Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya (CIF) - 2022
The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $12,043 per ton in 2022, with a decrease of -5.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 31%. Over the period under review, average import prices attained the peak figure at $15,429 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($80,988 per ton), while the price for China ($5,509 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $12,158 per ton in 2022, falling by -24.3% against the previous year. In general, the export price saw a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 110% against the previous year. As a result, the export price reached the peak level of $24,914 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($44,375 per ton), while the average price for exports to Nigeria ($7,120 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya
Imports of machines and mechanical appliances; parts, of those having individual functionses into Kenya dropped notably to 339 tons in 2022, waning by -27.9% on 2021. Overall, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 5.4% against the previous year.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses contracted dramatically to $4.1M in 2022. Over the period under review, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,111 | 773 | 820 | 874 | -7.7% |
| India | 1,095 | 1,598 | 1,206 | 731 | -12.6% |
| Italy | 2,462 | 720 | 827 | 658 | -35.6% |
| Germany | 2,672 | 956 | 797 | 646 | -37.7% |
| South Africa | 615 | 95.0 | 172 | 120 | -42.0% |
| Taiwan (Chinese) | 122 | 53.6 | 36.9 | 85.1 | -11.3% |
| United Arab Emirates | 52.0 | 28.6 | 623 | 82.5 | 16.6% |
| Turkey | 43.6 | 69.6 | 58.3 | 78.2 | 21.5% |
| Malaysia | 437 | 197 | 24.6 | 41.4 | -54.4% |
| Others | 2,742 | 793 | 1,423 | 767 | -34.6% |
| Total | 11,351 | 5,284 | 5,988 | 4,083 | -28.9% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Kenya in 2022:
- China (158.6 tons)
- India (115.7 tons)
- United Arab Emirates (10.5 tons)
- Germany (9.2 tons)
- Italy (8.1 tons)
- Turkey (6.4 tons)
- Taiwan (Chinese) (5.1 tons)
- Malaysia (3.8 tons)
- South Africa (2.8 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya
In 2022, shipments abroad of machines and mechanical appliances; parts, of those having individual functionses decreased by -43.6% to 4.5 tons, falling for the second year in a row after two years of growth. Overall, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 0.2%. As a result, the exports reached the peak of 9.4 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses contracted dramatically to $55K in 2022. In general, exports showed a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 30%. As a result, the exports reached the peak of $208K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 18.2 | 10.2 | 6.9 | 22.7 | 7.6% |
| Nigeria | 8.2 | 6.8 | 3.4 | 8.9 | 2.8% |
| Zambia | 0.7 | N/A | 0.5 | 3.2 | 66.0% |
| Angola | N/A | N/A | N/A | 2.2 | 0% |
| Rwanda | 3.9 | 3.2 | 1.2 | 1.3 | -30.7% |
| South Africa | 3.3 | 5.6 | 0.4 | 0.4 | -50.5% |
| Singapore | 1.0 | 24.9 | 0.5 | 0.1 | -53.6% |
| Switzerland | N/A | 51.4 | 3.3 | N/A | -93.6% |
| Uganda | 42.9 | 22.8 | 36.0 | N/A | -8.4% |
| Burundi | 0.7 | 0.2 | 9.2 | N/A | 262.5% |
| United Kingdom | 13.4 | N/A | 1.8 | N/A | -63.3% |
| Oman | 39.0 | N/A | N/A | N/A | 0% |
| United States | 14.9 | N/A | N/A | N/A | 0% |
| Others | 13.4 | 82.9 | 65.6 | 16.3 | 6.7% |
| Total | 160 | 208 | 129 | 55.0 | -29.9% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Kenya in 2022:
- Tanzania (2860.0 kg)
- Nigeria (1250.0 kg)
- Angola (168.0 kg)
- Zambia (72.0 kg)
- Rwanda (29.0 kg)
- South Africa (19.0 kg)
- Singapore (6.0 kg)
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