Price for Tanker Trailers and Tanker Semi-Trailers in Kenya - 2021

Contents:

1. Price for Tanker Trailers and Tanker Semi-Trailers in Kenya (CIF) - 2022
2. Price for Tanker Trailers and Tanker Semi-Trailers in Kenya (FOB) - 2022
3. Imports of Tanker Trailers and Tanker Semi-Trailers in Kenya
4. Exports of Tanker Trailers and Tanker Semi-Trailers in Kenya

Price for Tanker Trailers and Tanker Semi-Trailers in Kenya (CIF) - 2022

In 2022, the average import price for tanker trailers and tanker semi-trailerses amounted to $30,428 per unit, with an increase of 2.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 45%. The import price peaked at $35,508 per unit in 2015; however, from 2016 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 South Africa ($113,302 per unit), while the price for Australia ($4,410 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+43.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanker Trailers and Tanker Semi-Trailers in Kenya (FOB) - 2022

The average export price for tanker trailers and tanker semi-trailerses stood at $25,805 per unit in 2022, declining by -8.3% against the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices hit record highs at $44,192 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($43,922 per unit), while the average price for exports to Burundi ($4,281 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 (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tanker Trailers and Tanker Semi-Trailers in Kenya

In 2022, the amount of tanker trailers and tanker semi-trailerses imported into Kenya totaled 137 units, with an increase of 14% compared with the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 206% against the previous year. As a result, imports reached the peak of 199 units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tanker trailers and tanker semi-trailers imports soared to $4.2M in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 160%. As a result, imports reached the peak of $4.8M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to Kenya in 2022:

1. Australia (74.0 units)
2. Brazil (19.0 units)
3. Turkey (11.0 units)
4. Germany (9.0 units)
5. China (6.0 units)
6. South Africa (4.0 units)
7. India (3.0 units)
8. United States (2.0 units)

Exports of Tanker Trailers and Tanker Semi-Trailers in Kenya

In 2022, approx. 83 units of tanker trailers and tanker semi-trailerses were exported from Kenya; rising by 15% compared with the previous year's figure. The total export volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, the exports reached the peak of 87 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, tanker trailers and tanker semi-trailers exports expanded markedly to $2.1M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from Kenya in 2022:

1. Uganda (32.0 units)
2. Democratic Republic of the Congo (12.0 units)
3. Burundi (11.0 units)
4. Zambia (9.0 units)
5. Tanzania (5.0 units)
6. Mozambique (5.0 units)
7. South Sudan (5.0 units)
8. Rwanda (3.0 units)

Source: IndexBox Market Intelligence Platform