Kenya - Road Tractors For Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Road Tractor for Semi-Trailer in Kenya - 2021
Contents:
- Price for Road Tractor for Semi-Trailer in Kenya (CIF) - 2022
- Price for Road Tractor for Semi-Trailer in Kenya (FOB) - 2022
- Imports of Road Tractor for Semi-Trailer in Kenya
- Exports of Road Tractor for Semi-Trailer in Kenya
Price for Road Tractor for Semi-Trailer in Kenya (CIF) - 2022
The average road tractor for semi-trailer import price stood at $29,977 per unit in 2022, falling by -2.4% against the previous year. In general, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $41,606 per unit. From 2019 to 2022, the average 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 Brazil ($71,876 per unit), while the price for Pakistan ($8,056 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Road Tractor for Semi-Trailer in Kenya (FOB) - 2022
The average road tractor for semi-trailer export price stood at $37,528 per unit in 2022, falling by -38.7% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 92% against the previous year. The export price peaked at $75,799 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($78,749 per unit), while the average price for exports to Senegal ($3,960 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 Zambia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Road Tractor for Semi-Trailer in Kenya
In 2022, after three years of growth, there was decline in supplies from abroad of road tractors for semi-trailers, when their volume decreased by -3.2% to 3.5K units. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 86%. Over the period under review, imports hit record highs at 3.6K units in 2021, and then reduced in the following year.
In value terms, road tractor for semi-trailer imports dropped to $104M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. Over the period under review, imports reached the peak figure at $110M in 2021, and then fell in the following year.
| Import of Road Tractor for Semi-Trailer in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 30.9 | 28.4 | 28.8 | 15.3% |
| Germany | 20.8 | 14.5 | 22.0 | 22.4 | 2.5% |
| Brazil | 0.9 | 10.4 | 16.2 | 16.5 | 163.7% |
| United Kingdom | 12.2 | 18.8 | 16.2 | 16.4 | 10.4% |
| South Korea | 2.6 | 2.5 | 3.7 | 3.7 | 12.5% |
| Pakistan | 0.5 | 1.6 | 0.8 | 0.9 | 21.6% |
| United States | N/A | N/A | N/A | 0.7 | 0% |
| Others | 8.3 | 19.1 | 22.7 | 14.5 | 20.4% |
| Total | 64.0 | 97.8 | 110 | 104 | 17.6% |
Top Suppliers of Road Tractor for Semi-Trailer to Kenya in 2022:
- China (1149.0 units)
- United Kingdom (924.0 units)
- Germany (627.0 units)
- Brazil (229.0 units)
- Pakistan (107.0 units)
- South Korea (85.0 units)
- United States (55.0 units)
Exports of Road Tractor for Semi-Trailer in Kenya
In 2022, after two years of decline, there was significant growth in shipments abroad of road tractors for semi-trailers, when their volume increased by 160% to 65 units. Over the period under review, exports, however, showed a precipitous decline. Over the period under review, the exports reached the maximum at 210 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, road tractor for semi-trailer exports surged to $2.4M in 2022. Overall, exports, however, faced a significant curtailment. Over the period under review, the exports hit record highs at $13M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Road Tractor for Semi-Trailer in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1,446 | 1,549 | 1,047 | 1,192 | -6.2% |
| Tanzania | 9,931 | 619 | 177 | 867 | -55.6% |
| Zambia | 356 | 494 | 175 | 199 | -17.6% |
| Democratic Republic of the Congo | 755 | 424 | 72.3 | 123 | -45.4% |
| Rwanda | 205 | 65.7 | 17.9 | 28.2 | -48.4% |
| Burundi | 25.7 | 20.2 | 4.9 | 5.5 | -40.2% |
| Senegal | 24.1 | 13.7 | 2.8 | 4.2 | -44.1% |
| Others | 198 | 162 | 33.8 | 20.4 | -53.1% |
| Total | 12,941 | 3,348 | 1,530 | 2,439 | -42.7% |
Top Export Markets for Road Tractor for Semi-Trailer from Kenya in 2022:
- Tanzania (27.0 units)
- Uganda (27.0 units)
- Zambia (4.0 units)
- Democratic Republic of the Congo (2.0 units)
- Senegal (1.0 units)
- Rwanda (1.0 units)
- Burundi (1.0 units)
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29104300 - Road tractors for semi-trailers
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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