Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $60 per unit in 2022, declining by -29.8% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $271 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 Israel ($257 per unit), while the price for India ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $44 per unit in 2022, shrinking by -48.8% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 281%. The export price peaked at $254 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 ($154 per unit), while the average price for exports to Rwanda ($4 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 Somalia (+2,492.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya
In 2022, approx. 2.7K units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were imported into Kenya; rising by 44% against 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) totaled $164K in 2022. Overall, imports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. Imports peaked at $231K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 64.0 | 33.4 | 70.3 | 57.9 | -3.3% |
India | 7.1 | 23.7 | 14.1 | 25.1 | 52.3% |
Taiwan (Chinese) | 14.0 | 12.3 | 10.0 | 16.0 | 4.6% |
Singapore | 13.4 | 4.3 | 6.9 | 9.2 | -11.8% |
Hungary | 2.5 | 3.8 | 4.8 | 9.2 | 54.4% |
United Kingdom | 8.7 | 8.5 | 8.7 | 6.1 | -11.2% |
United Arab Emirates | N/A | 0.1 | 0.4 | 4.1 | 540.3% |
France | 1.4 | 2.6 | 3.0 | 4.1 | 43.1% |
Sweden | 65.1 | 3.9 | 2.4 | 1.2 | -73.6% |
Others | 54.9 | 45.3 | 41.1 | 30.8 | -17.5% |
Total | 231 | 138 | 162 | 164 | -10.8% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Kenya in 2022:
- China (1214.0 units)
- India (699.0 units)
- Hungary (180.0 units)
- Taiwan (Chinese) (117.0 units)
- United Arab Emirates (84.0 units)
- Singapore (82.0 units)
- United Kingdom (81.0 units)
- France (62.0 units)
- Sweden (8.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya
In 2022, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Kenya shrank rapidly to 6 units, with a decrease of -90.8% compared with 2021. Over the period under review, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 983%. As a result, the exports reached the peak of 65 units, and then shrank significantly in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) fell significantly to $263 in 2022. In general, exports showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 4,026%. The exports peaked at $8.9K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 2,367 | 101 | 3,096 | 154 | -59.8% |
Uganda | 8.0 | 1.0 | 2,046 | 85.0 | 119.8% |
Democratic Republic of the Congo | 915 | 7.0 | 13.0 | 14.0 | -75.2% |
Tanzania | 161 | 6.0 | 148 | 6.0 | -66.6% |
Rwanda | 237 | 7.0 | 149 | 4.0 | -74.3% |
Others | 5,219 | 13.0 | 118 | N/A | -85.0% |
Total | 8,907 | 135 | 5,570 | 263 | -69.1% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Kenya in 2022:
- Uganda (2.0 units)
- Democratic Republic of the Congo (1.0 units)
- Tanzania (1.0 units)
- Rwanda (1.0 units)
- Zambia (1.0 units)
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