Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Kenya - 2022

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Kenya (FOB) - 2022
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Kenya (CIF) - 2022
3. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Kenya
4. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Kenya

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Kenya (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $6,305 per unit in 2022, waning by -31.9% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 3,369% against the previous year. Over the period under review, the average export prices reached the maximum at $27,923 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($7,422 per unit), while the average price for exports to South Africa amounted to $6,187 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+9.6%), while the prices for the other major destinations experienced a decline.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Kenya (CIF) - 2022

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $1,491 per unit in 2022, which is down by -69.3% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 244% against the previous year. Over the period under review, average import prices hit record highs at $17,831 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,894 per unit), while the price for Denmark ($122 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+38.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Kenya

For the fourth year in a row, Kenya recorded growth in shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, which increased by 163% to 21 units in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion surged to $132K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 631%. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Kenya in 2022:

1. South Africa (19.0 units)
2. Democratic Republic of the Congo (2.0 units)

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Kenya

In 2022, after three years of growth, there was significant decline in purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, when their volume decreased by -10.5% to 77 units. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 153%. Imports peaked at 86 units in 2021, and then dropped in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced sharply to $115K in 2022. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 359%. Imports peaked at $418K in 2021, and then shrank rapidly in the following year.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Kenya in 2022:

1. China (51.0 units)
2. India (18.0 units)
3. United Kingdom (4.0 units)
4. Denmark (2.0 units)
5. South Africa (2.0 units)

Source: IndexBox Market Intelligence Platform