Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya - 2022

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not 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 not exceeding 5000kWs amounted to $17,105 per unit, picking up by 32% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2015 an increase of 1,620% against the previous year. As a result, import price attained the peak level of $332,017 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +13.9% per year.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya (FOB) - 2022

In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $58,999 per unit, waning by -7.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 109% against the previous year. The export price peaked at $225,735 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 the United States ($73,390 per unit), while the average price for exports to the UK stood at $44,607 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+49.9%), while the prices for the other major destinations experienced a decline.

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya

In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs imported into Kenya fell markedly to 1 units, with a decrease of -88.9% compared with 2021 figures. Overall, imports recorded a sharp downturn. The smallest decline of -10% was in 2021. Imports peaked at 15 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs shrank rapidly to $17K in 2022. In general, imports faced a sharp descent. The smallest decline of -36.5% was in 2020. Over the period under review, imports of hit record highs at $435K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.70.20.717.185.0%
RussiaN/AN/A5.4N/A0%
Kazakhstan2.1N/AN/AN/A0%
China0.5N/AN/AN/A0%
Switzerland3.71.44.7N/A12.7%
Germany5.05.53.1N/A-21.3%
United Kingdom67.453.41.1N/A-87.2%
France98.661.534.5N/A-40.8%
Malta15.68.83.6N/A-52.0%
South Africa0.40.20.1N/A-50.0%
Canada23914563.8N/A-48.3%
OthersN/AN/AN/AN/A0%
Total43527611717.1-66.0%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Kenya in 2022:

  1. United States (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya

For the fourth year in a row, Kenya recorded growth in overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which increased by 100% to 2 units in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs soared to $118K in 2022. In general, exports saw a relatively flat trend pattern. The exports peaked at $172K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A73.40%
United Kingdom11617263.544.6-27.3%
OthersN/AN/AN/AN/A0%
Total11617263.51180.6%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Kenya in 2022:

  1. United States (1.0 units)
  2. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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