Report Update Apr 1, 2024

Kenya - Wire Rod Used for Concrete Reinforcing - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kenya: Market for Wire Rod Used For Concrete Reinforcing 2022

Market Size for Wire Rod Used For Concrete Reinforcing in Kenya

In 2021, after two years of growth, there was significant decline in the Kenyan concrete reinforcing wire rod market, when its value decreased by -X% to $X. In general, consumption, however, enjoyed a resilient expansion. Concrete reinforcing wire rod consumption peaked at $X in 2020, and then dropped in the following year.

Exports of Wire Rod Used For Concrete Reinforcing

Exports from Kenya

Concrete reinforcing wire rod exports from Kenya skyrocketed to X tons in 2021, with an increase of X% on the previous year's figure. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, concrete reinforcing wire rod exports skyrocketed to $X in 2021. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Tanzania (X tons) was the main destination for concrete reinforcing wire rod exports from Kenya, with a X% share of total exports. Moreover, concrete reinforcing wire rod exports to Tanzania exceeded the volume sent to the second major destination, Rwanda (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania stood at +X%.

In value terms, Tanzania ($X) remains the key foreign market for concrete reinforcing wire rod exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by Rwanda ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania totaled +X%.

Export Prices by Country

The average concrete reinforcing wire rod export price stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a mild descent. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Tanzania stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+X%).

Imports of Wire Rod Used For Concrete Reinforcing

Imports into Kenya

In 2021, after two years of growth, there was significant decline in supplies from abroad of wire rod used for concrete reinforcing, when their volume decreased by -X% to X tons. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2020, and then dropped sharply in the following year.

In value terms, concrete reinforcing wire rod imports fell slightly to $X in 2021. Overall, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced modestly in the following year.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and Malaysia (X tons) were the main suppliers of concrete reinforcing wire rod imports to Kenya, with a combined X% share of total imports. South Africa, Indonesia, Ukraine, Russia, Vietnam and Moldova lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United Arab Emirates ($X) and Malaysia ($X) appeared to be the largest concrete reinforcing wire rod suppliers to Kenya, together comprising X% of total imports. South Africa, Indonesia, Ukraine, Russia, Moldova and Vietnam lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average concrete reinforcing wire rod import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were India ($X per ton) and Ukraine ($X per ton), while the price for South Africa ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wire rod used for concrete reinforcing in the world?

The countries with the highest volumes of in 2021 were the Netherlands, Ukraine and South Korea, with a combined 15% share of global consumption. These countries were followed by Brazil, the United States, Israel, Romania, Japan, Turkey, Mexico, Thailand, Taiwan Chinese) and Slovakia, which together accounted for a further 31%.

What are the largest producers of wire rod used for concrete reinforcing in the world?

The countries with the highest volumes of in 2021 were Ukraine, Russia and Turkey, together accounting for 29% of global production. These countries were followed by Italy, Germany, Japan, Brazil, the United Arab Emirates, Vietnam, Spain, Greece, South Korea and Portugal, which together accounted for a further 41%.

What are the leading suppliers of wire rod used for concrete reinforcing to Kenya?

In value terms, the largest concrete reinforcing wire rod suppliers to Kenya were India, the United Arab Emirates and Malaysia, with a combined 53% share of total imports. South Africa, Indonesia, Ukraine, Russia, Moldova and Vietnam lagged somewhat behind, together accounting for a further 43%.

What are the leading importers of wire rod used for concrete reinforcing from Kenya?

In value terms, Tanzania remains the key foreign market for concrete reinforcing wire rod exports from Kenya, comprising 90% of total exports. The second position in the ranking was taken by Rwanda, with a 6.1% share of total exports.

What is the average export price for wire rod used for concrete reinforcing in Kenya?

The average concrete reinforcing wire rod export price stood at $823 per ton in 2021, picking up by 42% against the previous year.

What is the average import price for wire rod used for concrete reinforcing in Kenya?

The average concrete reinforcing wire rod import price stood at $679 per ton in 2021, with an increase of 28% against the previous year.

This report provides an in-depth analysis of the market for concrete reinforcing wire rod 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 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)

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