Kenya - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator Compressor Price in Kenya - 2021
Contents:
- Refrigerator Compressor Price in Kenya (CIF) - 2022
- Refrigerator Compressor Price in Kenya (FOB) - 2022
- Refrigerator Compressor Imports in Kenya
- Refrigerator Compressor Exports in Kenya
Refrigerator Compressor Price in Kenya (CIF) - 2022
The average refrigerator compressor import price stood at $89 per unit in 2022, falling by -19.7% against the previous year. Over the period under review, the import price saw a pronounced downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 56%. Over the period under review, average import prices attained the peak figure at $124 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($434 per unit), while the price for Brazil ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator Compressor Price in Kenya (FOB) - 2022
In 2022, the average refrigerator compressor export price amounted to $235 per unit, with a decrease of -28.4% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of 45% against the previous year. Over the period under review, the average export prices attained the peak figure at $733 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($1,617 per unit), while the average price for exports to South Sudan ($75 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 Burundi (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.
Refrigerator Compressor Imports in Kenya
In 2022, approx. 14K units of compressors for refrigeration equipment were imported into Kenya; with an increase of 16% compared with the previous year. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% 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 increased by +50.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, refrigerator compressor imports dropped to $1.3M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, imports attained the peak of $1.4M, and then shrank in the following year.
| Import of Refrigerator Compressor in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 151 | 217 | 149 | 231 | 15.2% |
| United States | 5.0 | 11.0 | 178 | 171 | 224.6% |
| China | 193 | 330 | 520 | 144 | -9.3% |
| Slovakia | 3.2 | 7.8 | 13.5 | 101 | 216.0% |
| Brazil | 1.0 | N/A | 78.1 | 75.0 | 321.7% |
| Netherlands | 15.3 | 6.5 | 33.3 | 73.9 | 69.0% |
| Belgium | 17.7 | 1.9 | 1.1 | 57.8 | 48.4% |
| United Arab Emirates | 99.4 | 48.2 | 13.1 | 54.2 | -18.3% |
| Thailand | 81.0 | 19.5 | 33.2 | 44.9 | -17.9% |
| Poland | 38.0 | 1.4 | 31.6 | 36.2 | -1.6% |
| United Kingdom | 38.7 | 74.1 | 51.8 | 26.3 | -12.1% |
| Turkey | 26.2 | 203 | 7.7 | 24.0 | -2.9% |
| Romania | 37.4 | 25.7 | 10.4 | 13.5 | -28.8% |
| Others | 380 | 247 | 265 | 237 | -14.6% |
| Total | 1,086 | 1,193 | 1,386 | 1,289 | 5.9% |
Top Suppliers of Refrigerator Compressor to Kenya in 2022:
- Brazil (3.3K units)
- Slovakia (2.4K units)
- Thailand (1.9K units)
- China (1.5K units)
- United Arab Emirates (0.7K units)
- Poland (0.7K units)
- United Kingdom (0.7K units)
- Netherlands (0.6K units)
- United States (0.5K units)
- Germany (0.5K units)
- Turkey (0.4K units)
- Romania (0.3K units)
- Belgium (0.3K units)
Refrigerator Compressor Exports in Kenya
In 2022, shipments abroad of compressors for refrigeration equipment was finally on the rise to reach 225 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous setback. Over the period under review, the exports attained the peak figure at 588 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, refrigerator compressor exports surged to $53K in 2022. Overall, exports, however, faced a abrupt decrease. The exports peaked at $92K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Refrigerator Compressor in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 52.6 | 25.2 | 8.4 | 19.6 | -28.0% |
| Brazil | 10.5 | 16.6 | 15.4 | 15.6 | 14.1% |
| South Africa | 1.3 | 0.2 | 3.5 | 3.5 | 39.1% |
| Democratic Republic of the Congo | 7.7 | 5.7 | 0.1 | 3.1 | -26.2% |
| South Sudan | 1.6 | 0.8 | 2.5 | 2.5 | 16.0% |
| Zambia | 3.6 | 2.1 | 2.1 | 2.3 | -13.9% |
| Seychelles | 0.6 | 1.4 | 1.3 | 1.4 | 32.6% |
| Rwanda | 7.9 | N/A | 3.5 | 0.4 | -63.0% |
| Others | 6.1 | 8.3 | 8.3 | 4.4 | -10.3% |
| Total | 91.8 | 60.5 | 45.3 | 52.9 | -16.8% |
Top Export Markets for Refrigerator Compressor from Kenya in 2022:
- Uganda (89.0 units)
- Brazil (38.0 units)
- South Sudan (34.0 units)
- South Africa (16.0 units)
- Democratic Republic of the Congo (15.0 units)
- Zambia (11.0 units)
- Seychelles (9.0 units)
- Rwanda (3.0 units)
This report provides an in-depth analysis of the refrigerator compressor 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 28132300 - Compressors for refrigeration equipment
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
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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
-
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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