Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya - 2022

Contents:

  1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya (CIF) - 2022
  2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya (FOB) - 2022
  3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya
  4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $7,093 per ton in 2022, increasing by 25% against the previous year. In general, the import price saw a modest expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 36% against the previous year. The import price peaked at $12,673 per ton in 2015; however, from 2016 to 2022, import prices stood 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 Turkey ($9,634 per ton), while the price for China ($4,980 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $31,150 per ton in 2022, picking up by 392% against the previous year. In general, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Antigua and Barbuda ($83,571 per ton), while the average price for exports to Rwanda amounted to $2,923 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya

After three years of growth, purchases abroad of tubing; flexible, with or without fittings, of base metals decreased by -33% to 172 tons in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 245% against the previous year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals shrank sharply to $1.2M in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 293%.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1153091,04464777.9%
India16.7120175199128.4%
United Arab Emirates10.740.241.349.066.1%
Turkey21.462.385.921.70.5%
Others69.238310630163.2%
Total2339151,4511,21773.5%

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Kenya in 2022:

  1. China (129.8 tons)
  2. India (24.0 tons)
  3. United Arab Emirates (7.1 tons)
  4. Turkey (2.3 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya

In 2022, shipments abroad of tubing; flexible, with or without fittings, of base metals decreased by -98.1% to 20 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 714%. As a result, the exports reached the peak of 2.3 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tubing; flexible, with or without fittings, of base metals declined markedly to $623 in 2022. In general, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 921%. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tubing; Flexible, with or Without Fittings, of Base Metal in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Antigua and BarbudaN/AN/AN/A0.60%
Burundi0.12.2N/AN/A2100.0%
UgandaN/A3.41.9N/A-44.1%
Congo0.1N/AN/AN/A0%
RwandaN/A5.8N/AN/A0%
Others1.11.64.9N/A111.1%
Total1.313.06.80.6-22.7%

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Kenya in 2022:

  1. Rwanda (13.0 kg)
  2. Antigua and Barbuda (7.0 kg)

Source: IndexBox Market Intelligence Platform

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