Kenya - Iron Or Steel Towers And Lattice Masts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Towers in Kenya - 2021
Contents:
- Price for Iron or Steel Towers in Kenya (CIF) - 2022
- Price for Iron or Steel Towers in Kenya (FOB) - 2022
- Imports of Iron or Steel Towers in Kenya
- Exports of Iron or Steel Towers in Kenya
Price for Iron or Steel Towers in Kenya (CIF) - 2022
The average iron or steel towers import price stood at $1,508 per ton in 2022, waning by -7.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 17%. The import price peaked at $2,148 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($2,278 per ton), while the price for India ($1,222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel Towers in Kenya (FOB) - 2022
The average iron or steel towers export price stood at $2,234 per ton in 2022, falling by -16.4% against the previous year. In general, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. The export price peaked at $2,812 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 Somalia ($3,590 per ton), while the average price for exports to Democratic Republic of the Congo ($384 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 Rwanda (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Towers in Kenya
In 2022, overseas purchases of iron or steel towers and lattice masts decreased by -2.6% to 9.8K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year.
In value terms, iron or steel towers imports declined to $15M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year.
| Import of Iron or Steel Towers in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 5.4 | 7.6 | 7.7 | 3.2% |
| India | 1.2 | 6.5 | 3.7 | 4.3 | 53.0% |
| Saudi Arabia | 0.3 | 0.4 | 0.9 | 0.8 | 38.7% |
| Spain | N/A | 0.3 | 1.1 | 0.8 | 63.3% |
| Others | 0.6 | 0.5 | 3.1 | 1.1 | 22.4% |
| Total | 9.2 | 13.2 | 16.3 | 14.7 | 16.9% |
Top Suppliers of Iron or Steel Towers to Kenya in 2022:
- China (4.9K tons)
- India (3.5K tons)
- Saudi Arabia (0.4K tons)
- Spain (0.4K tons)
Exports of Iron or Steel Towers in Kenya
In 2022, iron or steel towers exports from Kenya expanded rapidly to 411 tons, picking up by 6.3% compared with the year before. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 183% against the previous year. As a result, the exports reached the peak of 413 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, iron or steel towers exports declined to $919K in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 137%.
| Export of Iron or Steel Towers in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 71.4 | 46.3 | 752 | 544 | 96.8% |
| Uganda | 77.7 | 345 | 119 | 152 | 25.1% |
| South Sudan | 110 | 295 | 83.1 | 148 | 10.4% |
| Somalia | 10.8 | 27.5 | 32.5 | 27.6 | 36.7% |
| Tanzania | 4.8 | 47.9 | 8.3 | 16.0 | 49.4% |
| Burundi | 8.2 | 15.1 | 14.2 | 9.5 | 5.0% |
| Democratic Republic of the Congo | 3.6 | 3.8 | 0.9 | 3.0 | -5.9% |
| Others | 52.5 | 22.8 | 23.8 | 18.0 | -30.0% |
| Total | 339 | 803 | 1,034 | 919 | 39.4% |
Top Export Markets for Iron or Steel Towers from Kenya in 2022:
- Rwanda (191.9 tons)
- Uganda (86.2 tons)
- South Sudan (65.3 tons)
- Tanzania (36.0 tons)
- Democratic Republic of the Congo (7.8 tons)
- Burundi (7.8 tons)
- Somalia (7.7 tons)
This report provides an in-depth analysis of the market for iron or steel towers 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 25112200 - Iron or steel towers and lattice masts
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
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