Price for Reciprocating or Rotary Internal Combustion Piston Engines in Kenya - 2022

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Kenya (FOB) - 2022
  2. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Kenya

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Kenya (FOB) - 2022

The average export price for reciprocating or rotary internal combustion piston engineses stood at $2,843 per unit in 2022, falling by -41.1% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 99%. Over the period under review, the average export prices reached the peak figure at $12,921 per unit in 2013; however, from 2014 to 2022, the export prices remained at a 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 South Africa ($17,988 per unit), while the average price for exports to the UK ($379 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 Mozambique (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Kenya

In 2022, the amount of reciprocating or rotary internal combustion piston engineses exported from Kenya reduced remarkably to 81 units, declining by -87.6% against the previous year. In general, exports showed a precipitous descent. The smallest decline of -10.2% was in 2021. Over the period under review, the exports of hit record highs at 971 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of reciprocating or rotary internal combustion piston engineses declined rapidly to $304K in 2022. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of $2.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan693802541111-45.7%
Uganda97.720919645.6-22.4%
Somalia84.668.815836.5-24.4%
Tanzania1,1411,08252813.1-77.4%
France96.953.623.011.4-51.0%
Mozambique34.735.836.49.1-36.0%
Malawi30.332.834.28.9-33.5%
United Kingdom2.72484570.4-47.1%
Others31732861868.0-40.1%
Total2,4982,8592,591304-50.4%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Kenya in 2022:

  1. South Sudan (20.0 units)
  2. Somalia (12.0 units)
  3. Uganda (11.0 units)
  4. Tanzania (7.0 units)
  5. France (4.0 units)
  6. Malawi (3.0 units)
  7. Mozambique (2.0 units)
  8. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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