Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya - 2022

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya (CIF) - 2022

The average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $906 per unit in 2022, picking up by 5.1% against the previous year. Overall, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of 63%. Over the period under review, average import prices hit record highs at $1,710 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the UK ($5,555 per unit), while the price for the United States ($400 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya (FOB) - 2022

In 2022, the average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $1,466 per unit, surging by 49% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 326%. Over the period under review, the average export prices hit record highs at $1,866 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,625 per unit), while the average price for exports to Tanzania totaled $1,229 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+261.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya

In 2022, supplies from abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -54.6% to 398 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2020 when imports increased by 89% against the previous year. Over the period under review, imports of reached the maximum at 877 units in 2021, and then reduced remarkably in the following year.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses fell remarkably to $361K in 2022. Over the period under review, imports showed a deep slump. The growth pace was the most rapid in 2020 with an increase of 55%. As a result, imports reached the peak of $904K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Kenya in 2022:

1. United States (133.0 units)
2. China (110.0 units)
3. India (88.0 units)
4. Sweden (26.0 units)
5. Italy (13.0 units)
6. Turkey (10.0 units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kenya

In 2022, the amount of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses exported from Kenya shrank dramatically to 5 units, waning by -97.3% on the previous year's figure. Over the period under review, exports saw a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 1,720% against the previous year. As a result, the exports attained the peak of 182 units, and then reduced rapidly in the following year.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses contracted notably to $7.3K in 2022. In general, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 1,760% against the previous year. As a result, the exports reached the peak of $179K, and then shrank sharply in the following year.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Kenya in 2022:

1. Democratic Republic of the Congo (3.0 units)
2. Tanzania (2.0 units)

Source: IndexBox Market Intelligence Platform