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Kenya - Parts of Harvester and Threshers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Market for Parts Of Harvester And Threshers 2024
Market Size for Parts Of Harvester And Threshers in Kenya
For the third year in a row, the Kenyan market for parts of harvester and threshers recorded growth in sales value, which increased by 47% to $X in 2021. Overall, consumption posted a pronounced expansion. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the immediate term.
Exports of Parts Of Harvester And Threshers
Exports from Kenya
In 2021, the amount of parts of harvester and threshers exported from Kenya skyrocketed to X units, with an increase of 290% compared with the year before. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 1,083% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.
In value terms, parts of harvester and threshers exports skyrocketed to $X in 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 1,123% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.
Exports by Country
Germany (X units) was the main destination for parts of harvester and threshers exports from Kenya, with a 91% share of total exports. Moreover, parts of harvester and threshers exports to Germany exceeded the volume sent to the second major destination, Zambia (X units), more than tenfold. Tanzania (X units) ranked third in terms of total exports with a 1.5% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +295.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (0.0% per year) and Tanzania (-0.5% per year).
In value terms, Germany ($X) emerged as the key foreign market for parts of harvester and threshers exports from Kenya, comprising 83% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 4.7% share of total exports. It was followed by Zambia, with a 0.6% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +117.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+3.1% per year) and Zambia (0.0% per year).
Export Prices by Country
In 2021, the average export price for parts of harvester and threshers amounted to $X per unit, reducing by -15.4% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2018 when the average export price increased by 127%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Zambia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Parts Of Harvester And Threshers
Imports into Kenya
For the third year in a row, Kenya recorded growth in purchases abroad of parts of harvester and threshers, which increased by 38% to X units in 2021. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 127%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.
In value terms, parts of harvester and threshers imports surged to $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 122%. Imports peaked in 2021 and are expected to retain growth in years to come.
Imports by Country
China (X units), Japan (X units) and India (X units) were the main suppliers of parts of harvester and threshers imports to Kenya, with a combined 37% share of total imports.
From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +25.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Japan ($X) constituted the largest supplier of parts of harvester and threshers to Kenya, comprising 47% of total imports. The second position in the ranking was taken by China ($X), with an 8.2% share of total imports. It was followed by the United States, with a 7.2% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Japan stood at +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.9% per year) and the United States (-11.9% per year).
Import Prices by Country
In 2021, the average import price for parts of harvester and threshers amounted to $X per unit, growing by 15% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 29% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Burundi ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for parts of harvester and threshers 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 28309100 - Parts of machinery and apparatus of HS
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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