Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kenya - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kenya (CIF) - 2022
  2. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kenya

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kenya (CIF) - 2022

The average import price for electric motors and generators stood at $86 per unit in 2022, growing by 23% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 111% against the previous year. Over the period under review, average import prices reached the peak figure at $136 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($303 per unit), while the price for the Philippines ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-1.5%), while the prices for the other major suppliers experienced a decline.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kenya

In 2022, after three years of growth, there was significant decline in overseas purchases of electric motors and generators, when their volume decreased by -77.8% to 31K units. Over the period under review, imports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 275% against the previous year. Imports peaked at 138K units in 2021, and then reduced sharply in the following year.

In value terms, imports of electric motors and generators contracted significantly to $2.6M in 2022. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 180% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2439324,3641,081-4.5%
China6037461,464600-0.2%
United Kingdom3.998.088.5526412.8%
Uganda3216,047221159-20.9%
Italy61.285.820586.712.3%
Germany21718942541.9-42.2%
France1.844.11,18620.9126.4%
Philippines11.56280.714.99.0%
India27594458213.9-63.0%
Others1,0147931,06483.1-56.6%
Total3,75210,5079,6002,628-11.2%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Kenya in 2022:

  1. China (14.1K units)
  2. Uganda (4.8K units)
  3. United States (3.6K units)
  4. United Kingdom (2.3K units)
  5. Italy (1.6K units)
  6. Germany (1.4K units)
  7. Philippines (0.6K units)
  8. India (0.6K units)
  9. France (0.2K units)

Source: IndexBox Market Intelligence Platform

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