Price for Electric Motors; AC Motors, Single-Phase in Kenya - 2021
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Kenya (CIF) - 2022
- Price for Electric Motors; AC Motors, Single-Phase in Kenya (FOB) - 2022
- Imports of Electric Motors; AC Motors, Single-Phase in Kenya
- Exports of Electric Motors; AC Motors, Single-Phase in Kenya
Price for Electric Motors; AC Motors, Single-Phase in Kenya (CIF) - 2022
The average import price for electric motors; AC motors, single-phases stood at $49 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 an increase of 61%. Over the period under review, average import prices reached the peak figure at $85 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.5% per year.
Price for Electric Motors; AC Motors, Single-Phase in Kenya (FOB) - 2022
The average export price for electric motors; AC motors, single-phases stood at $73 per unit in 2022, increasing by 1.6% against the previous year. Overall, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2013 an increase of 475%. Over the period under review, the average export prices hit record highs at $237 per unit in 2014; however, from 2015 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 Slovakia ($255 per unit), while the average price for exports to Rwanda amounted to $37 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+34.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Motors; AC Motors, Single-Phase in Kenya
After three years of growth, supplies from abroad of electric motors; AC motors, single-phases decreased by -3.9% to 75K units in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 61%. Over the period under review, imports hit record highs at 79K units in 2021, and then shrank modestly in the following year.
In value terms, electric motors; AC motors, single-phase imports dropped to $3.7M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. Over the period under review, imports hit record highs at $3.8M in 2021, and then dropped in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,228 | 2,494 | 2,590 | 3,311 | 14.1% |
| Italy | 294 | 386 | 309 | 88.3 | -33.0% |
| United States | 85.4 | 43.9 | 279 | 12.2 | -47.7% |
| Taiwan (Chinese) | 109 | 107 | 150 | N/A | 17.3% |
| Others | 444 | 494 | 517 | 274 | -14.9% |
| Total | 3,161 | 3,525 | 3,845 | 3,685 | 5.2% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Kenya in 2022:
- China (73.9K units)
- Italy (0.5K units)
- United States (0.1K units)
Exports of Electric Motors; AC Motors, Single-Phase in Kenya
In 2022, exports of electric motors; AC motors, single-phases from Kenya skyrocketed to 1.3K units, with an increase of 658% on the previous year's figure. Over the period under review, exports, however, recorded a perceptible downturn. Over the period under review, the exports reached the maximum at 2K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, electric motors; AC motors, single-phase exports surged to $98K in 2022. In general, exports continue to indicate perceptible growth. The exports peaked at $183K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Electric Motors; AC Motors, Single-Phase in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | N/A | 51.3 | 0% |
| Rwanda | N/A | N/A | N/A | 38.7 | 0% |
| Democratic Republic of the Congo | 68.0 | 62.7 | N/A | N/A | -7.8% |
| Zambia | 15.3 | N/A | N/A | N/A | 0% |
| Ethiopia | N/A | 27.5 | N/A | N/A | 0% |
| Others | 7.8 | 92.5 | 12.7 | 7.7 | -0.4% |
| Total | 91.2 | 183 | 12.7 | 97.7 | 2.3% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Kenya in 2022:
- Rwanda (1042.0 units)
- Slovakia (201.0 units)
345
This report provides an in-depth analysis of the ac/dc motor market in Kenya.
304
This report provides an in-depth analysis of the dc motor market in Kenya.
1553
This report provides an in-depth analysis of the global ac/dc motor market.
1168
This report provides an in-depth analysis of the global dc motor market.
345
This report provides an in-depth analysis of the ac/dc motor market in Kenya.
304
This report provides an in-depth analysis of the dc motor market in Kenya.
1553
This report provides an in-depth analysis of the global ac/dc motor market.
1168
This report provides an in-depth analysis of the global dc motor market.
52
Explore the top import markets for AC/DC motors in 2023, including the United States, Germany, China, Italy, and more. Learn about the key statistics and import values of these countries.
1351
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
286
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
903
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1228
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
52
Explore the top import markets for AC/DC motors in 2023, including the United States, Germany, China, Italy, and more. Learn about the key statistics and import values of these countries.
1351
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
286
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
903
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1228
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
