Kenya - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLoading Machinery Price in Kenya - 2021
Contents:
- Loading Machinery Price in Kenya (CIF) - 2022
- Loading Machinery Price in Kenya (FOB) - 2022
- Loading Machinery Imports in Kenya
- Loading Machinery Exports in Kenya
Loading Machinery Price in Kenya (CIF) - 2022
In 2022, the average loading machinery import price amounted to $3,645 per unit, with an increase of 92% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $3,809 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Canada ($9,877 per unit), while the price for China ($1,188 per unit) 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 (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Loading Machinery Price in Kenya (FOB) - 2022
In 2022, the average loading machinery export price amounted to $2,337 per unit, jumping by 23% against the previous year. In general, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 101%. Over the period under review, the average export prices reached the maximum at $4,030 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($5,851 per unit), while the average price for exports to Uganda ($1,893 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 Uganda (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Loading Machinery Imports in Kenya
In 2022, approx. 8.7K units of lifting, handling, loading or unloading machinery were imported into Kenya; dropping by -63% against the previous year. Over the period under review, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when imports increased by 338%. As a result, imports attained the peak of 23K units, and then dropped sharply in the following year.
In value terms, loading machinery imports declined notably to $32M in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 138%. As a result, imports attained the peak of $44M, and then shrank significantly in the following year.
| Import of Loading Machinery in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.3 | 4.3 | 5.2 | 7.0 | 28.5% |
| South Africa | 0.1 | 0.2 | 1.5 | 5.7 | 284.9% |
| China | 2.9 | 2.5 | 24.8 | 3.2 | 3.3% |
| Germany | 0.2 | 0.4 | 0.2 | 2.6 | 135.1% |
| India | 0.9 | 3.4 | 5.0 | 2.3 | 36.7% |
| France | 1.7 | 1.9 | 1.9 | 2.3 | 10.6% |
| Belgium | 0.1 | 0.2 | 0.3 | 1.9 | 166.8% |
| Saudi Arabia | 0.6 | 0.8 | 0.9 | 1.3 | 29.4% |
| Australia | 2.0 | 1.6 | 1.0 | 1.2 | -15.7% |
| United Arab Emirates | N/A | N/A | 0.4 | 0.9 | 125.0% |
| Turkey | 0.1 | 0.5 | 0.1 | 0.5 | 71.0% |
| Spain | 0.6 | 0.2 | 0.3 | 0.5 | -5.9% |
| United Kingdom | 0.6 | 0.5 | 1.0 | 0.3 | -20.6% |
| Others | 1.9 | 2.3 | 1.9 | 2.0 | 1.7% |
| Total | 15.0 | 18.7 | 44.5 | 31.6 | 28.2% |
Top Suppliers of Loading Machinery to Kenya in 2022:
- China (2654.0 units)
- South Africa (1499.0 units)
- Canada (710.0 units)
- India (596.0 units)
- Belgium (525.0 units)
- Germany (466.0 units)
- Australia (351.0 units)
- France (309.0 units)
- United Arab Emirates (247.0 units)
- Turkey (231.0 units)
- Saudi Arabia (215.0 units)
- Spain (147.0 units)
- United Kingdom (72.0 units)
Loading Machinery Exports in Kenya
In 2022, shipments abroad of lifting, handling, loading or unloading machinery increased by 57% to 47 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt curtailment. Over the period under review, the exports attained the peak figure at 57 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, loading machinery exports skyrocketed to $111K in 2022. In general, exports, however, showed a sharp reduction. Over the period under review, the exports reached the peak figure at $231K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Loading Machinery in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 9.1 | 1.5 | 36.8 | 66.3 | 93.9% |
| United Kingdom | 3.5 | 8.5 | 9.0 | 13.6 | 57.2% |
| Tanzania | 197 | 124 | N/A | 11.6 | -61.1% |
| India | N/A | N/A | N/A | 5.7 | 0% |
| Burundi | 2.0 | 3.0 | 2.5 | 5.1 | 36.6% |
| Uganda | 2.9 | 10.0 | 5.2 | 5.0 | 19.9% |
| France | N/A | 1.5 | N/A | N/A | 0% |
| Philippines | 3.6 | N/A | N/A | N/A | 0% |
| Denmark | 2.6 | N/A | N/A | N/A | 0% |
| United States | N/A | 11.8 | N/A | N/A | 0% |
| Others | 10.5 | 5.6 | 2.6 | 3.5 | -30.7% |
| Total | 231 | 165 | 56.2 | 111 | -21.7% |
Top Export Markets for Loading Machinery from Kenya in 2022:
- Mozambique (34.0 units)
- Tanzania (5.0 units)
- United Kingdom (3.0 units)
- Uganda (3.0 units)
- India (1.0 units)
- Burundi (1.0 units)
This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
- Prodcom 28221850 - Loading machinery specially designed for agricultural use
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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