Kenya - Cargo Trailers and Semi-Trailers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTrailer and Semi-Trailer Price in Kenya - 2021
Contents:
- Trailer and Semi-Trailer Price in Kenya (CIF) - 2022
- Trailer and Semi-Trailer Price in Kenya (FOB) - 2022
- Trailer and Semi-Trailer Imports in Kenya
- Trailer and Semi-Trailer Exports in Kenya
Trailer and Semi-Trailer Price in Kenya (CIF) - 2022
In 2022, the average trailer and semi-trailer import price amounted to $3,117 per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 199% against the previous year. Over the period under review, average import prices reached the peak figure at $14,246 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 Turkey ($7,954 per unit), while the price for South Korea ($1,476 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Trailer and Semi-Trailer Price in Kenya (FOB) - 2022
In 2022, the average trailer and semi-trailer export price amounted to $2,114 per unit, which is down by -18.9% against the previous year. In general, the export price recorded a slight slump. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. As a result, the export price attained the peak level of $2,605 per unit, and then fell rapidly in the following year.
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 ($7,733 per unit), while the average price for exports to Tanzania ($1,375 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 Rwanda (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Trailer and Semi-Trailer Imports in Kenya
In 2022, supplies from abroad of cargo trailers and semi-trailers decreased by -14.7% to 7.9K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 103% against the previous year. Over the period under review, imports attained the peak figure at 9.2K units in 2021, and then dropped in the following year.
In value terms, trailer and semi-trailer imports shrank significantly to $24M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 178% against the previous year. Imports peaked at $29M in 2021, and then fell significantly in the following year.
Import of Trailer and Semi-Trailer in Kenya (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.7 | 12.3 | 15.6 | 13.9 | 55.5% |
Brazil | 0.7 | 1.1 | 1.0 | 2.4 | 50.8% |
United States | 0.5 | 1.2 | 1.4 | 2.0 | 58.7% |
Turkey | 0.3 | 0.9 | 2.8 | 1.2 | 58.7% |
Singapore | 0.1 | 0.4 | 0.5 | 0.6 | 81.7% |
India | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
United Kingdom | 0.1 | 0.4 | 0.4 | 0.5 | 71.0% |
South Korea | N/A | N/A | N/A | 0.4 | 0% |
Netherlands | 0.3 | 0.7 | 0.3 | 0.3 | 0.0% |
Germany | 0.2 | 0.3 | 4.0 | 0.2 | 0.0% |
Others | 1.2 | 2.7 | 2.5 | 2.5 | 27.7% |
Total | 7.3 | 20.1 | 28.8 | 24.5 | 49.7% |
Top Suppliers of Trailer and Semi-Trailer to Kenya in 2022:
- China (5304.0 units)
- Brazil (415.0 units)
- United States (359.0 units)
- South Korea (286.0 units)
- United Kingdom (238.0 units)
- Singapore (183.0 units)
- India (169.0 units)
- Turkey (154.0 units)
- Netherlands (125.0 units)
- Germany (52.0 units)
Trailer and Semi-Trailer Exports in Kenya
In 2022, exports of cargo trailers and semi-trailers from Kenya soared to 3.5K units, picking up by 40% on 2021. In general, exports, however, saw a abrupt slump. Over the period under review, the exports hit record highs at 4.5K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, trailer and semi-trailer exports expanded significantly to $7.3M in 2022. Over the period under review, exports, however, recorded a noticeable decline. Over the period under review, the exports attained the peak figure at $8.2M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Export of Trailer and Semi-Trailer in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 2.6 | 2.5 | 1.2 | 3.0 | 4.9% |
Uganda | 2.8 | 2.5 | 2.6 | 2.2 | -7.7% |
Democratic Republic of the Congo | 1.0 | 1.2 | 1.0 | 0.8 | -7.2% |
Zambia | 0.3 | 0.8 | 0.6 | 0.5 | 18.6% |
South Sudan | 0.3 | 0.5 | 0.4 | 0.3 | 0.0% |
Mozambique | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
Others | 0.7 | 0.4 | 0.7 | 0.3 | -24.6% |
Total | 8.1 | 8.2 | 6.5 | 7.3 | -3.4% |
Top Export Markets for Trailer and Semi-Trailer from Kenya in 2022:
- Tanzania (2149.0 units)
- Uganda (707.0 units)
- Democratic Republic of the Congo (266.0 units)
- South Sudan (105.0 units)
- Zambia (89.0 units)
- Mozambique (35.0 units)
This report provides an in-depth analysis of the trailer and semi-trailer 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 29202300 - Other trailers and semi-trailers for the transport of goods
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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Discover the leading countries importing trailers and semi-trailers with high import values. Analyze the key statistics and market insights.
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In 2016, the amount of trailer imported worldwide totaled X tons, ascending by X% against the previous year level. In general, trailer imports continue to indicate a relatively flat trend pattern. ...
In 2016, the amount of trailer imported worldwide totaled X tons, ascending by X% against the previous year level. In general, trailer imports continue to indicate a relatively flat trend pattern. ...
The U.S. seized control of the trailer and semi-trailer trade. In 2014, the U.S. exported X thousand units of trailers and semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was Canada, where it supplied X% o
Discover the leading countries importing trailers and semi-trailers with high import values. Analyze the key statistics and market insights.
Learn about the top import markets for camping trailers, including Canada, Australia, and the Netherlands. Discover key statistics and market insights.
In 2016, the amount of trailer imported worldwide totaled X tons, ascending by X% against the previous year level. In general, trailer imports continue to indicate a relatively flat trend pattern. ...
In 2016, the amount of trailer imported worldwide totaled X tons, ascending by X% against the previous year level. In general, trailer imports continue to indicate a relatively flat trend pattern. ...
The U.S. seized control of the trailer and semi-trailer trade. In 2014, the U.S. exported X thousand units of trailers and semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was Canada, where it supplied X% o