Report Update: Apr 1, 2024

Kenya - Bodies For Special Purpose Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Special Vehicle Body Price in Kenya - 2021

Special Vehicle Body Price in Kenya (CIF) - 2022

The average special vehicle body import price stood at $2,381 per unit in 2022, shrinking by -30% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 130%. Over the period under review, average import prices reached the peak figure at $3,399 per unit in 2021, and then reduced sharply in the following year.

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 Turkey ($13,690 per unit), while the price for the UK ($1,280 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Special Vehicle Body Price in Kenya (FOB) - 2022

The average special vehicle body export price stood at $1,505 per unit in 2022, dropping by -38.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 119% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,867 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($3,007 per unit), while the average price for exports to Burundi amounted to $788 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-4.1%), while the prices for the other major destinations experienced a decline.

Special Vehicle Body Imports in Kenya

Special vehicle body imports into Kenya expanded sharply to 426 units in 2022, growing by 9.5% against the year before. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, special vehicle body imports declined significantly to $1M in 2022. Over the period under review, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports attained the peak of $1.3M, and then shrank sharply in the following year.

Import of Special Vehicle Body in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	384	278	820	407	2.0%
Singapore	N/A	N/A	N/A	168	0%
Turkey	16.0	18.4	144	82.1	72.5%
United States	53.3	N/A	N/A	76.8	12.9%
India	58.3	9.7	64.2	26.0	-23.6%
South Korea	35.0	49.9	85.2	15.7	-23.5%
United Kingdom	21.8	27.3	35.8	12.8	-16.3%
Thailand	98.8	132	7.6	N/A	-72.3%
Others	84.7	192	166	226	38.7%
Total	752	706	1,322	1,014	10.5%

Top Suppliers of Special Vehicle Body to Kenya in 2022:

China (178.0 units)
Singapore (79.0 units)
United States (25.0 units)
India (16.0 units)
United Kingdom (10.0 units)
South Korea (8.0 units)
Turkey (6.0 units)

Special Vehicle Body Exports in Kenya

In 2022, approx. 200 units of bodies for special purpose motor vehicles were exported from Kenya; growing by 264% on the year before. In general, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, special vehicle body exports surged to $301K in 2022. Overall, exports, however, saw a deep setback. The exports peaked at $467K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Special Vehicle Body in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Rwanda	131	202	124	198	14.8%
Burundi	N/A	N/A	10.1	98.5	875.2%
Tanzania	56.2	N/A	0.1	3.3	-61.1%
Uganda	219	265	N/A	N/A	21.0%
Others	N/A	N/A	0.7	0.6	-14.3%
Total	407	467	134	301	-9.6%

Top Export Markets for Special Vehicle Body from Kenya in 2022:

Burundi (125.0 units)
Rwanda (66.0 units)
Tanzania (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the special vehicle body market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29201050 - Bodies for lorries, vans, buses, coaches, tractors, dumpers and special purpose motor vehicles including completely equipped and incomplete bodies, vehicles for the transport of. .10 persons

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023