Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Kenya - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Kenya (FOB) - 2022
  2. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Kenya

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Kenya (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $174 per unit, with a decrease of -95.5% against the previous year. Overall, the export price continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 22,006% against the previous year. Over the period under review, the average export prices hit record highs at $27,771 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($346 per unit), while the average price for exports to Tanzania stood at $1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-30.6%).

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Kenya

In 2022, the amount of electric motors and generators exported from Kenya declined markedly to 2 units, shrinking by -96.6% against the year before. Overall, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 2,800%. As a result, the exports reached the peak of 58 units, and then contracted rapidly in the following year.

In value terms, exports of electric motors and generators shrank markedly to $347 in 2022. In general, exports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 45,234%. As a result, the exports reached the peak of $223K, and then fell notably in the following year.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda60.80.562.90.3-83.0%
Tanzania0.4N/A0.3N/A-13.4%
Others127N/A160N/A12.2%
Total1880.52230.3-88.3%

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Kenya in 2022:

  1. Tanzania (1.0 units)
  2. Uganda (1.0 units)

Source: IndexBox Market Intelligence Platform

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