Price for Agriculture or Forestry Hand Tools in Kenya - 2021
Contents:
- Price for Agriculture or Forestry Hand Tools in Kenya (CIF) - 2022
- Price for Agriculture or Forestry Hand Tools in Kenya (FOB) - 2022
- Imports of Agriculture or Forestry Hand Tools in Kenya
- Exports of Agriculture or Forestry Hand Tools in Kenya
Price for Agriculture or Forestry Hand Tools in Kenya (CIF) - 2022
The average import price for agriculture or forestry hand toolses stood at $1,615 per ton in 2022, waning by -13.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 29%. As a result, import price reached the peak level of $1,869 per ton, and then declined 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 Uganda ($2,441 per ton), while the price for China stood at $1,416 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%).
Price for Agriculture or Forestry Hand Tools in Kenya (FOB) - 2022
The average export price for agriculture or forestry hand toolses stood at $1,274 per ton in 2022, waning by -5.8% against the previous year. Overall, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 72%. Over the period under review, the average export prices reached the maximum at $2,205 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malawi ($2,724 per ton), while the average price for exports to Tanzania ($519 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-0.4%), while the prices for the other major destinations experienced a decline.
Imports of Agriculture or Forestry Hand Tools in Kenya
Agriculture or forestry hand tools imports into Kenya surged to 18K tons in 2022, rising by 28% on the previous year. Over the period under review, imports, however, recorded a mild setback.
In value terms, agriculture or forestry hand tools imports expanded markedly to $29M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. As a result, imports attained the peak of $32M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Agriculture or Forestry Hand Tools in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.5 | 27.7 | 20.6 | 24.2 | 4.0% |
| Uganda | 0.3 | 0.3 | 1.0 | 1.1 | 54.2% |
| Others | 3.5 | 4.0 | 4.6 | 3.9 | 3.7% |
| Total | 25.2 | 32.0 | 26.2 | 29.1 | 4.9% |
Top Suppliers of Agriculture or Forestry Hand Tools to Kenya in 2022:
- China (17.1K tons)
- Uganda (0.4K tons)
Exports of Agriculture or Forestry Hand Tools in Kenya
In 2022, shipments abroad of agriculture or forestry hand toolses was finally on the rise to reach 347 tons after two years of decline. Overall, exports, however, recorded a dramatic contraction.
In value terms, agriculture or forestry hand tools exports skyrocketed to $442K in 2022. Over the period under review, exports, however, showed a dramatic slump.
| Export of Agriculture or Forestry Hand Tools in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 498 | 219 | 59.3 | 146 | -33.6% |
| Malawi | 133 | 229 | 27.4 | 137 | 1.0% |
| South Sudan | 281 | 92.7 | 45.1 | 79.5 | -34.4% |
| Sudan | 53.0 | 44.2 | 30.3 | 24.5 | -22.7% |
| Tanzania | 25.0 | 34.0 | 1.0 | 11.4 | -23.0% |
| Somalia | 25.2 | 7.7 | 3.7 | 6.9 | -35.1% |
| Others | 52.6 | 58.8 | 30.8 | 35.4 | -12.4% |
| Total | 1,068 | 686 | 198 | 442 | -25.5% |
Top Export Markets for Agriculture or Forestry Hand Tools from Kenya in 2022:
- Democratic Republic of the Congo (200.7 tons)
- Malawi (50.5 tons)
- South Sudan (42.0 tons)
- Tanzania (22.0 tons)
- Somalia (12.2 tons)
- Sudan (10.0 tons)
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