Kenya - Balls, Needles And Rollers For Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTools for Bearing Price in Kenya - 2021
Contents:
- Tools for Bearing Price in Kenya (CIF) - 2022
- Tools for Bearing Price in Kenya (FOB) - 2022
- Tools for Bearing Imports in Kenya
- Tools for Bearing Exports in Kenya
Tools for Bearing Price in Kenya (CIF) - 2022
In 2022, the average tools for bearing import price amounted to $2,326 per ton, reducing by -31.7% against the previous year. Over the period under review, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in 2016 an increase of 95% against the previous year. Over the period under review, average import prices hit record highs at $9,695 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($31,259 per ton), while the price for India ($1,705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Tools for Bearing Price in Kenya (FOB) - 2022
In 2022, the average tools for bearing export price amounted to $13,478 per ton, declining by -6.5% against the previous year. Overall, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 66% against the previous year. The export price peaked at $23,866 per ton in 2015; however, from 2016 to 2022, the export prices remained at a 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 Tanzania ($28,600 per ton), while the average price for exports to South Sudan ($2,705 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 Hungary (+5,471.2%), while the prices for the other major destinations experienced more modest paces of growth.
Tools for Bearing Imports in Kenya
In 2022, tools for bearing imports into Kenya surged to 292 tons, increasing by 82% on the previous year's figure. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 291%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, tools for bearing imports skyrocketed to $679K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, imports attained the peak of $812K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Tools for Bearing in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 82.6 | 123 | 142 | 505 | 82.9% |
| India | 50.4 | 267 | 125 | 54.0 | 2.3% |
| Others | 289 | 422 | 278 | 119 | -25.6% |
| Total | 422 | 812 | 545 | 679 | 17.2% |
Top Suppliers of Tools for Bearing to Kenya in 2022:
- China (253.3 tons)
- India (31.7 tons)
Tools for Bearing Exports in Kenya
In 2022, tools for bearing exports from Kenya soared to 289 kg, with an increase of 170% against the previous year's figure. Overall, exports, however, recorded a deep slump.
In value terms, tools for bearing exports surged to $3.9K in 2022. In general, exports, however, saw a deep contraction.
| Export of Tools for Bearing in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 479 | 830 | 466 | 1,524 | 47.1% |
| Uganda | 1,301 | 1,192 | 355 | 1,160 | -3.8% |
| Rwanda | 86.0 | 253 | 172 | 531 | 83.5% |
| Ghana | 72.0 | 102 | 52.0 | 198 | 40.1% |
| South Sudan | 41.0 | 219 | 38.0 | 165 | 59.1% |
| Tanzania | 18.0 | 36.0 | 44.0 | 143 | 99.5% |
| South Africa | 3,270 | 1,486 | 328 | 65.0 | -72.9% |
| Somalia | 22.0 | 21.0 | 7.0 | 19.0 | -4.8% |
| Hungary | 221 | 456 | N/A | N/A | 106.3% |
| Burundi | N/A | 1,490 | N/A | N/A | 0% |
| Senegal | 19.0 | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | N/A | N/A | 75.0 | N/A | 0% |
| Others | 234 | 164 | 6.0 | 90.0 | -27.3% |
| Total | 5,763 | 6,249 | 1,543 | 3,895 | -12.2% |
Top Export Markets for Tools for Bearing from Kenya in 2022:
- Ethiopia (118.0 kg)
- Uganda (69.0 kg)
- South Sudan (61.0 kg)
- Rwanda (20.0 kg)
- Ghana (7.0 kg)
- Somalia (6.0 kg)
- Tanzania (5.0 kg)
- South Africa (1.0 kg)
This report provides an in-depth analysis of the tools for bearing 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 28153130 - Balls, needles and rollers for ball or roller bearings
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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