
Kenya - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights
Kenya: Industrial Bakery Machinery Market 2022
Industrial Bakery Machinery Market Size in Kenya
The Kenyan industrial bakery machinery market dropped sharply to $X in 2021, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt decline. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.
Industrial Bakery Machinery Exports
Exports from Kenya
In 2021, approx. X units of industrial bakery machinery were exported from Kenya; with an increase of X% on 2020 figures. Over the period under review, exports recorded a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.
In value terms, industrial bakery machinery exports soared to $X in 2021. Overall, exports showed a resilient increase. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
Exports by Country
Uganda (X units) was the main destination for industrial bakery machinery exports from Kenya, with a X% share of total exports. Moreover, industrial bakery machinery exports to Uganda exceeded the volume sent to the second major destination, Mozambique (X units), twofold. The third position in this ranking was taken by Somalia (X units), with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Uganda amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Somalia (+X% per year).
In value terms, the largest markets for industrial bakery machinery exported from Kenya were Mozambique ($X), Uganda ($X) and Tanzania ($X), together comprising X% of total exports. These countries were followed by Burundi and Somalia, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average industrial bakery machinery export price stood at $X per unit in 2021, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable reduction. The growth pace was the most rapid in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Somalia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Bakery Machinery Imports
Imports into Kenya
Industrial bakery machinery imports into Kenya fell notably to X units in 2021, reducing by -X% against the previous year's figure. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.
In value terms, industrial bakery machinery imports contracted rapidly to $X in 2021. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest industrial bakery machinery supplier to Kenya, accounting for a X% share of total imports. Moreover, industrial bakery machinery imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X units), twofold. The third position in this ranking was held by Italy (X units), with a X% share.
From 2012 to 2021, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-X% per year) and Italy (+X% per year).
In value terms, the largest industrial bakery machinery suppliers to Kenya were Italy ($X), China ($X) and the Netherlands ($X), with a combined X% share of total imports.
Italy, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average industrial bakery machinery import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price showed a modest expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the industrial bakery machinery 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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