Price for Winches and Capstans; Not Powered by an Electric Motor in Kenya - 2022
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Kenya (FOB) - 2022
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Kenya
Price for Winches and Capstans; Not Powered by an Electric Motor in Kenya (FOB) - 2022
In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $386 per unit, dropping by -28.9% against the previous year. Overall, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 233%. The export price peaked at $1,164 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($724 per unit), while the average price for exports to Tanzania ($204 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 South Africa (+30.1%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Winches and Capstans; Not Powered by an Electric Motor in Kenya
In 2022, exports of winches and capstans; not powered by an electric motors from Kenya soared to 190 units, increasing by 65% compared with the previous year. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 785%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of winches and capstans; not powered by an electric motors surged to $73K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 2,850% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 0.3 | 0.3 | 6.3 | 26.2 | 343.7% |
| Tanzania | 0.1 | 0.3 | 5.2 | 21.2 | 496.3% |
| Democratic Republic of the Congo | N/A | N/A | 1.4 | 14.5 | 935.7% |
| Rwanda | N/A | N/A | 1.7 | 11.4 | 570.6% |
| India | N/A | N/A | 28.4 | N/A | 0% |
| South Africa | 0.2 | 0.1 | 3.4 | N/A | 312.3% |
| United Arab Emirates | 0.7 | 0.5 | 13.0 | N/A | 330.9% |
| Ethiopia | 2.5 | 0.8 | N/A | N/A | -68.0% |
| Others | 0.4 | 0.1 | 3.1 | N/A | 178.4% |
| Total | 4.3 | 2.1 | 62.4 | 73.3 | 157.4% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Kenya in 2022:
- Tanzania (104.0 units)
- Uganda (50.0 units)
- Democratic Republic of the Congo (20.0 units)
- Rwanda (16.0 units)
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