Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya - 2022
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $2,198 per unit in 2022, rising by 18% against the previous year. In general, the import price, however, recorded a abrupt descent. The growth pace was the most rapid in 2014 when the average import price increased by 58%. The import price peaked at $4,949 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,260 per unit), while the price for the United States ($208 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $664 per unit, shrinking by -51.7% against the previous year. In general, the export price continues to indicate a significant curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 80%. The export price peaked at $10,305 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($1,487 per unit), while the average price for exports to Djibouti ($90 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 Ethiopia (+7.9%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya
In 2022, supplies from abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -54.3% to 175 units, falling for the second year in a row after two years of growth. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 82%. As a result, imports reached the peak of 558 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs contracted dramatically to $385K in 2022. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of $913K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 269 | 91.9 | 117 | 177 | -13.0% |
| India | 184 | 58.2 | 212 | 148 | -7.0% |
| Italy | 1.1 | 16.3 | 10.7 | 12.7 | 126.0% |
| United Kingdom | 1.0 | 1.0 | 2.0 | 11.1 | 123.1% |
| Turkey | 0.4 | 0.3 | 4.4 | 9.8 | 190.4% |
| United Arab Emirates | 6.0 | 18.8 | 137 | 0.2 | -67.8% |
| South Korea | 17.6 | 233 | 0.2 | N/A | -89.3% |
| Others | 214 | 493 | 231 | 26.1 | -50.4% |
| Total | 693 | 913 | 714 | 385 | -17.8% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Kenya in 2022:
- India (82.0 units)
- China (69.0 units)
- Italy (8.0 units)
- United Kingdom (7.0 units)
- Turkey (3.0 units)
- United Arab Emirates (1.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya
In 2022, approx. 18 units of electric motors; AC motors, multi-phase, of an output exceeding 75kWs were exported from Kenya; increasing by 200% on the previous year's figure. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $12K in 2022. Overall, exports, however, saw a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 75% against the previous year. The exports peaked at $14K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 3.7 | 1.1 | 1.0 | 8.9 | 34.0% |
| Tanzania | 8.1 | 1.3 | 2.0 | 2.5 | -32.4% |
| Djibouti | N/A | N/A | N/A | 0.5 | 0% |
| Nigeria | 0.1 | N/A | N/A | N/A | 0% |
| Uganda | 2.1 | 0.9 | 1.7 | N/A | -10.0% |
| Democratic Republic of the Congo | N/A | N/A | 3.6 | N/A | 0% |
| United States | N/A | 1.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.1 | 4.7 | 8.3 | 12.0 | -5.2% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Kenya in 2022:
- Ethiopia (6.0 units)
- Tanzania (6.0 units)
- Djibouti (6.0 units)
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