Kenya - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOutboard Boat Motors Price in Kenya - 2021
Contents:
- Outboard Boat Motors Price in Kenya (CIF) - 2022
- Outboard Boat Motors Price in Kenya (FOB) - 2022
- Outboard Boat Motors Imports in Kenya
- Outboard Boat Motors Exports in Kenya
Outboard Boat Motors Price in Kenya (CIF) - 2022
In 2022, the average outboard boat motors import price amounted to $2,779 per unit, rising by 20% against the previous year. Overall, the import price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 89%. The import price peaked at $3,251 per unit in 2012; however, from 2013 to 2022, import prices stood 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 Japan ($5,419 per unit), while the price for China amounted to $1,054 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.4%), while the prices for the other major suppliers experienced a decline.
Outboard Boat Motors Price in Kenya (FOB) - 2022
In 2022, the average outboard boat motors export price amounted to $3,855 per unit, flattening at the previous year. Overall, the export price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 79%. As a result, the export price reached the peak level of $6,934 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($18,332 per unit), while the average price for exports to Tanzania ($3,002 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 South Africa (+116.8%), while the prices for the other major destinations experienced more modest paces of growth.
Outboard Boat Motors Imports in Kenya
In 2022, supplies from abroad of outboard motors for marine propulsion decreased by -23.1% to 1.3K units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2020 when imports increased by 5.8% against the previous year. As a result, imports reached the peak of 2.6K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, outboard boat motors imports contracted to $3.5M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of $3.8M, and then declined in the following year.
Import of Outboard Boat Motors in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2.0 | 2.0 | 2.9 | 2.2 | 3.2% |
China | 0.8 | 0.9 | 0.8 | 0.9 | 4.0% |
Kuwait | N/A | 0.2 | N/A | N/A | 0% |
Others | 0.7 | 0.1 | 0.1 | 0.4 | -17.0% |
Total | 3.5 | 3.2 | 3.8 | 3.5 | 0.0% |
Top Suppliers of Outboard Boat Motors to Kenya in 2022:
- China (809.0 units)
- Japan (412.0 units)
Outboard Boat Motors Exports in Kenya
In 2022, overseas shipments of outboard motors for marine propulsion decreased by -18.1% to 384 units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 64% against the previous year. The exports peaked at 469 units in 2021, and then shrank remarkably in the following year.
In value terms, outboard boat motors exports contracted significantly to $1.5M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, the exports reached the peak of $1.8M, and then fell markedly in the following year.
Export of Outboard Boat Motors in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | N/A | N/A | 50.9 | 946 | 1758.5% |
Mozambique | N/A | N/A | 1,155 | 261 | -77.4% |
Netherlands | N/A | N/A | N/A | 202 | 0% |
Rwanda | 63.9 | 623 | 384 | 72.7 | 4.4% |
Seychelles | N/A | 432 | N/A | N/A | 0% |
Uganda | 705 | 123 | N/A | N/A | -82.6% |
Democratic Republic of the Congo | 187 | N/A | N/A | N/A | 0% |
Oman | N/A | N/A | 195 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 956 | 1,177 | 1,784 | 1,480 | 15.7% |
Top Export Markets for Outboard Boat Motors from Kenya in 2022:
- Tanzania (315.0 units)
- Mozambique (34.0 units)
- Rwanda (24.0 units)
- Netherlands (11.0 units)
This report provides an in-depth analysis of the outboard boat motors 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 28111100 - Marine propulsion spark ignition reciprocating or rotary internal combustion piston engines, outboard motors
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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