Kenya - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lift, Elevator, Stairway and Dragline in Kenya - 2021
Contents:
- Price for Lift, Elevator, Stairway and Dragline in Kenya (CIF) - 2022
- Price for Lift, Elevator, Stairway and Dragline in Kenya (FOB) - 2022
- Imports of Lift, Elevator, Stairway and Dragline in Kenya
- Exports of Lift, Elevator, Stairway and Dragline in Kenya
Price for Lift, Elevator, Stairway and Dragline in Kenya (CIF) - 2022
In 2022, the average import price for lifts, elevators, moving stairways and draglines amounted to $10,304 per unit, rising by 20% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 49% against the previous year. Over the period under review, average import prices reached the peak figure at $17,833 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($20,372 per unit), while the price for India stood at $2,945 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%).
Price for Lift, Elevator, Stairway and Dragline in Kenya (FOB) - 2022
In 2022, the average export price for lifts, elevators, moving stairways and draglines amounted to $7,094 per unit, picking up by 10% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 152%. Over the period under review, the average export prices reached the peak figure at $23,171 per unit in 2012; however, from 2013 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 Rwanda ($11,879 per unit), while the average price for exports to Zimbabwe ($1,756 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 Zimbabwe (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Lift, Elevator, Stairway and Dragline in Kenya
After three years of growth, purchases abroad of lifts, elevators, moving stairways and draglines decreased by -9% to 1.9K units in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% 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 +50.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, imports reached the peak of 2K units, and then contracted in the following year.
In value terms, lift, elevator, stairway and dragline imports expanded markedly to $19M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Lift, Elevator, Stairway and Dragline in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.7 | 12.6 | 11.6 | 14.1 | 6.4% |
India | 2.0 | 2.7 | 2.3 | 3.3 | 18.2% |
Others | 5.1 | 3.8 | 3.6 | 1.7 | -30.7% |
Total | 18.8 | 19.0 | 17.4 | 19.1 | 0.5% |
Top Suppliers of Lift, Elevator, Stairway and Dragline to Kenya in 2022:
- India (1116.0 units)
- China (692.0 units)
Exports of Lift, Elevator, Stairway and Dragline in Kenya
In 2022, approx. 3 units of lifts, elevators, moving stairways and draglines were exported from Kenya; shrinking by -40% against 2021 figures. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Over the period under review, the exports reached the maximum at 9 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, lift, elevator, stairway and dragline exports fell notably to $21K in 2022. In general, exports continue to indicate a sharp decline. The smallest decline of -16.1% was in 2020. Over the period under review, the exports hit record highs at $47K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Lift, Elevator, Stairway and Dragline in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 1.5 | N/A | 2.4 | 11.9 | 99.4% |
Tanzania | 5.6 | 22.1 | 8.4 | 7.6 | 10.7% |
Zimbabwe | N/A | N/A | N/A | 1.8 | 0% |
Malawi | N/A | N/A | 1.8 | N/A | 0% |
Germany | 4.2 | N/A | N/A | N/A | 0% |
Uganda | 0.8 | 17.6 | N/A | N/A | 2100.0% |
Mozambique | 15.8 | N/A | 10.4 | N/A | -18.9% |
India | 0.1 | N/A | N/A | N/A | 0% |
South Africa | N/A | N/A | 9.3 | N/A | 0% |
Seychelles | 0.8 | N/A | N/A | N/A | 0% |
Turkey | 14.3 | N/A | N/A | N/A | 0% |
Others | 4.2 | N/A | N/A | N/A | 0% |
Total | 47.3 | 39.7 | 32.2 | 21.3 | -23.4% |
Top Export Markets for Lift, Elevator, Stairway and Dragline from Kenya in 2022:
- Tanzania (1.0 units)
- Rwanda (1.0 units)
- Zimbabwe (1.0 units)
This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
- Prodcom 28221670 - Escalators and moving walkways
- Prodcom 28221740 - Pneumatic elevators and conveyors
- Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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