Kenya - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPressure-Reducing Iron Valve Price in Kenya - 2021
Contents:
- Pressure-Reducing Iron Valve Price in Kenya (CIF) - 2022
- Pressure-Reducing Iron Valve Price in Kenya (FOB) - 2022
- Pressure-Reducing Iron Valve Imports in Kenya
- Pressure-Reducing Iron Valve Exports in Kenya
Pressure-Reducing Iron Valve Price in Kenya (CIF) - 2022
The average pressure-reducing iron valve import price stood at $4 per unit in 2022, rising by 1.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2021 an increase of 24%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($67 per unit), while the price for China ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Pressure-Reducing Iron Valve Price in Kenya (FOB) - 2022
The average pressure-reducing iron valve export price stood at $4.2 per unit in 2022, picking up by 67% against the previous year. Overall, the export price, however, recorded a abrupt decrease. Over the period under review, the average export prices reached the maximum at $7.1 per unit in 2012; however, from 2013 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 Botswana ($23 per unit), while the average price for exports to Burundi ($0.3 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 Somalia (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Pressure-Reducing Iron Valve Imports in Kenya
In 2022, the amount of pressure-reducing, control, check and safety valves imported into Kenya surged to 1.3M units, jumping by 24% on 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 55%. As a result, imports reached the peak of 1.9M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pressure-reducing iron valve imports soared to $5M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 -17.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of $6.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Pressure-Reducing Iron Valve in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 749 | 891 | 1,300 | 1,507 | 26.2% |
| Thailand | 811 | 991 | 594 | 996 | 7.1% |
| China | 476 | 1,218 | 605 | 734 | 15.5% |
| United States | 574 | 885 | 343 | 377 | -13.1% |
| United Kingdom | 409 | 209 | 119 | 135 | -30.9% |
| United Arab Emirates | 91.0 | 48.6 | 64.7 | 86.6 | -1.6% |
| Japan | 101 | 837 | 39.6 | 45.8 | -23.2% |
| Others | 712 | 996 | 928 | 1,153 | 17.4% |
| Total | 3,923 | 6,076 | 3,993 | 5,035 | 8.7% |
Top Suppliers of Pressure-Reducing Iron Valve to Kenya in 2022:
- China (534.9K units)
- India (338.5K units)
- Thailand (205.1K units)
- United Arab Emirates (42.6K units)
- United Kingdom (33.1K units)
- Japan (7.5K units)
- United States (5.6K units)
Pressure-Reducing Iron Valve Exports in Kenya
In 2022, approx. 12K units of pressure-reducing, control, check and safety valves were exported from Kenya; with a decrease of -62.7% against the previous year. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 868%. As a result, the exports reached the peak of 32K units, and then contracted rapidly in the following year.
In value terms, pressure-reducing iron valve exports fell markedly to $51K in 2022. Over the period under review, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 306% against the previous year. As a result, the exports reached the peak of $82K, and then plummeted in the following year.
| Export of Pressure-Reducing Iron Valve in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 14.1 | 5.1 | 14.7 | 10.7 | -8.8% |
| Sudan | 7.8 | 3.2 | 10.5 | 8.7 | 3.7% |
| Uganda | 2.7 | 0.5 | 7.1 | 5.3 | 25.2% |
| Somalia | 4.5 | 1.8 | 5.8 | 4.8 | 2.2% |
| United Kingdom | 0.2 | 0.2 | 1.1 | 4.3 | 178.1% |
| Mozambique | 2.2 | 1.4 | 3.9 | 2.9 | 9.6% |
| Ethiopia | N/A | 2.8 | 2.6 | 2.7 | -1.8% |
| Rwanda | 11.4 | 0.1 | 17.4 | 2.3 | -41.3% |
| Malawi | 0.5 | 0.3 | 1.7 | 1.7 | 50.4% |
| Tanzania | 1.9 | 1.1 | 0.2 | 1.2 | -14.2% |
| Switzerland | N/A | 0.3 | 1.5 | 1.1 | 91.5% |
| Democratic Republic of the Congo | 1.2 | 0.4 | 0.1 | 0.6 | -20.6% |
| Burundi | 0.3 | 0.1 | 0.2 | 0.1 | -30.7% |
| Others | 7.4 | 3.0 | 15.2 | 4.6 | -14.7% |
| Total | 54.2 | 20.2 | 82.0 | 51.1 | -1.9% |
Top Export Markets for Pressure-Reducing Iron Valve from Kenya in 2022:
- Rwanda (2131.0 units)
- Malawi (2021.0 units)
- Uganda (2015.0 units)
- Democratic Republic of the Congo (965.0 units)
- Mozambique (815.0 units)
- Sudan (601.0 units)
- Somalia (532.0 units)
- Botswana (464.0 units)
- Tanzania (451.0 units)
- Burundi (417.0 units)
- United Kingdom (417.0 units)
- Ethiopia (280.0 units)
- Switzerland (273.0 units)
This report provides an in-depth analysis of the pressure-reducing iron valve 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 28141120 - Pressure-reducing valves of cast iron or steel, for pipes, b oiler shells, tanks, vats and the like (excluding those combined with lubricators or filters)
- Prodcom 28141140 - Pressure-reducing valves for pipes, boiler shells, tanks, vats and the like (excluding of cast iron or steel, those combined with filters or lubricators)
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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