The Kenyan market for pulley tackle and hoists powered by an electric motor surged to $X in 2021, rising 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 continues to indicate a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Exports of Pulley Tackle And Hoists Powered By An Electric Motor
In 2021, about X motor-driven pulley blocks and cranes were exported from
Kenya; an X% increase compared to 2020. Overall, exports have grown substantially. The most significant growth rate occurred in 2019, when exports increased by X% over the previous year. As a result, the export volume peaked at X units. From 2020 to 2021, China’s export growth will remain at a low level.
In terms of value, in 2021, exports of motor-driven pulley blocks and cranes soared to X dollars. Overall, exports have grown substantially. 2019 saw the fastest growth, with exports up X% year-on-year. Thus, exports peaked at X dollars.
From 2020 to 2021, China’s export growth rate will remain at a low level.
Rwanda (X units) is Kenya’s main export destination for electric pulley blocks and cranes, accounting for X% of total exports. In addition, more than six times the number of pulley blocks and cranes powered by electric motors were exported to Rwanda than to
Zambia (X units), the second largest destination.
From 2012 to 2021, the average annual growth rate of Rwanda’s export volume is +X%. Exports to other major destinations achieved the following average annual export growth rates: Zambia (X% per annum) and South Sudan (X% per annum).
In terms of value, Zambia (USD X), Rwanda (USD X. Zambia has a CAGR of +X%, among the major destination countries, the highest export value growth rate during the reporting period, while other countries The leader’s shipments grew more slowly.
Imports of Pulley Tackle And Hoists Powered By An Electric Motor
In 2021, the number of motor-driven pulley blocks and cranes imported into Kenya surged to X units, an increase of X percent compared to the previous year. Overall, imports have grown significantly. Therefore, imports have peaked and may continue to grow in the short term.
In 2021, imports of electric motor-driven pulley blocks and cranes will soar to X dollars by value. Imports increased significantly during the reporting period. The most notable growth rate was in 2019, when imports increased by X% over the previous year. Therefore, imports peaked at X dollars. From 2020 to 2021, import growth will remain low.
In 2021, China (X units) is a Kenyan motor supplier to power the main pulley blocks and cranes, accounting for X% of total imports. This is followed by Germany (X units) with X% of total imports.
From 2012 to 2021, the average annual growth rate of Chinese exports is +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: Germany (+X% per annum) and India (-X% per annum).
In terms of value, China ($X) is Kenya’s largest supplier of electric pulley blocks and cranes, accounting for X% of total imports. In second place is India ($X) with X% of total imports.
From 2012 to 2021, the average annual growth rate of Chinese value is +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: India (-X% per annum) and Germany (+X% per annum).
Statistics of various crane suppliers in Kenya
In value terms, China constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Kenya, comprising 73% of total imports. The second position in the ranking was taken by India, with a 4.6% share of total imports.
In value terms, the largest markets for pulley tackle and hoists powered by an electric motor exported from Kenya were Zambia, Rwanda and South Sudan $629), together comprising 100% of total exports.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $513 per unit, reducing by -17.9% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $741 per unit, which is down by -55.1% against the previous year.
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Kenya: 2022 Electric Pulley Block and Electric Hoist Market Analysis