Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya - 2022

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya (CIF) - 2022

The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $1,686 per unit in 2022, with a decrease of -30.3% against the previous year. In general, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 61% against the previous year. The import price peaked at $5,570 per unit in 2019; however, from 2020 to 2022, import prices stood 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 Switzerland ($10,402 per unit), while the price for Uganda ($113 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya (FOB) - 2022

The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $6,832 per unit in 2022, with an increase of 44% against the previous year. In general, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 134% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($27,194 per unit), while the average price for exports to Seychelles ($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 Uganda (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya

In 2022, after three years of growth, there was significant decline in overseas purchases of weighing machines; having a maximum weighing capacity exceeding 5000kgs, when their volume decreased by -21.8% to 1.6K units. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 313% against the previous year. As a result, imports reached the peak of 2.1K units, and then fell notably in the following year.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs declined notably to $2.8M in 2022. In general, imports, however, posted moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of 156% against the previous year. As a result, imports attained the peak of $5.1M, and then contracted dramatically in the following year.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1327032,5281,3636.4%
Switzerland14312635038539.1%
United Arab Emirates76.470.920520639.2%
Czech Republic8837871,066196-39.5%
India14070.62801829.1%
United Kingdom0.119.794.941.9648.3%
Italy76.014.325732.9-24.4%
Canada11.911.132.132.239.3%
Others10517925732345.4%
Total2,5681,9825,0692,7622.5%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Kenya in 2022:

  1. China (651.0 units)
  2. India (568.0 units)
  3. United Arab Emirates (218.0 units)
  4. Switzerland (37.0 units)
  5. Canada (32.0 units)
  6. United Kingdom (25.0 units)
  7. Italy (11.0 units)
  8. Czech Republic (5.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya

In 2022, overseas shipments of weighing machines; having a maximum weighing capacity exceeding 5000kgs were finally on the rise to reach 19 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp reduction. Over the period under review, the exports of hit record highs at 42 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs soared to $130K in 2022. Overall, exports, however, faced a sharp descent. Over the period under review, the exports of attained the peak figure at $281K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania27.326.218.349.622.0%
Malawi45.328.428.837.6-6.0%
Uganda61.036.720.227.2-23.6%
Somalia3.62.73.25.011.6%
South Sudan18.30.83.11.9-53.0%
South Africa0.60.20.11.535.7%
Democratic Republic of the Congo0.843.93.01.523.3%
Ethiopia51.312.14.61.0-73.1%
Rwanda55.41.01.01.0-73.8%
Mozambique0.40.50.50.614.5%
Sudan0.30.10.10.1-30.7%
BotswanaN/AN/AN/AN/A0%
SeychellesN/AN/AN/AN/A0%
Others17.02.92.62.9-44.5%
Total28115585.3130-22.7%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Kenya in 2022:

  1. Tanzania (5.0 units)
  2. Malawi (2.0 units)
  3. Seychelles (1.0 units)
  4. Ethiopia (1.0 units)
  5. South Africa (1.0 units)
  6. Sudan (1.0 units)
  7. Democratic Republic of the Congo (1.0 units)
  8. Rwanda (1.0 units)
  9. Mozambique (1.0 units)
  10. Somalia (1.0 units)
  11. Uganda (1.0 units)
  12. Botswana (1.0 units)
  13. South Sudan (1.0 units)

Source: IndexBox Market Intelligence Platform

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