Kenya - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Kenya - 2022
Contents:
- Test Bench Price in Kenya (CIF) - 2022
- Test Bench Price in Kenya (FOB) - 2022
- Test Bench Imports in Kenya
- Test Bench Exports in Kenya
Test Bench Price in Kenya (CIF) - 2022
The average test bench import price stood at $5,898 per unit in 2022, shrinking by -79.9% against the previous year. Overall, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 242%. The import price peaked at $29,393 per unit in 2021, and then reduced sharply in the following year.
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 India ($30,482 per unit), while the price for Turkey ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Price in Kenya (FOB) - 2022
The average test bench export price stood at $1,333 per unit in 2022, dropping by -37.7% against the previous year. In general, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 6,771% against the previous year. As a result, the export price reached the peak level of $2,140 per unit, and then declined rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($2,143 per unit), while the average price for exports to Rwanda ($30 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+268.2%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Imports in Kenya
In 2022, approx. 21 units of test benches were imported into Kenya; waning by -71.6% against the previous year's figure. Overall, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. Over the period under review, imports reached the peak figure at 95 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, test bench imports declined dramatically to $124K in 2022. In general, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 113% against the previous year. As a result, imports attained the peak of $2.2M, and then shrank remarkably in the following year.
| Import of Test Bench in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 84.5 | 144 | 28.2 | 55.0 | -13.3% |
| China | 971 | 37.3 | 260 | 33.0 | -67.6% |
| India | 36.9 | 89.1 | 95.5 | 30.5 | -6.2% |
| United States | 3.6 | 10.9 | 19.6 | 4.5 | 7.7% |
| United Arab Emirates | 9.1 | 6.6 | 1.1 | 0.7 | -57.5% |
| Switzerland | 0.1 | 0.2 | 0.4 | 0.1 | 0.0% |
| Slovakia | N/A | 76.9 | N/A | N/A | 0% |
| Turkey | 5.9 | 19.9 | 42.1 | N/A | 167.1% |
| Others | 106 | 638 | 1,728 | N/A | 303.8% |
| Total | 1,217 | 1,023 | 2,175 | 124 | -53.3% |
Top Suppliers of Test Bench to Kenya in 2022:
- United Kingdom (8.0 units)
- China (8.0 units)
- Turkey (1.0 units)
- United States (1.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
- Switzerland (1.0 units)
Test Bench Exports in Kenya
In 2022, after three years of growth, there was significant decline in overseas shipments of test benches, when their volume decreased by -19.6% to 37 units. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 557% against the previous year. As a result, the exports attained the peak of 46 units, and then fell rapidly in the following year.
In value terms, test bench exports shrank notably to $49K in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 45,052% against the previous year. As a result, the exports reached the peak of $98K, and then reduced sharply in the following year.
| Export of Test Bench in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 0.3 | 0.1 | 20.7 | 31.2 | 370.3% |
| Tanzania | 0.1 | 0.1 | 11.8 | 15.0 | 431.3% |
| Mozambique | N/A | N/A | N/A | 1.5 | 0% |
| Uganda | N/A | N/A | 1.0 | 1.3 | 30.0% |
| Somalia | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Rwanda | N/A | N/A | N/A | N/A | 0% |
| Egypt | N/A | N/A | 64.7 | N/A | 0% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.4 | 0.2 | 98.4 | 49.3 | 397.7% |
Top Export Markets for Test Bench from Kenya in 2022:
- Ethiopia (20.0 units)
- Tanzania (7.0 units)
- Uganda (6.0 units)
- Somalia (2.0 units)
- Rwanda (1.0 units)
- Mozambique (1.0 units)
This report provides an in-depth analysis of the test bench 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 26516620 - Test benches
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.
-
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
-
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
-
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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