Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya - 2022
Contents:
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya (CIF) - 2022
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya (FOB) - 2022
- Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya
- Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya (CIF) - 2022
The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $6,912 per ton in 2022, rising by 30% against the previous year. In general, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 101%. The import price peaked at $12,472 per ton in 2019; however, from 2020 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 Taiwan (Chinese) ($16,447 per ton), while the price for the UK ($2,053 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya (FOB) - 2022
The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $16,087 per ton in 2022, surging by 73% against the previous year. In general, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2018 an increase of 135%. As a result, the export price reached the peak level of $30,520 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 UK ($30,800 per ton), while the average price for exports to Burundi ($1,000 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 Spain (+3.6%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya
In 2022, overseas purchases of machinery; parts of machinery for making or finishing paper or paperboard decreased by -34.2% to 93 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 228% against the previous year. As a result, imports reached the peak of 141 tons, and then contracted dramatically in the following year.
In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard contracted to $643K in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 124%. As a result, imports reached the peak of $750K, and then contracted in the following year.
| Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 55.6 | 153 | 289 | 449 | 100.6% |
| China | 53.4 | 72.7 | 157 | 63.8 | 6.1% |
| Spain | 14.2 | 17.8 | 20.0 | 38.9 | 39.9% |
| Italy | 89.0 | 19.4 | 2.4 | 19.6 | -39.6% |
| Taiwan (Chinese) | 102 | 13.3 | 18.3 | 17.2 | -44.8% |
| United Kingdom | 0.1 | 0.1 | N/A | 3.5 | 227.1% |
| Malaysia | N/A | N/A | 79.7 | N/A | 0% |
| South Africa | 3.8 | 9.5 | 62.9 | N/A | 306.8% |
| Others | 17.6 | 48.9 | 121 | 51.6 | 43.1% |
| Total | 336 | 335 | 750 | 643 | 24.2% |
Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Kenya in 2022:
- India (70.6 tons)
- China (8.5 tons)
- Spain (5.1 tons)
- United Kingdom (1.7 tons)
- Taiwan (Chinese) (1.0 tons)
- Italy (0.4 tons)
Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya
In 2022, exports of machinery; parts of machinery for making or finishing paper or paperboard from Kenya dropped markedly to 23 kg, waning by -17.9% compared with 2021 figures. Overall, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.
In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard surged to $370 in 2022. Over the period under review, exports showed a dramatic setback.
| Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | N/A | 205 | 0% |
| United Kingdom | 12,819 | 447 | 240 | 154 | -77.1% |
| Spain | 506 | 16.0 | 7.0 | 4.0 | -80.1% |
| Uganda | 1,038 | 2.0 | 3.0 | 3.0 | -85.8% |
| South Africa | 10.0 | 1.0 | 1.0 | 1.0 | -53.6% |
| Tanzania | 20.0 | 1.0 | 1.0 | 1.0 | -63.2% |
| Rwanda | 9.0 | 1.0 | 1.0 | 1.0 | -51.9% |
| Burundi | N/A | N/A | N/A | 1.0 | 0% |
| Italy | 740 | N/A | 7.0 | N/A | -90.3% |
| Others | N/A | 11.0 | 1.0 | N/A | -90.9% |
| Total | 15,142 | 479 | 261 | 370 | -71.0% |
Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Kenya in 2022:
- Nigeria (11.0 kg)
- United Kingdom (5.0 kg)
- Spain (2.0 kg)
- South Africa (1.0 kg)
- Tanzania (1.0 kg)
- Rwanda (1.0 kg)
- Uganda (1.0 kg)
- Burundi (1.0 kg)
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