Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya - 2022

Contents:

  1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya (CIF) - 2022
  2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya (FOB) - 2022
  3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya
  4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya (CIF) - 2022

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $274 per unit in 2022, reducing by -4.9% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 107% against the previous year. Over the period under review, average import prices attained the peak figure at $528 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($300 per unit) and Portugal ($279 per unit), while the price for Bulgaria ($203 per unit) and Sweden ($242 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.4%), while the prices for the other major suppliers experienced a decline.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $682 per unit in 2022, with an increase of 7.2% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2019 an increase of 61%. Over the period under review, the average export prices reached the maximum at $696 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($1,313 per unit), while the average price for exports to South Sudan ($224 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya

Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Kenya contracted dramatically to 11K units in 2022, which is down by -53.5% compared with 2021. Overall, imports showed a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, imports of attained the peak figure at 30K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses fell notably to $2.9M in 2022. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Imports peaked at $6.6M in 2021, and then dropped remarkably in the following year.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5022,8013,1001,555-14.7%
Greece9491,5301,384388-25.8%
Turkey8301,0611,110266-31.6%
Sweden27549.0353260-1.9%
Portugal185N/A88.1120-13.4%
BulgariaN/AN/AN/A1090%
Singapore83.6N/AN/AN/A0%
Others8061,062585228-34.4%
Total5,6316,5036,6202,927-19.6%

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Kenya in 2022:

  1. China (6.0K units)
  2. Greece (1.4K units)
  3. Sweden (1.1K units)
  4. Turkey (0.9K units)
  5. Bulgaria (0.5K units)
  6. Portugal (0.4K units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya

In 2022, overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -0.7% to 148 units, falling for the second year in a row after two years of growth. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 238%. As a result, the exports reached the peak of 250 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $101K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 291%. As a result, the exports reached the peak of $174K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania0.1N/A13.160.3744.8%
Uganda36.223.41.329.1-7.0%
Burundi0.54.622.67.9150.9%
South SudanN/AN/AN/A3.60%
Rwanda0.8N/A49.40.1-50.0%
ZambiaN/A36.9N/AN/A0%
SwitzerlandN/A0.8N/AN/A0%
Mozambique7.0N/AN/AN/A0%
Democratic Republic of the CongoN/A52.0N/AN/A0%
EthiopiaN/AN/A8.4N/A0%
OthersN/A56.2N/AN/A0%
Total44.517494.910131.4%

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Kenya in 2022:

  1. Tanzania (79.0 units)
  2. Uganda (45.0 units)
  3. South Sudan (16.0 units)
  4. Burundi (6.0 units)
  5. Rwanda (1.0 units)

Source: IndexBox Market Intelligence Platform

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