Report Update Nov 1, 2024

Kenya - Forage Harvesters and Other Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Market for Forage Harvesters and Other Harvesting Machines 2024

Market Size for Forage Harvesters and Other Harvesting Machines in Kenya

In 2021, after three years of growth, there was significant decline in the Kenyan market for forage harvesters and other harvesting machines, when its value decreased by -34% to $X. Overall, consumption, however, showed resilient growth. Consumption of peaked at $X in 2020, and then reduced rapidly in the following year.

Exports of Forage Harvesters and Other Harvesting Machines

Exports from Kenya

After two years of decline, overseas shipments of forage harvesters and other harvesting machines decreased by -66.7% to X units in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 600%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of forage harvesters and other harvesting machines dropped significantly to $X in 2021. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 3,889%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X units) was the main destination for exports of forage harvesters and other harvesting machines from Kenya, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Tanzania was relatively modest.

In value terms, Uganda ($X) and Tanzania ($X) constituted the largest markets for forage harvesters and other harvesting machines exported from Kenya worldwide.

Uganda, with a CAGR of +21.3%, 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.

Export Prices by Country

In 2021, the average export price for forage harvesters and other harvesting machines amounted to $X per unit, growing by 73% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2019 an increase of 815% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Uganda ($X per unit), while the average price for exports to Tanzania stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Forage Harvesters and Other Harvesting Machines

Imports into Kenya

In 2021, after three years of growth, there was significant decline in purchases abroad of forage harvesters and other harvesting machines, when their volume decreased by -32.2% to X units. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 123%. As a result, imports reached the peak of X units, and then contracted dramatically in the following year.

In value terms, imports of forage harvesters and other harvesting machines shrank significantly to $X in 2021. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by 188% against the previous year. Imports peaked at $X in 2020, and then shrank rapidly in the following year.

Imports by Country

Israel (X units), Japan (X units) and Argentina (X units) were the main suppliers of imports of forage harvesters and other harvesting machines to Kenya, with a combined 69% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +32.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Israel ($X) and Argentina ($X) constituted the largest forage harvesters and other harvesting machines suppliers to Kenya, together accounting for 86% of total imports. Brazil, China, Germany, Turkey, France, the Netherlands, the UK, Austria, Belgium and Luxembourg lagged somewhat behind, together comprising a further 11%.

Luxembourg, with a CAGR of +37.1%, recorded the highest rates of growth with regard to the value of imports, among 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 forage harvesters and other harvesting machines stood at $X per unit in 2021, shrinking by -8.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 50%. The import price peaked at $X per unit in 2020, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for forage harvesters and other harvesting machines in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 47% share of global consumption. These countries were followed by Russia, Japan, Spain, Brazil, France, the UK, Italy, Germany and South Korea, which together accounted for a further 25%.

What are the largest producers of forage harvesters and other harvesting machines in the world?

China remains the largest forage harvesters and other harvesting machines producing country worldwide, accounting for 25% of total volume. Moreover, production of forage harvesters and other harvesting machines in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.5% share.

What are the leading suppliers of forage harvesters and other harvesting machines to Kenya?

In value terms, Japan constituted the largest supplier of forage harvesters and other harvesting machines to Kenya, comprising 65% of total imports. The second position in the ranking was occupied by the United States, with a 24% share of total imports. It was followed by Brazil, with a 3.3% share.

What are the leading importers of forage harvesters and other harvesting machines from Kenya?

In value terms, Ghana emerged as the key foreign market for forage harvesters and other harvesting machines exports from Kenya, comprising 57% of total exports. The second position in the ranking was occupied by Rwanda, with a 2.6% share of total exports.

What is the average export price for forage harvesters and other harvesting machines in Kenya?

The average export price for forage harvesters and other harvesting machines stood at $25,669 per unit in 2021, picking up by 128% against the previous year.

What is the average import price for forage harvesters and other harvesting machines in Kenya?

In 2021, the average import price for forage harvesters and other harvesting machines amounted to $65,703 per unit, surging by 1.7% against the previous year.

This report provides an in-depth analysis of the market for forage harvesters and other harvesting machines 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 28305945 - Forage harvesters (excluding self-propelled)
Prodcom 28305960 - Forage harvesters, self-propelled
Prodcom 28305970 - Harvesting machines (excluding combine harvester threshers, root or tuber harvesting machines, forage harvesters)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023