Price for Book-Binding Machinery; Including Book-Sewing Machines in Kenya - 2021

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Kenya (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Kenya (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Kenya
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Kenya

Price for Book-Binding Machinery; Including Book-Sewing Machines in Kenya (CIF) - 2022

In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $421 per unit, increasing by 29% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs at $483 per unit in 2020; however, from 2021 to 2022, import prices remained at a 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 France ($775 per unit), while the price for China ($75 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Kenya (FOB) - 2022

In 2022, the average export price for book-binding machinery; including book-sewing machineses amounted to $468 per unit, growing by 19% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, book-binding machinery; including book-sewing machines export price increased by +39.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 79% against the previous year. As a result, the export price attained the peak level of $477 per unit. From 2015 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 Rwanda ($700 per unit), while the average price for exports to Germany ($108 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 the United Arab Emirates (+290.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Kenya

In 2022, overseas purchases of book-binding machinery; including book-sewing machineses were finally on the rise to reach 3.5K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a dramatic decline. Imports peaked at 7.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, book-binding machinery; including book-sewing machines imports surged to $1.5M in 2022. Overall, imports, however, recorded a precipitous descent. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Book-Binding Machinery; Including Book-Sewing Machines in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,057170102454-24.5%
France15421017126419.7%
Germany380373149134-29.4%
Australia27.947.269.891.748.7%
Japan22219186.460.7-35.1%
United States4.22.4N/A48.4125.9%
China12387.594.726.6-40.0%
Poland44.138.718.324.0-18.4%
Netherlands35.33.510.022.9-13.4%
Italy63016062.920.4-68.1%
Belgium47.754.925.818.1-27.6%
United Kingdom12128.72.33.3-69.9%
Others629696104312-20.8%
Total3,4752,0628961,479-24.8%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Kenya in 2022:

  1. India (923.0 units)
  2. China (355.0 units)
  3. France (341.0 units)
  4. Germany (270.0 units)
  5. Australia (237.0 units)
  6. Japan (182.0 units)
  7. Netherlands (132.0 units)
  8. United States (100.0 units)
  9. Poland (89.0 units)
  10. Belgium (50.0 units)
  11. Italy (40.0 units)
  12. United Kingdom (18.0 units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Kenya

In 2022, after three years of growth, there was significant decline in shipments abroad of book-binding machinery; including book-sewing machineses, when their volume decreased by -40.3% to 276 units. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 103%. As a result, the exports reached the peak of 462 units, and then contracted remarkably in the following year.

In value terms, book-binding machinery; including book-sewing machines exports dropped significantly to $129K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 138% against the previous year. As a result, the exports attained the peak of $182K, and then reduced sharply in the following year.

Export of Book-Binding Machinery; Including Book-Sewing Machines in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda17.421.412964.254.5%
Germany13.321.236.518.010.6%
BurundiN/AN/A1.31.30.0%
Democratic Republic of the CongoN/A4.0N/AN/A0%
Others24.029.814.745.723.9%
Total54.876.418212933.0%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Kenya in 2022:

  1. Germany (167.0 units)
  2. Rwanda (92.0 units)
  3. Burundi (7.0 units)

Source: IndexBox Market Intelligence Platform

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