Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $77 per unit in 2022, growing by 51% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The import price peaked at $235 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 Japan ($239 per unit), while the price for China ($36 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $207 per unit in 2022, dropping by -15.6% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 137%. The export price peaked at $620 per unit in 2015; however, from 2016 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 Malawi ($1,368 per unit), while the average price for exports to Zimbabwe ($8 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 South Africa (+46.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya

After three years of growth, supplies from abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -77.8% to 2.6K units in 2022. Overall, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. As a result, imports attained the peak of 12K units, and then fell dramatically in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type declined notably to $203K in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 108%. As a result, imports reached the peak of $608K, and then dropped markedly in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21618518370.6-31.1%
India10.39.013147.866.8%
United Kingdom19.99.56.28.6-24.4%
Israel7.88.116.58.00.8%
Others78.080.527168.1-4.4%
Total332293608203-15.1%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Kenya in 2022:

  1. China (1935.0 units)
  2. India (368.0 units)
  3. United Kingdom (110.0 units)
  4. Israel (50.0 units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Kenya dropped rapidly to 15 units, shrinking by -65.1% on the previous year. Over the period under review, exports showed a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 169% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at 61 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type shrank remarkably to $3.1K in 2022. In general, exports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 370% against the previous year. The exports peaked at $15K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malawi3,0767732,7281,368-23.7%
Uganda2,32198.02,322770-30.8%
Democratic Republic of the Congo7382181,087377-20.1%
Ghana68.037.061222047.9%
South Africa26.015.016993.052.9%
Rwanda9382942,46692.0-53.9%
Mozambique65010034059.0-55.1%
South Sudan70627.047955.0-57.3%
Zambia36020.094.030.0-56.3%
Ethiopia46.011.034.019.0-25.5%
Tanzania2,68741688.017.0-81.5%
ZimbabweN/AN/AN/A8.00%
India1,219N/AN/AN/A0%
Others2,074236142N/A-73.8%
Total14,9092,24510,5613,108-40.7%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Kenya in 2022:

  1. Ghana (2.0 units)
  2. South Africa (2.0 units)
  3. Democratic Republic of the Congo (2.0 units)
  4. Ethiopia (1.0 units)
  5. Tanzania (1.0 units)
  6. Malawi (1.0 units)
  7. Zimbabwe (1.0 units)
  8. Rwanda (1.0 units)
  9. South Sudan (1.0 units)
  10. Uganda (1.0 units)
  11. Mozambique (1.0 units)
  12. Zambia (1.0 units)

Source: IndexBox Market Intelligence Platform

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