Kenya: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in Kenya

In 2021, after five years of growth, there was significant decline in the Kenyan dry-cleaning machine market, when its value decreased by -74.8% to $X. Over the period under review, consumption recorded a perceptible curtailment. Over the period under review, the market attained the maximum level at $X in 2020, and then shrank notably in the following year.

Dry-Cleaning Machine Exports

Exports from Kenya

In 2021, exports of dry-cleaning machines from Kenya skyrocketed to X units, growing by 300% against the year before. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 1,200% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, dry-cleaning machine exports soared to $X in 2021. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 4,284% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X units), Somalia (X units) and Rwanda (X units) were the main destinations of dry-cleaning machine exports from Kenya, together accounting for 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for Somalia (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X) remains the key foreign market for dry-cleaning machines exports from Kenya, comprising 83% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 7.2% share of total exports. It was followed by Tanzania, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sudan totaled +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+34.2% per year) and Tanzania (+36.2% per year).

Export Prices by Country

In 2021, the average dry-cleaning machine export price amounted to $X per unit, waning by -12.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 70% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sudan ($X per unit), while the average price for exports to Uganda ($X 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 Somalia (+28.5%), while the prices for the other major destinations experienced a decline.

Dry-Cleaning Machine Imports

Imports into Kenya

Dry-cleaning machine imports into Kenya plummeted to X units in 2021, which is down by -60.7% on 2020. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 167%. Over the period under review, imports reached the maximum at X units in 2020, and then shrank rapidly in the following year.

In value terms, dry-cleaning machine imports declined significantly to $X in 2021. Overall, imports saw a slight shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 201%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of dry-cleaning machine to Kenya, accounting for a 27% share of total imports. Moreover, dry-cleaning machine imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. India (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (0.0% per year) and India (0.0% per year).

In value terms, Italy ($X) constituted the largest supplier of dry-cleaning machines to Kenya, comprising 25% of total imports. The second position in the ranking was taken by South Korea ($X), with a 12% share of total imports. It was followed by India, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+77.0% per year) and India (-5.5% per year).

Import Prices by Country

The average dry-cleaning machine import price stood at $X per unit in 2021, shrinking by -10.4% against the previous year. In general, the import price saw a mild decline. The growth pace was the most rapid in 2015 when the average import price increased by 54%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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 Italy ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+96.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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