Cranes; Tower Cranes Price in Kenya - 2021
Contents:
- Cranes; Tower Cranes Price in Kenya (CIF) - 2022
- Cranes; Tower Cranes Price in Kenya (FOB) - 2022
- Cranes; Tower Cranes Imports in Kenya
- Cranes; Tower Cranes Exports in Kenya
Cranes; Tower Cranes Price in Kenya (CIF) - 2022
In 2022, the average cranes; tower cranes import price amounted to $46,647 per unit, declining by -10.7% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2016 an increase of 231% against the previous year. As a result, import price reached the peak level of $90,750 per unit. From 2017 to 2022, the average import prices remained 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 China ($53,071 per unit), while the price for Uganda ($1,398 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), while the prices for the other major suppliers experienced a decline.
Cranes; Tower Cranes Price in Kenya (FOB) - 2022
The average cranes; tower cranes export price stood at $25,379 per unit in 2022, which is down by -3% against the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2019 an increase of 85% against the previous year. As a result, the export price reached the peak level of $81,551 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($62,200 per unit), while the average price for exports to Rwanda ($843 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 (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.
Cranes; Tower Cranes Imports in Kenya
In 2022, cranes; tower cranes imports into Kenya reduced notably to 15 units, falling by -31.8% against the previous year. Overall, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 340% against the previous year. Imports peaked at 30 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, cranes; tower cranes imports declined rapidly to $686K in 2022. In general, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 365%. Over the period under review, imports attained the maximum at $2.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Cranes; Tower Cranes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 817 | 60.7 | 69.2 | 158 | -42.2% |
| France | 187 | 26.2 | 152 | 66.0 | -29.3% |
| Spain | 170 | 14.9 | 33.8 | 37.8 | -39.4% |
| India | 138 | 18.6 | 5.1 | 32.9 | -38.0% |
| Italy | 76.7 | 11.3 | 71.6 | 31.4 | -25.7% |
| Netherlands | 31.4 | 4.9 | 32.0 | 15.5 | -21.0% |
| Portugal | 30.0 | 4.8 | 31.2 | 15.4 | -19.9% |
| Uganda | 16.2 | 2.0 | 10.5 | 4.1 | -36.7% |
| Malaysia | 77.8 | N/A | N/A | N/A | 0% |
| Others | 854 | 99.3 | 723 | 324 | -27.6% |
| Total | 2,398 | 243 | 1,129 | 686 | -34.1% |
Top Suppliers of Cranes; Tower Cranes to Kenya in 2022:
- Portugal (3.0 units)
- China (3.0 units)
- Uganda (3.0 units)
- Netherlands (2.0 units)
- Italy (2.0 units)
- India (1.0 units)
Cranes; Tower Cranes Exports in Kenya
In 2022, after three years of growth, there was significant decline in overseas shipments of cranes; tower craneses, when their volume decreased by -25% to 3 units. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 300% against the previous year. As a result, the exports reached the peak of 4 units, and then reduced rapidly in the following year.
In value terms, cranes; tower cranes exports contracted sharply to $74K in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 87%. The exports peaked at $120K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Cranes; Tower Cranes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 6.7 | 43.3 | 58.2 | 56.1 | 103.1% |
| Uganda | 3.1 | 8.2 | 16.6 | 17.0 | 76.3% |
| Rwanda | 0.1 | 0.1 | 1.1 | 1.1 | 122.4% |
| Ethiopia | N/A | N/A | 20.8 | N/A | 0% |
| Indonesia | 0.4 | N/A | N/A | N/A | 0% |
| Others | 110 | N/A | N/A | N/A | 0% |
| Total | 120 | 51.6 | 96.7 | 74.2 | -14.8% |
Top Export Markets for Cranes; Tower Cranes from Kenya in 2022:
- Tanzania (1.0 units)
- Rwanda (1.0 units)
- Uganda (1.0 units)
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