23% against the previous year. In general, imports faced a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 126% against the previous year.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses reduced dramatically to $158K in 2022. Overall, imports continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 211 | 28.0 | 41.7 | 52.9 | -36.9% |
| India | 59.5 | 15.6 | 65.0 | 20.3 | -30.1% |
| Japan | 43.9 | 26.6 | 4.5 | 2.6 | -61.0% |
| Others | 159 | 90.1 | 92.6 | 82.1 | -19.8% |
| Total | 473 | 160 | 204 | 158 | -30.6% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Kenya in 2022:
- China (40.4 tons)
- India (11.3 tons)
- Japan (0.3 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya
Exports of iron or steel; non-threaded cotters and cotter-pinses from Kenya dropped dramatically to 38 kg in 2022, declining by -65.8% on the previous year's figure. In general, exports recorded a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 37% against the previous year.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses reduced remarkably to $303 in 2022. Over the period under review, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 32%.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 286 | 0% |
| Congo | N/A | N/A | N/A | 7.0 | 0% |
| Tanzania | 684 | 19.0 | 245 | 6.0 | -79.4% |
| Mali | N/A | 18.0 | N/A | 4.0 | -52.9% |
| Uganda | 241 | 320 | 179 | N/A | -13.8% |
| South Africa | 2,653 | 9.0 | 17.0 | N/A | -92.0% |
| Madagascar | N/A | N/A | 113 | N/A | 0% |
| Others | 1,091 | 756 | 931 | N/A | -7.6% |
| Total | 4,669 | 1,122 | 1,485 | 303 | -59.8% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Kenya in 2022:
- Oman (32.0 kg)
- Congo (3.0 kg)
- Mali (2.0 kg)
- Tanzania (1.0 kg)
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