Price for Turbines; Steam and Other Vapour Turbines in Kenya - 2023

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Kenya (CIF) - 2022
  2. Price for Turbines; Steam and Other Vapour Turbines in Kenya (FOB) - 2022
  3. Imports of Turbines; Steam and Other Vapour Turbines in Kenya
  4. Exports of Turbines; Steam and Other Vapour Turbines in Kenya

Price for Turbines; Steam and Other Vapour Turbines in Kenya (CIF) - 2022

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $85 thousand per unit, increasing by 29% against the previous year. Over the period under review, the import price, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 395% against the previous year. Over the period under review, average import prices reached the peak figure at $823 thousand per unit in 2013; however, from 2014 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 Israel ($648 thousand per unit), while the price for Greece ($129 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in Kenya (FOB) - 2022

In 2022, the average export price for turbines; steam and other vapour turbineses amounted to $1.6 thousand per unit, with a decrease of -88.7% against the previous year. In general, the export price continues to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,729% against the previous year. The export price peaked at $26 thousand per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($2.4 thousand per unit), while the average price for exports to Tanzania ($41 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 Rwanda (-8.0%), while the prices for the other major destinations experienced a decline.

Imports of Turbines; Steam and Other Vapour Turbines in Kenya

In 2022, approx. 21 units of turbines; steam and other vapour turbineses were imported into Kenya; growing by 5% on 2021. In general, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of 50 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of turbines; steam and other vapour turbineses skyrocketed to $1.8M in 2022. Overall, imports, however, recorded a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. As a result, imports reached the peak of $28M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/A0.10.30.6144.9%
Germany0.60.90.40.60.0%
South Korea0.80.50.20.2-37.0%
India0.50.40.10.1-41.5%
Japan14.525.30.20.1-81.0%
NauruN/AN/AN/AN/A0%
ChinaN/AN/AN/AN/A0%
MalaysiaN/AN/AN/AN/A0%
FranceN/AN/AN/AN/A0%
GreeceN/AN/AN/AN/A0%
DenmarkN/AN/AN/AN/A0%
ItalyN/AN/AN/AN/A0%
AustraliaN/AN/AN/AN/A0%
Others0.50.60.20.1-41.5%
Total17.027.81.31.8-52.7%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to Kenya in 2022:

  1. Israel (1.0 units)
  2. Australia (1.0 units)
  3. Italy (1.0 units)
  4. Denmark (1.0 units)
  5. Greece (1.0 units)
  6. India (1.0 units)
  7. France (1.0 units)
  8. Malaysia (1.0 units)
  9. China (1.0 units)
  10. Germany (1.0 units)
  11. Nauru (1.0 units)
  12. Japan (1.0 units)
  13. South Korea (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Kenya

In 2022, approx. 6 units of turbines; steam and other vapour turbineses were exported from Kenya; reducing by -14.3% against the previous year. In general, exports showed a deep downturn. Over the period under review, the exports of reached the maximum at 7 units in 2021, and then fell in the following year.

In value terms, exports of turbines; steam and other vapour turbineses contracted significantly to $9.3K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,729% against the previous year. As a result, the exports attained the peak of $97K, and then contracted sharply in the following year.

Export of Turbines; Steam and Other Vapour Turbines in Kenya (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Kingdom0.45.02.4144.9%
Uganda0.33.42.4182.8%
India3.683.42.3-20.1%
South Africa0.32.61.191.5%
Rwanda0.22.21.1134.5%
TanzaniaN/A0.1N/A0%
Denmark0.4N/AN/A0%
OthersN/AN/AN/A0%
Total5.396.79.332.5%

Top Export Markets for Turbines; Steam and Other Vapour Turbines from Kenya in 2022:

  1. South Africa (1.0 units)
  2. Tanzania (1.0 units)
  3. India (1.0 units)
  4. United Kingdom (1.0 units)
  5. Rwanda (1.0 units)
  6. Uganda (1.0 units)

Source: IndexBox Market Intelligence Platform

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