Kenya - Non-Electric Industrial or Laboratory Furnaces and Ovens - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Non-Electric Industrial Furnace Market 2024
Non-Electric Industrial Furnace Market Size in Kenya
The Kenyan non-electric industrial furnace market surged to $X in 2023, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded buoyant growth. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.
Non-Electric Industrial Furnace Exports
Exports from Kenya
In 2023, overseas shipments of non-electric industrial or laboratory furnaces and ovens increased by X% to X units, rising for the third year in a row after three years of decline. Over the period under review, exports, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, non-electric industrial furnace exports declined to $X in 2023. Overall, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
Exports by Country
Zambia (X units) was the main destination for non-electric industrial furnace exports from Kenya, accounting for a X% share of total exports. Moreover, non-electric industrial furnace exports to Zambia exceeded the volume sent to the second major destination, Uganda (X units), more than tenfold. Somalia (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Zambia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Somalia (X% per year).
In value terms, Zambia ($X) emerged as the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Kenya, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports. It was followed by Somalia, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Zambia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Somalia (X% per year).
Export Prices by Country
In 2023, the average non-electric industrial furnace export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a slight decline. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Ethiopia ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Industrial Furnace Imports
Imports into Kenya
In 2023, approx. X units of non-electric industrial or laboratory furnaces and ovens were imported into Kenya; picking up by X% against 2022. Overall, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, non-electric industrial furnace imports rose significantly to $X in 2023. Over the period under review, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
Mauritius (X units), China (X units) and India (X units) were the main suppliers of non-electric industrial furnace imports to Kenya, with a combined X% share of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mauritius (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X) constituted the largest supplier of non-electric industrial or laboratory furnaces and ovens to Kenya, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by India, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and India (X% per year).
Import Prices by Country
In 2023, the average non-electric industrial furnace import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2023, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Mauritius ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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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