Report Update: May 1, 2024

Kenya - Petrol And Oil Dispensing Pumps - Market Analysis, Forecast, Size, Trends And Insights

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Oil Dispensing Pump Price in Kenya - 2021

Oil Dispensing Pump Price in Kenya (CIF) - 2022

The average oil dispensing pump import price stood at $1,043 per unit in 2022, increasing by 1.5% against the previous year. Overall, the import price recorded a prominent expansion. The growth pace was the most rapid in 2015 an increase of 92%. The import price peaked at $1,725 per unit in 2016; however, from 2017 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 Brazil ($5,229 per unit), while the price for China ($257 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Oil Dispensing Pump Price in Kenya (FOB) - 2022

In 2022, the average oil dispensing pump export price amounted to $1,287 per unit, dropping by -53.7% against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 95% against the previous year. The export price peaked at $5,022 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 ($4,036 per unit), while the average price for exports to Rwanda ($223 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 Ethiopia (+35.3%), while the prices for the other major destinations experienced mixed trend patterns.

Oil Dispensing Pump Imports in Kenya

In 2022, approx. 7.1K units of petrol and oil dispensing pumps were imported into Kenya; which is down by -36.2% compared with 2021. Over the period under review, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, imports reached the peak of 11K units, and then contracted rapidly in the following year.

In value terms, oil dispensing pump imports declined markedly to $7.4M in 2022. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 167% against the previous year. As a result, imports attained the peak of $11M, and then shrank remarkably in the following year.

Import of Oil Dispensing Pump in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	511	345	2,338	3,467	89.3%
United Kingdom	19.2	251	1,983	1,394	317.2%
China	2,127	1,673	2,722	971	-23.0%
Brazil	2,053	1,397	3,430	669	-31.2%
France	162	130	202	337	27.7%
Portugal	3.3	0.9	1.1	320	359.4%
Italy	59.6	49.4	103	61.8	1.2%
Others	547	445	673	196	-29.0%
Total	5,482	4,291	11,452	7,416	10.6%

Top Suppliers of Oil Dispensing Pump to Kenya in 2022:

China (3775.0 units)
India (1680.0 units)
United Kingdom (646.0 units)
Portugal (295.0 units)
France (251.0 units)
Italy (167.0 units)
Brazil (128.0 units)

Oil Dispensing Pump Exports in Kenya

In 2022, oil dispensing pump exports from Kenya skyrocketed to 109 units, growing by 21% compared with 2021. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 108%. As a result, the exports reached the peak of 123 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, oil dispensing pump exports fell sharply to $140K in 2022. In general, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 84%. As a result, the exports reached the peak of $360K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Oil Dispensing Pump in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tanzania	1.0	51.5	19.9	53.0	275.6%
South Sudan	75.8	106	14.4	43.3	-17.0%
Uganda	19.1	41.9	52.4	24.2	8.2%
Rwanda	2.9	4.4	1.5	12.5	62.7%
Democratic Republic of the Congo	48.4	17.4	123	7.3	-46.8%
Ethiopia	16.3	79.3	20.2	N/A	11.3%
Others	32.1	59.0	18.3	N/A	-24.5%
Total	196	360	250	140	-10.6%

Top Export Markets for Oil Dispensing Pump from Kenya in 2022:

Rwanda (56.0 units)
South Sudan (30.0 units)
Tanzania (15.0 units)
Uganda (6.0 units)
Democratic Republic of the Congo (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oil dispensing pump 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 28131105 - Petrol and oil dispensing pumps, unit

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023