Price for Vehicles; Mobile Drilling Derricks in Kenya - 2022
Contents:
- Price for Vehicles; Mobile Drilling Derricks in Kenya (CIF) - 2022
- Price for Vehicles; Mobile Drilling Derricks in Kenya (FOB) - 2022
- Imports of Vehicles; Mobile Drilling Derricks in Kenya
- Exports of Vehicles; Mobile Drilling Derricks in Kenya
Price for Vehicles; Mobile Drilling Derricks in Kenya (CIF) - 2022
In 2022, the average vehicles; mobile drilling derricks import price amounted to $131,409 per unit, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($239,292 per unit), while the price for China ($4,140 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+48.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vehicles; Mobile Drilling Derricks in Kenya (FOB) - 2022
In 2022, the average vehicles; mobile drilling derricks export price amounted to $124,349 per unit, increasing by 135% against the previous year. Over the period under review, the export price enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 191% against the previous year. The export price peaked at $151,954 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +0.9% per year.
Imports of Vehicles; Mobile Drilling Derricks in Kenya
Vehicles; mobile drilling derricks imports into Kenya amounted to 25 units in 2022, remaining relatively unchanged against the year before. In general, imports showed a deep reduction. The smallest decline of -7.4% was in 2021. Imports peaked at 30 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, vehicles; mobile drilling derricks imports stood at $3.3M in 2022. Over the period under review, imports continue to indicate a slight slump. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Vehicles; Mobile Drilling Derricks in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,637 | 2,767 | 2,663 | 2,644 | 0.1% |
| United Kingdom | 196 | 253 | 298 | 326 | 18.5% |
| Germany | 144 | 186 | 219 | 239 | 18.4% |
| Mozambique | 65.1 | 58.4 | 47.8 | 36.1 | -17.8% |
| United States | 29.8 | 22.4 | 10.7 | 19.4 | -13.3% |
| Tanzania | 12.9 | 10.2 | 5.4 | 8.8 | -12.0% |
| Namibia | 6.8 | 7.8 | 8.1 | 7.7 | 4.2% |
| China | 7.2 | 6.5 | 5.4 | 4.1 | -17.1% |
| Zambia | 317 | N/A | N/A | N/A | 0% |
| Others | 53.4 | N/A | N/A | N/A | 0% |
| Total | 3,469 | 3,312 | 3,258 | 3,285 | -1.8% |
Top Suppliers of Vehicles; Mobile Drilling Derricks to Kenya in 2022:
- India (17.0 units)
- United Kingdom (2.0 units)
- United States (1.0 units)
- Tanzania (1.0 units)
- China (1.0 units)
- Namibia (1.0 units)
- Mozambique (1.0 units)
- Germany (1.0 units)
Exports of Vehicles; Mobile Drilling Derricks in Kenya
In 2022, overseas shipments of vehicles; mobile drilling derrickses decreased by -33.3% to 2 units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 100% against the previous year. As a result, the exports attained the peak of 4 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, vehicles; mobile drilling derricks exports surged to $249K in 2022. In general, exports showed a deep reduction. The exports peaked at $339K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Vehicles; Mobile Drilling Derricks in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 304 | 105 | 29.3 | 249 | -6.4% |
| Zambia | N/A | 19.7 | N/A | N/A | 0% |
| South Sudan | N/A | 96.9 | N/A | N/A | 0% |
| Zimbabwe | N/A | N/A | 40.5 | N/A | 0% |
| Malawi | N/A | 117 | N/A | N/A | 0% |
| Botswana | N/A | N/A | 88.9 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 304 | 339 | 159 | 249 | -6.4% |
Top Export Markets for Vehicles; Mobile Drilling Derricks from Kenya in 2022:
- Tanzania (2.0 units)
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