Price for Tugs and Pusher Craft in Kenya - 2021

Contents:

1. Price for Tugs and Pusher Craft in Kenya (CIF) - 2022
2. Imports of Tugs and Pusher Craft in Kenya

Price for Tugs and Pusher Craft in Kenya (CIF) - 2022

The average tugs and pusher craft import price stood at $5,172,518 per unit in 2022, increasing by 4,429% against the previous year. Over the period under review, the import price posted a significant expansion. The pace of growth was the most pronounced in 2016 an increase of 204,423,920% against the previous year. As a result, import price reached the peak level of $6,033,620 per unit. From 2017 to 2022, the average 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 Turkey ($9,811,287 per unit), while the price for the Netherlands ($100,688 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.1%).

Imports of Tugs and Pusher Craft in Kenya

After three years of growth, supplies from abroad of tugs and pusher crafts decreased by -97.9% to 4 units in 2022. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 950% against the previous year. As a result, imports attained the peak of 189 units, and then shrank remarkably in the following year.

In value terms, tugs and pusher craft imports shrank to $20M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of $22M, and then fell in the following year.

Top Suppliers of Tugs and Pusher Craft to Kenya in 2022:

1. Turkey (2.0 units)
2. Netherlands (1.0 units)
3. China (1.0 units)

Source: IndexBox Market Intelligence Platform