Kenya - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTruck Crane Price in Kenya - 2021
Contents:
- Truck Crane Price in Kenya (CIF) - 2022
- Truck Crane Price in Kenya (FOB) - 2022
- Truck Crane Imports in Kenya
- Truck Crane Exports in Kenya
Truck Crane Price in Kenya (CIF) - 2022
The average truck crane import price stood at $11,111 per unit in 2021, increasing by 17% against the previous year. Overall, the import price, however, faced a abrupt decline. The import price peaked at $34,679 per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($236,027 per unit), while the price for the United Arab Emirates ($62,990 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Truck Crane Price in Kenya (FOB) - 2022
The average truck crane export price stood at $17,773 per unit in 2021, stabilizing at the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 169% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was South Sudan ($282,810 per unit), while the average price for exports to Tanzania ($9,142 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 Uganda (-1.7%).
Truck Crane Imports in Kenya
In 2022, the amount of truck cranes imported into Kenya skyrocketed to 407 units, jumping by 24% against the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year. As a result, imports attained the peak of 485 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, truck crane imports rose significantly to $4.1M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. As a result, imports reached the peak of $4.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Truck Crane in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 1,038 | 2,030 | 3,380 | 80.5% | |
| India | 75.5 | 76.2 | 212 | 67.6% | |
| United Arab Emirates | 218 | 202 | 63.0 | -46.2% | |
| Uganda | 790 | 833 | N/A | 5.4% | |
| Others | 831 | 1,468 | N/A | 76.7% | |
| Total | 2,953 | 4,609 | 3,655 | 11.3% | |
Top Suppliers of Truck Crane to Kenya in 2022:
- China (14.0 units)
- India (3.0 units)
- United Arab Emirates (1.0 units)
Truck Crane Exports in Kenya
In 2022, truck crane exports from Kenya contracted notably to 34 units, declining by -39.3% against 2021. In general, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 409% against the previous year. As a result, the exports reached the peak of 56 units, and then declined remarkably in the following year.
In value terms, truck crane exports contracted dramatically to $595K in 2022. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 409%. As a result, the exports reached the peak of $995K, and then declined notably in the following year.
| Export of Truck Crane in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Democratic Republic of the Congo | N/A | N/A | 387 | 0% | |
| Uganda | 4.1 | 502 | 307 | 765.3% | |
| South Sudan | N/A | N/A | 283 | 0% | |
| Tanzania | 48.1 | 242 | 18.3 | -38.3% | |
| Chad | 292 | N/A | N/A | 0% | |
| Georgia | 290 | N/A | N/A | 0% | |
| Madagascar | 9.0 | N/A | N/A | 0% | |
| Others | -267.2 | -548.1 | N/A | 105.1% | |
| Total | 375 | 195 | 995 | 62.9% | |
Top Export Markets for Truck Crane from Kenya in 2022:
- Uganda (8.0 units)
- Democratic Republic of the Congo (4.0 units)
- Tanzania (2.0 units)
- South Sudan (1.0 units)
This report provides an in-depth analysis of the truck crane 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 29105100 - Crane lorries
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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