Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya - 2022
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya (CIF) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya (FOB) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya (CIF) - 2022
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $14,175 per unit in 2022, stabilizing at the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 78% against the previous year. As a result, import price attained the peak level of $25,896 per unit. From 2014 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 ($16,702 per unit), while the price for South Africa ($2,650 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+211.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $6,711 per unit in 2022, increasing by 1,616% against the previous year. Overall, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2013 to 2022, the rate of growth in terms of prices for Uganda amounted to -18.3% per year.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into Kenya fell notably to 47 units, shrinking by -65.9% against the previous year's figure. In general, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Imports peaked at 175 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses declined remarkably to $666K in 2022. Over the period under review, imports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. Imports peaked at $2.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 422 | 1,303 | 1,867 | 647 | 15.3% |
| China | 0.3 | 72.8 | 45.0 | 16.7 | 281.8% |
| South Africa | 1.1 | 1.4 | 1.8 | 2.6 | 33.2% |
| Germany | 5.8 | 5.9 | 6.0 | N/A | 1.7% |
| United Arab Emirates | 65.2 | 51.3 | 30.6 | N/A | -31.5% |
| Turkey | 1,606 | N/A | N/A | N/A | 0% |
| Others | 84.2 | 15.7 | 5.6 | N/A | -74.2% |
| Total | 2,185 | 1,450 | 1,956 | 666 | -32.7% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Kenya in 2022:
- India (45.0 units)
- China (1.0 units)
- South Africa (1.0 units)
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses exported from Kenya stood at 1 units, approximately equating the previous year's figure. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $6.7K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Tanzania | N/A | 6.7 | 0% | ||
| Democratic Republic of the Congo | 0.4 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 0.4 | 6.7 | 1575.0% | ||
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Kenya in 2022:
- Tanzania (1.0 units)
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