Kenya: Market for Industrial, Laboratory or Bakery Ovens 2025

Market Size for Industrial, Laboratory or Bakery Ovens in Kenya

The Kenyan market for industrial, laboratory or bakery ovens expanded slightly to $X in 2022, surging by 1.6% against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Industrial, Laboratory or Bakery Ovens in Kenya

In value terms, industrial, laboratory or bakery oven production reached $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 38% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of Industrial, Laboratory or Bakery Ovens

Exports from Kenya

In 2022, approx. X units of industrial, laboratory or bakery ovens were exported from Kenya; shrinking by -38.9% on the year before. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 560%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, industrial, laboratory or bakery oven exports dropped rapidly to $X in 2022. Overall, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of 38,637%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for industrial, laboratory or bakery oven exports from Kenya, accounting for a 64% share of total exports. Moreover, industrial, laboratory or bakery oven exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Rwanda (X units), fourfold. Uganda (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo stood at +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+7.2% per year) and Uganda (0.0% per year).

In value terms, Rwanda ($X), Democratic Republic of the Congo ($X) and Uganda ($X) appeared to be the largest markets for industrial, laboratory or bakery oven exported from Kenya worldwide, with a combined 94% share of total exports.

Rwanda, with a CAGR of +46.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for industrial, laboratory or bakery ovens amounted to $X per unit, which is down by -10.8% against the previous year. In general, the export price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 5,769%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X 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 Somalia (+1,305.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial, Laboratory or Bakery Ovens

Imports into Kenya

In 2022, purchases abroad of industrial, laboratory or bakery ovens increased by 19% to X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, saw a pronounced curtailment. The growth pace was the most rapid in 2017 when imports increased by 149%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, industrial, laboratory or bakery oven imports surged to $X in 2022. Over the period under review, imports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 156%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), the United Arab Emirates (X units) and the Czech Republic (X units) were the main suppliers of industrial, laboratory or bakery oven imports to Kenya, together comprising 44% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the Czech Republic ($X) and China ($X) constituted the largest industrial, laboratory or bakery oven suppliers to Kenya, with a combined 43% share of total imports.

The Czech Republic, with a CAGR of +36.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for industrial, laboratory or bakery ovens stood at $X per unit in 2022, increasing by 6.8% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial, laboratory or bakery oven import price increased by +35.6% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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