Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $922 per unit in 2022, dropping by -29.9% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses increased by +37.5% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 96% against the previous year. As a result, import price attained the peak level of $1,316 per unit, and then fell significantly in the following year.

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 ($4,008 per unit), while the price for Australia ($59 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $4,137 per unit, growing by 112% against the previous year. Over the period under review, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2016 an increase of 1,191%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($4,905 per unit), while the average price for exports to Tanzania stood at $1,065 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+35.5%).

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya

In 2022, overseas purchases of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses decreased by -74.5% to 47 units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2020 when imports increased by 121% against the previous year. As a result, imports attained the peak of 471 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses dropped remarkably to $43K in 2022. Over the period under review, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 91% against the previous year. As a result, imports reached the peak of $316K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Kenya in 2022:

1. Italy (28.0 units)
2. Australia (7.0 units)
3. China (4.0 units)
4. United States (2.0 units)
5. India (2.0 units)
6. Turkey (1.0 units)
7. South Africa (1.0 units)
8. United Arab Emirates (1.0 units)
9. United Kingdom (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Kenya

In 2022, the amount of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses exported from Kenya skyrocketed to 5 units, jumping by 150% on the previous year's figure. Overall, exports enjoyed 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 machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses surged to $21K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Kenya in 2022:

1. Mozambique (4.0 units)
2. Tanzania (1.0 units)

Source: IndexBox Market Intelligence Platform