Kenya - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Seat Price in Kenya - 2021
Contents:
- Vehicle Seat Price in Kenya (CIF) - 2022
- Vehicle Seat Price in Kenya (FOB) - 2022
- Vehicle Seat Imports in Kenya
- Vehicle Seat Exports in Kenya
Vehicle Seat Price in Kenya (CIF) - 2022
The average vehicle seat import price stood at $79 per unit in 2022, reducing by -12.6% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 53%. Over the period under review, average import prices hit record highs at $90 per unit in 2021, and then dropped in the following year.
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 Thailand ($167 per unit), while the price for Turkey ($38 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Vehicle Seat Price in Kenya (FOB) - 2022
The average vehicle seat export price stood at $517 per unit in 2022, shrinking by -11.8% against the previous year. Overall, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 90%. The export price peaked at $586 per unit in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($552 per unit), while the average price for exports to Burundi ($160 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 Democratic Republic of the Congo (+10.9%).
Vehicle Seat Imports in Kenya
In 2022, vehicle seat imports into Kenya soared to 15K units, jumping by 29% against 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 49%. As a result, imports reached the peak of 17K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, vehicle seat imports rose markedly to $1.2M in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 125%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Vehicle Seat in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 198 | 205 | 292 | 379 | 24.2% |
China | 154 | 127 | 219 | 356 | 32.2% |
Thailand | 11.2 | 89.7 | 120 | 155 | 140.1% |
Egypt | 66.9 | 100 | 80.2 | 117 | 20.5% |
South Korea | 29.4 | 39.5 | 21.4 | 33.3 | 4.2% |
Germany | 1.5 | 1.0 | 1.4 | 30.0 | 171.4% |
Turkey | 16.7 | 3.9 | 3.2 | 10.0 | -15.7% |
South Africa | 13.2 | 567 | 204 | 6.5 | -21.0% |
India | 40.3 | 124 | 45.1 | 2.5 | -60.4% |
Others | 58.3 | 69.4 | 69.4 | 101 | 20.1% |
Total | 590 | 1,327 | 1,055 | 1,191 | 26.4% |
Top Suppliers of Vehicle Seat to Kenya in 2022:
- South Africa (undefinedK units)
- China (8.2K units)
- Japan (2.5K units)
- Egypt (1.5K units)
- Thailand (0.9K units)
- Germany (0.4K units)
- Turkey (0.3K units)
- South Korea (0.3K units)
- India (0.1K units)
Vehicle Seat Exports in Kenya
In 2022, shipments abroad of seats for motor vehicles was finally on the rise to reach 130 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a significant contraction. The exports peaked at 1.5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, vehicle seat exports skyrocketed to $67K in 2022. Overall, exports, however, showed a precipitous slump. Over the period under review, the exports attained the peak figure at $389K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Vehicle Seat in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 377 | 91.3 | 29.6 | 65.1 | -44.3% |
Democratic Republic of the Congo | 10.9 | 4.6 | 0.8 | 1.4 | -49.5% |
Burundi | N/A | N/A | N/A | 0.3 | 0% |
Others | 1.5 | 1.0 | 7.1 | 0.4 | -35.6% |
Total | 389 | 96.9 | 37.5 | 67.2 | -44.3% |
Top Export Markets for Vehicle Seat from Kenya in 2022:
- Tanzania (118.0 units)
- Democratic Republic of the Congo (3.0 units)
- Burundi (2.0 units)
This report provides an in-depth analysis of the vehicle seat market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29321000 - Seats for motor vehicles
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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