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Kenya - Built-In Jacking Systems Of A Type Used In Garages For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBuilt-in Jacking System Price in Kenya - 2021
Contents:
- Built-in Jacking System Price in Kenya (CIF) - 2022
- Built-in Jacking System Price in Kenya (FOB) - 2022
- Built-in Jacking System Imports in Kenya
- Built-in Jacking System Exports in Kenya
Built-in Jacking System Price in Kenya (CIF) - 2022
The average built-in jacking system import price stood at $3,144 per unit in 2022, reducing by -21.2% against the previous year. Over the period under review, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2021 an increase of 145% against the previous year. As a result, import price attained the peak level of $3,990 per unit, and then declined remarkably in the following year.
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 Italy ($27,141 per unit), while the price for Turkey ($179 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+71.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Built-in Jacking System Price in Kenya (FOB) - 2022
The average built-in jacking system export price stood at $169 per unit in 2022, with an increase of 32% against the previous year. Over the period under review, the export price saw a slight increase. The pace of growth appeared the most rapid in 2018 an increase of 201% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($514 per unit), while the average price for exports to Rwanda ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+147.8%), while the prices for the other major destinations experienced more modest paces of growth.
Built-in Jacking System Imports in Kenya
In 2022, imports of built-in jacking systems of a type used in garages for raising vehicles into Kenya declined markedly to 79 units, dropping by -28.8% against the previous year's figure. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 236%. Imports peaked at 143 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, built-in jacking system imports reduced sharply to $248K in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 723%. As a result, imports attained the peak of $443K, and then reduced remarkably in the following year.
Import of Built-in Jacking System in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 35.2 | 9.6 | 48.2 | 56.0 | 16.7% |
Italy | 95.5 | 5.9 | 159 | 54.3 | -17.2% |
Netherlands | 7.9 | 3.9 | 15.4 | 21.3 | 39.2% |
Sweden | 22.3 | 7.5 | 20.6 | 19.7 | -4.0% |
United Kingdom | 2.4 | 1.6 | 8.9 | 10.9 | 65.6% |
United Arab Emirates | 7.3 | 2.3 | 4.6 | 5.3 | -10.1% |
Japan | 0.1 | 0.1 | 2.4 | 2.8 | 203.7% |
India | 15.4 | 1.6 | 1.6 | 2.7 | -44.0% |
Turkey | 1.1 | 0.5 | 1.7 | 2.2 | 26.0% |
Taiwan (Chinese) | N/A | 7.5 | 26.9 | N/A | 258.7% |
Others | 118 | 13.4 | 154 | 73.3 | -14.7% |
Total | 305 | 53.8 | 443 | 248 | -6.7% |
Top Suppliers of Built-in Jacking System to Kenya in 2022:
- China (43.0 units)
- Turkey (12.0 units)
- Japan (5.0 units)
- Sweden (4.0 units)
- United Kingdom (3.0 units)
- Netherlands (2.0 units)
- Italy (2.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
Built-in Jacking System Exports in Kenya
In 2022, built-in jacking system exports from Kenya dropped markedly to 6 units, reducing by -33.3% on the previous year. Overall, exports faced a dramatic downturn. The smallest decline of -10% was in 2021. Over the period under review, the exports attained the maximum at 14 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, built-in jacking system exports contracted to $1K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, the exports attained the peak of $1.2K, and then declined in the following year.
Export of Built-in Jacking System in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Sudan | 89.0 | 321 | 571 | 514 | 79.4% |
Tanzania | 2.0 | 168 | 333 | 300 | 431.3% |
Uganda | 213 | 230 | 140 | 158 | -9.5% |
Rwanda | 312 | 160 | 107 | 43.0 | -48.3% |
Democratic Republic of the Congo | 57.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 673 | 879 | 1,151 | 1,015 | 14.7% |
Top Export Markets for Built-in Jacking System from Kenya in 2022:
- Rwanda (3.0 units)
- Tanzania (1.0 units)
- South Sudan (1.0 units)
- Uganda (1.0 units)
This report provides an in-depth analysis of the built-in jacking system market 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 28221330 - Built-in jacking systems of a type used in garages for raising vehicles
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
-
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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Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.