Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya - 2022

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya (CIF) - 2022
2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya (FOB) - 2022
3. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya
4. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya (CIF) - 2022

In 2022, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $40 per unit, growing by 82% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. Over the period under review, average import prices hit record highs at $184 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($61 per unit), while the price for China ($9.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+57.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $31 per unit in 2022, increasing by 6.9% against the previous year. In general, the export price continues to indicate a measured expansion. The pace of growth was the most pronounced in 2019 an increase of 62% against the previous year. As a result, the export price attained the peak level of $32 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -0.8% per year.

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya

In 2022, imports of non-electric iron or steel central heating radiators of cast iron into Kenya shrank sharply to 115 units, reducing by -60.1% compared with 2021 figures. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 658% against the previous year. Imports peaked at 493 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron fell rapidly to $4.6K in 2022. Over the period under review, imports faced a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 753%. Imports peaked at $8.1K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to Kenya in 2022:

1. France (69.0 units)
2. China (35.0 units)
3. Turkey (11.0 units)

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kenya

After three years of growth, shipments abroad of non-electric iron or steel central heating radiators of cast iron decreased by -6.7% to 153 units in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 49%. Over the period under review, the exports of hit record highs at 164 units in 2021, and then contracted in the following year.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron contracted modestly to $4.8K in 2022. The total export value increased at an average annual rate of +13.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. The exports peaked at $4.8K in 2021, and then contracted modestly in the following year.

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from Kenya in 2022:

1. Uganda (152.0 units)

Source: IndexBox Market Intelligence Platform