Kenya - Non-Self-Propelled Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Self-Propelled Fork-Lift Truck Price in Kenya - 2021
Contents:
- Non-Self-Propelled Fork-Lift Truck Price in Kenya (CIF) - 2022
- Non-Self-Propelled Fork-Lift Truck Price in Kenya (FOB) - 2022
- Non-Self-Propelled Fork-Lift Truck Imports in Kenya
- Non-Self-Propelled Fork-Lift Truck Exports in Kenya
Non-Self-Propelled Fork-Lift Truck Price in Kenya (CIF) - 2022
The average non-self-propelled fork-lift truck import price stood at $2,355 per unit in 2022, growing by 5.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $3,901 per unit. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($4,705 per unit), while the price for Malaysia ($157 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Self-Propelled Fork-Lift Truck Price in Kenya (FOB) - 2022
In 2022, the average non-self-propelled fork-lift truck export price amounted to $29,378 per unit, growing by 9.4% against the previous year. Over the period under review, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 148%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($59,914 per unit), while the average price for exports to Burundi ($6,242 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 Mozambique (+1,450.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Self-Propelled Fork-Lift Truck Imports in Kenya
In 2022, imports of non-self-propelled fork-lift trucks into Kenya surged to 2.1K units, rising by 32% on the year before. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2020 when imports increased by 129%. As a result, imports attained the peak of 3K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, non-self-propelled fork-lift truck imports surged to $5M in 2022. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 94%. As a result, imports attained the peak of $6.3M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Non-Self-Propelled Fork-Lift Truck in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 9.3 | 1,935 | 1,045 | 1,924 | 491.4% |
| Singapore | 667 | 862 | 556 | 1,223 | 22.4% |
| China | 1,397 | 1,720 | 815 | 622 | -23.6% |
| Turkey | 0.9 | 3.0 | 2.4 | 31.8 | 228.1% |
| Taiwan (Chinese) | 17.5 | 18.5 | 11.7 | 21.6 | 7.3% |
| Malaysia | 5.5 | 6.9 | 4.3 | 9.1 | 18.3% |
| Others | 1,171 | 1,784 | 1,151 | 1,126 | -1.3% |
| Total | 3,268 | 6,329 | 3,586 | 4,957 | 14.9% |
Top Suppliers of Non-Self-Propelled Fork-Lift Truck to Kenya in 2022:
- Singapore (648.0 units)
- China (638.0 units)
- Finland (409.0 units)
- Turkey (125.0 units)
- Taiwan (Chinese) (59.0 units)
- Malaysia (58.0 units)
Non-Self-Propelled Fork-Lift Truck Exports in Kenya
For the third year in a row, Kenya recorded decline in overseas shipments of non-self-propelled fork-lift trucks, which decreased by -7.7% to 24 units in 2022. Overall, exports continue to indicate a significant decrease. The exports peaked at 68 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, non-self-propelled fork-lift truck exports amounted to $705K in 2022. Over the period under review, exports showed a mild contraction. Over the period under review, the exports attained the peak figure at $726K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Non-Self-Propelled Fork-Lift Truck in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 35.9 | 422 | 404 | 382 | 119.9% |
| Tanzania | 43.6 | 118 | 79.1 | 120 | 40.1% |
| Uganda | 202 | 73.1 | 14.4 | 88.1 | -24.2% |
| Zambia | 16.6 | 53.1 | 62.7 | 59.3 | 52.9% |
| Democratic Republic of the Congo | 55.3 | 11.3 | 36.4 | 34.5 | -14.6% |
| Egypt | 4.0 | 13.0 | 16.0 | 15.1 | 55.7% |
| Burundi | 8.6 | 21.5 | 13.0 | 6.2 | -10.3% |
| Ethiopia | 138 | N/A | N/A | N/A | 0% |
| Others | 222 | N/A | 72.9 | N/A | -42.7% |
| Total | 726 | 712 | 698 | 705 | -1.0% |
Top Export Markets for Non-Self-Propelled Fork-Lift Truck from Kenya in 2022:
- Rwanda (10.0 units)
- Uganda (4.0 units)
- Democratic Republic of the Congo (3.0 units)
- Zambia (3.0 units)
- Tanzania (2.0 units)
- Egypt (1.0 units)
- Burundi (1.0 units)
This report provides an in-depth analysis of the non-self-propelled fork-lift truck 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 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
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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