Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $4,506 per ton in 2022, growing by 14% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 44% against the previous year. The import price peaked at $4,929 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 the United Arab Emirates ($15,658 per ton), while the price for China ($4,077 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 Arab Emirates (+31.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $11,417 per ton in 2022, rising by 98% against the previous year. Overall, the export price enjoyed mild growth. The growth pace was the most rapid in 2018 an increase of 205% against the previous year. As a result, the export price reached the peak level of $11,890 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +623.9% per year.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya
For the fourth consecutive year, Kenya recorded growth in purchases abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, which increased by 84% to 97 tons in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 181% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $437K in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 304%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.3 | 19.0 | 119 | 380 | 198.4% |
| United Arab Emirates | 12.9 | 16.3 | 26.4 | 14.0 | 2.8% |
| India | 10.0 | 1.1 | 2.2 | 1.0 | -53.6% |
| Others | 35.1 | 15.3 | 60.7 | 41.5 | 5.7% |
| Total | 72.3 | 51.6 | 208 | 437 | 82.2% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Kenya in 2022:
- China (93.2 tons)
- United Arab Emirates (0.9 tons)
- India (0.1 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya
In 2022, approx. 48 kg of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were exported from Kenya; picking up by 30% compared with 2021. Overall, exports, however, faced a precipitous slump.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $548 in 2022. Over the period under review, exports, however, saw a significant decrease.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1,236 | 920 | 169 | 548 | -23.7% |
| South Sudan | N/A | 470 | N/A | N/A | 0% |
| Burundi | N/A | N/A | 44.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,236 | 1,390 | 213 | 548 | -23.7% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Kenya in 2022:
- Uganda (48.0 kg)
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