Kenya - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Conveyor or Transmission Belt in Kenya - 2021
Contents:
- Price for Conveyor or Transmission Belt in Kenya (CIF) - 2022
- Price for Conveyor or Transmission Belt in Kenya (FOB) - 2022
- Imports of Conveyor or Transmission Belt in Kenya
- Exports of Conveyor or Transmission Belt in Kenya
Price for Conveyor or Transmission Belt in Kenya (CIF) - 2022
In 2022, the average conveyor or transmission belt import price amounted to $4,175 per ton, leveling off at the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $5,321 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($15,177 per ton), while the price for Rwanda ($334 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Conveyor or Transmission Belt in Kenya (FOB) - 2022
The average conveyor or transmission belt export price stood at $8,219 per ton in 2022, with a decrease of -14.2% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2018 an increase of 163% against the previous year. As a result, the export price attained the peak level of $24,382 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,700 per ton), while the average price for exports to Ghana ($2,372 per ton) 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 States (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Conveyor or Transmission Belt in Kenya
In 2022, imports of conveyor or transmission belts or belting into Kenya reduced rapidly to 1.6K tons, waning by -19.7% compared with the previous year's figure. Overall, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of 1.9K tons, and then shrank rapidly in the following year.
In value terms, conveyor or transmission belt imports shrank markedly to $6.5M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. As a result, imports attained the peak of $8M, and then contracted significantly in the following year.
| Import of Conveyor or Transmission Belt in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,492 | 2,024 | 3,765 | 3,388 | 10.8% |
| India | 650 | 766 | 1,255 | 1,129 | 20.2% |
| Taiwan (Chinese) | 320 | 341 | 374 | 336 | 1.6% |
| Italy | 300 | 224 | 184 | 201 | -12.5% |
| Rwanda | 15.3 | 18.4 | 20.6 | 22.1 | 13.0% |
| Others | 1,790 | 1,664 | 2,408 | 1,446 | -6.9% |
| Total | 5,567 | 5,037 | 8,006 | 6,522 | 5.4% |
Top Suppliers of Conveyor or Transmission Belt to Kenya in 2022:
- China (1007.5 tons)
- India (301.3 tons)
- Rwanda (66.2 tons)
- Taiwan (Chinese) (51.1 tons)
- Italy (21.3 tons)
Exports of Conveyor or Transmission Belt in Kenya
Conveyor or transmission belt exports from Kenya shrank rapidly to 5.7 tons in 2022, which is down by -16.7% compared with 2021 figures. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 117% against the previous year.
In value terms, conveyor or transmission belt exports declined sharply to $47K in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 133%.
| Export of Conveyor or Transmission Belt in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 57.0 | 16.2 | 25.5 | 25.3 | -23.7% |
| Uganda | 1.6 | 2.0 | 5.7 | 3.9 | 34.6% |
| Ghana | 2.0 | 0.1 | 1.4 | 1.0 | -20.6% |
| Others | 27.3 | 9.8 | 32.8 | 16.5 | -15.5% |
| Total | 88.0 | 28.0 | 65.4 | 46.7 | -19.0% |
Top Export Markets for Conveyor or Transmission Belt from Kenya in 2022:
- Tanzania (4.5 tons)
- Uganda (0.5 tons)
- Ghana (0.4 tons)
This report provides an in-depth analysis of the market for conveyor or transmission belt 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 22194030 - Rubber transmission belts of trapezoidal and/or striped configuration (including V-belts)
- Prodcom 22194050 - Rubber conveyor belts
- Prodcom 22194070 - Rubber synchronous belts
- Prodcom 22194090 - Rubber transmission belts (excluding V-belts and V-belting, t rapezoidal and/or striped configuration, conveyor belt, s ynchronous belt)
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
-
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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In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
2442
In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
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In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
2442
In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
1260
The global trade in conveyor or transmission belts or belting amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by recovery over the next two years, unti
1886
TGW, a global leading manufacturer of dynamic automated logistics solutions for warehousing, production, order picking and distribution, has opened a manufacturing site in Changzhou, China.
