Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya (CIF) - 2022
In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $258,992 per unit, with an increase of 344% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 865% against the previous year. Over the period under review, average import prices reached the peak figure at $2,989,616 per unit in 2015; however, from 2016 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 Germany ($323,667 per unit), while the price for India amounted to $295 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $12,385 per unit in 2022, dropping by -28.7% against the previous year. Overall, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 141% against the previous year. As a result, the export price attained the peak level of $17,368 per unit, and then contracted notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($592,650 per unit), while the average price for exports to Tanzania amounted to $9,363 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+22.0%).
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya
Imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs into Kenya skyrocketed to 5 units in 2022, picking up by 25% compared with the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.6% 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 +66.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs surged to $1.3M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 41.8 | 98.4 | 232 | 1,295 | 214.1% |
| India | N/A | N/A | N/A | 0.3 | 0% |
| Zimbabwe | N/A | 0.2 | N/A | N/A | 0% |
| United Kingdom | 0.3 | 0.5 | 0.9 | N/A | 73.2% |
| Greece | N/A | N/A | 0.3 | N/A | 0% |
| United States | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 42.1 | 99.2 | 234 | 1,295 | 213.3% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Kenya in 2022:
- Germany (4.0 units)
- India (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya
In 2022, after three years of growth, there was significant decline in overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, when their volume decreased by -29.6% to 193 units. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 9,033% against the previous year. As a result, the exports attained the peak of 274 units, and then fell markedly in the following year.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs contracted markedly to $2.4M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 21,926% against the previous year. As a result, the exports attained the peak of $4.8M, and then dropped rapidly in the following year.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | 2.4 | 1.8 | -25.0% |
| Others | N/A | N/A | 2.4 | 0.6 | -75.0% |
| Total | N/A | N/A | 4.8 | 2.4 | -50.0% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Kenya in 2022:
- Tanzania (192.0 units)
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