Kenya - Tractors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTractor Price in Kenya - 2021
Contents:
- Tractor Price in Kenya (CIF) - 2022
- Tractor Price in Kenya (FOB) - 2022
- Tractor Imports in Kenya
- Tractor Exports in Kenya
Tractor Price in Kenya (CIF) - 2022
The average tractor import price stood at $21,959 per unit in 2022, rising by 6.3% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 an increase of 23% against the previous year. Over the period under review, average import prices hit record highs at $30,320 per unit in 2013; however, from 2014 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 Brazil ($62,676 per unit), while the price for Pakistan ($9,859 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tractor Price in Kenya (FOB) - 2022
The average tractor export price stood at $30,556 per unit in 2022, declining by -3% against the previous year. Over the period under review, the export price showed a perceptible slump. The most prominent rate of growth was recorded in 2018 an increase of 64%. Over the period under review, the average export prices attained the peak figure at $56,847 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($49,755 per unit), while the average price for exports to Burundi ($1,252 per unit) was amongst the lowest.
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 mixed trend patterns.
Tractor Imports in Kenya
After three years of growth, purchases abroad of tractors decreased by -16.7% to 6.2K units in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 69%. Over the period under review, imports attained the maximum at 7.5K units in 2021, and then dropped remarkably in the following year.
In value terms, tractor imports reduced to $137M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Imports peaked at $155M in 2021, and then reduced in the following year.
| Import of Tractor in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.4 | 33.7 | 29.9 | 30.7 | 16.5% |
| Germany | 21.0 | 14.6 | 22.2 | 22.5 | 2.3% |
| Brazil | 2.2 | 11.2 | 17.2 | 18.1 | 101.9% |
| India | 9.7 | 16.5 | 26.6 | 17.6 | 22.0% |
| United Kingdom | 13.4 | 20.7 | 17.2 | 17.3 | 8.9% |
| Pakistan | 2.2 | 4.1 | 3.5 | 4.1 | 23.1% |
| Turkey | 0.8 | 2.6 | 2.3 | 1.6 | 26.0% |
| Others | 23.3 | 32.8 | 35.7 | 24.9 | 2.2% |
| Total | 92.1 | 136 | 155 | 137 | 14.2% |
Top Suppliers of Tractor to Kenya in 2022:
- India (1419.0 units)
- China (1278.0 units)
- United Kingdom (1034.0 units)
- Germany (652.0 units)
- Pakistan (418.0 units)
- Brazil (288.0 units)
- Turkey (117.0 units)
Tractor Exports in Kenya
In 2022, after two years of decline, there was growth in overseas shipments of tractors, when their volume increased by 2.5% to 121 units. Overall, exports, however, faced a dramatic curtailment. Over the period under review, the exports hit record highs at 246 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, tractor exports contracted slightly to $3.7M in 2022. Over the period under review, exports, however, continue to indicate a significant curtailment. The exports peaked at $14M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tractor in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1.8 | 2.2 | 1.7 | 2.0 | 3.6% |
| Tanzania | 10.0 | 0.7 | 0.6 | 0.9 | -55.2% |
| Rwanda | 0.5 | 0.4 | 0.1 | 0.4 | -7.2% |
| Zambia | 0.4 | 0.5 | 0.2 | 0.2 | -20.6% |
| Democratic Republic of the Congo | 0.8 | 0.4 | 0.1 | 0.1 | -50.0% |
| Burundi | N/A | 0.3 | 0.8 | N/A | 166.7% |
| Others | 0.6 | 0.2 | 0.2 | 0.1 | -45.0% |
| Total | 14.0 | 4.7 | 3.7 | 3.7 | -35.8% |
Top Export Markets for Tractor from Kenya in 2022:
- Uganda (60.0 units)
- Tanzania (34.0 units)
- Burundi (25.0 units)
- Rwanda (11.0 units)
- Zambia (4.0 units)
- Democratic Republic of the Congo (2.0 units)
This report provides an in-depth analysis of the tractor 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 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
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
-
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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This report provides an in-depth analysis of the tractor market in Kenya.
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This report provides an in-depth analysis of the market for road tractor for semi-trailer in Kenya.
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This report provides an in-depth analysis of the crawler tractor market in Kenya.
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This report provides an in-depth analysis of the pedestrian-controlled tractor market in Kenya.
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This report provides an in-depth analysis of the market for agricultural and forestry tractor in Kenya.
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This report provides an in-depth analysis of the global tractor market.
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This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
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This report provides an in-depth analysis of the global crawler tractor market.
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This report provides an in-depth analysis of the global pedestrian-controlled tractor market.
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This report provides an in-depth analysis of the global market for agricultural and forestry tractor.
942
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
685
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1352
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
68
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
209
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
942
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
685
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1352
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
68
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
209
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
