Kenya: Vapour Power Unit Market 2022

Vapour Power Unit Market Size in Kenya

In 2021, the Kenyan vapour power unit market decreased by -X% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, continues to indicate a pronounced curtailment. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Vapour Power Unit Exports

Exports from Kenya

In 2021, approx. X kg of condensers for steam or other vapour power units were exported from Kenya; waning by -X% on 2020 figures. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, vapour power unit exports skyrocketed to $X in 2021. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Tanzania (X kg) was the main destination for vapour power unit exports from Kenya, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania amounted to -X%.

In value terms, Tanzania ($X) also remains the key foreign market for vapour power unit exports from Kenya.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania stood at -X%.

Export Prices by Country

In 2021, the average vapour power unit export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked in 2021 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2021, the rate of growth in terms of prices for Tanzania amounted to +X% per year.

Vapour Power Unit Imports

Imports into Kenya

In 2021, purchases abroad of condensers for steam or other vapour power units decreased by -X% to X tons, falling for the second consecutive year after four years of growth. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth imports remained at a lower figure.

In value terms, vapour power unit imports shrank dramatically to $X in 2021. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of vapour power unit to Kenya, accounting for a X% share of total imports. Moreover, vapour power unit imports from India exceeded the figures recorded by the second-largest supplier, China (X kg), sixfold.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, India ($X) constituted the largest supplier of vapour power unit to Kenya, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with an X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

The average vapour power unit import price stood at $X per ton in 2021, jumping by X% against the previous year. In general, the import price, however, showed a abrupt contraction. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform