Price for Tools, Hand; Other than Household Tools in Kenya - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Kenya (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Kenya (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Kenya
- Exports of Tools, Hand; Other than Household Tools in Kenya
Price for Tools, Hand; Other than Household Tools in Kenya (CIF) - 2022
In 2022, the average import price for tools, hand; other than household toolses amounted to $3,061 per ton, waning by -13.2% against the previous year. Over the period under review, the import price, however, showed a slight increase. The pace of growth was the most pronounced in 2015 an increase of 140% against the previous year. Over the period under review, average import prices attained the maximum at $5,561 per ton in 2013; however, from 2014 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 ($19,497 per ton), while the price for India ($1,777 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools, Hand; Other than Household Tools in Kenya (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $5,345 per ton in 2022, with a decrease of -28.7% against the previous year. Over the period under review, the export price recorded a mild slump. The pace of growth was the most pronounced in 2014 an increase of 89% against the previous year. The export price peaked at $9,028 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($53,000 per ton), while the average price for exports to Rwanda ($2,754 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+40.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Kenya
In 2022, overseas purchases of tools, hand; other than household toolses decreased by -51.7% to 569 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of 1.2K tons, and then contracted notably in the following year.
In value terms, imports of tools, hand; other than household toolses contracted markedly to $1.7M in 2022. Over the period under review, imports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of $5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tools, Hand; Other than Household Tools in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,876 | 3,023 | 2,841 | 878 | -32.7% |
| South Africa | 51.3 | 220 | 92.1 | 175 | 50.5% |
| India | 167 | 160 | 160 | 74.9 | -23.5% |
| Others | 1,361 | 1,631 | 1,058 | 613 | -23.3% |
| Total | 4,455 | 5,034 | 4,151 | 1,742 | -26.9% |
Top Suppliers of Tools, Hand; Other than Household Tools to Kenya in 2022:
- China (481.0 tons)
- India (42.1 tons)
- South Africa (9.0 tons)
Exports of Tools, Hand; Other than Household Tools in Kenya
In 2022, approx. 10 tons of tools, hand; other than household toolses were exported from Kenya; waning by -20.9% on 2021. Overall, exports faced a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year.
In value terms, exports of tools, hand; other than household toolses contracted sharply to $55K in 2022. In general, exports faced a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year.
| Export of Tools, Hand; Other than Household Tools in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.2 | N/A | N/A | 21.0 | 371.8% |
| Tanzania | 5.6 | 4.3 | 1.5 | 9.7 | 20.1% |
| Somalia | 40.8 | 4.3 | 0.5 | 7.8 | -42.4% |
| Mozambique | 18.2 | 1.6 | 1.2 | 7.2 | -26.6% |
| South Sudan | 20.9 | 0.6 | 0.5 | 2.2 | -52.8% |
| Democratic Republic of the Congo | 9.6 | 1.4 | 1.0 | 2.1 | -39.7% |
| Uganda | 11.7 | 6.6 | 15.2 | 1.0 | -56.0% |
| Rwanda | 2.5 | 0.8 | 5.8 | 0.8 | -31.6% |
| Cameroon | N/A | N/A | 16.2 | N/A | 0% |
| Poland | 95.6 | 4.2 | 0.9 | N/A | -90.3% |
| Oman | 15.3 | 0.4 | 0.1 | N/A | -91.9% |
| Singapore | 15.2 | 3.1 | 3.2 | N/A | -54.1% |
| Madagascar | 57.6 | 3.5 | 4.4 | N/A | -72.4% |
| Others | 146 | 38.2 | 47.8 | 3.6 | -70.9% |
| Total | 440 | 69.0 | 98.3 | 55.4 | -49.9% |
Top Export Markets for Tools, Hand; Other than Household Tools from Kenya in 2022:
- Cote d'Ivoire (5.6 tons)
- Tanzania (2.1 tons)
- Mozambique (1.4 tons)
- Rwanda (0.3 tons)
- South Sudan (0.3 tons)
- Democratic Republic of the Congo (0.2 tons)
- Somalia (0.2 tons)
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