Report Update Nov 1, 2024

Kenya - Gravure Printing Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in Kenya

The Kenyan gravure printing machinery market rose markedly to $X in 2022, picking up by 9.7% against the previous year. In general, consumption, however, recorded a abrupt setback. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Gravure Printing Machinery Production in Kenya

In value terms, gravure printing machinery production totaled $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9%. Gravure printing machinery production peaked in 2022 and is expected to retain growth in the near future.

Gravure Printing Machinery Exports

Exports from Kenya

After three years of decline, shipments abroad of gravure printing machinery decreased by 0% to X units in 2022. In general, exports faced a deep reduction. The pace of growth was the most pronounced in 2015 when exports increased by 100% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravure printing machinery exports shrank notably to $X in 2022. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2020 with an increase of 2,415% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Tanzania (X units) was the main destination for gravure printing machinery exports from Kenya, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Tanzania amounted to -6.7%.

In value terms, Tanzania ($X) also remains the key foreign market for gravure printing machinery exports from Kenya.

From 2012 to 2022, the average annual growth rate of value to Tanzania stood at +24.1%.

Export Prices by Country

In 2022, the average gravure printing machinery export price amounted to $X per unit, which is down by -24.5% against the previous year. In general, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 4,930%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then shrank dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +43.2% per year.

Gravure Printing Machinery Imports

Imports into Kenya

After two years of decline, overseas purchases of gravure printing machinery increased by 20% to X units in 2022. In general, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 4,767% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, gravure printing machinery imports fell significantly to $X in 2022. Overall, imports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 1,070%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India (X units), China (X units) and South Africa (X units) were the main suppliers of gravure printing machinery imports to Kenya, with a combined 67% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of 0.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest gravure printing machinery suppliers to Kenya were Italy ($X), India ($X) and Taiwan (Chinese) ($X), with a combined 81% share of total imports. China, the United States, the UK and South Africa lagged somewhat behind, together comprising a further 19%.

The United States, with a CAGR of +14.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average gravure printing machinery import price stood at $X per unit in 2022, which is down by -32.3% against the previous year. Overall, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 152% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 Italy ($X per unit), while the price for South Africa ($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 United States (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gravure printing machinery in the world?

The countries with the highest volumes of in 2021 were Italy, Nigeria and the Netherlands, with a combined 47% share of global consumption. These countries were followed by Japan, Turkey, Indonesia, the United States, Vietnam, Taiwan Chinese), Thailand, Russia, Spain and Ghana, which together accounted for a further 32%.

What are the largest producers of gravure printing machinery in the world?

China remains the largest gravure printing machinery producing country worldwide, comprising approx. 49% of total volume. Moreover, gravure printing machinery production in China exceeded the figures recorded by the second-largest producer, Italy, twofold. Germany ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of gravure printing machinery to Kenya?

In value terms, the largest gravure printing machinery suppliers to Kenya were the United States, Italy and Taiwan Chinese), together accounting for 92% of total imports.

What are the leading importers of gravure printing machinery from Kenya?

In value terms, Tanzania remains the key foreign market for gravure printing machinery exports from Kenya.

What is the average export price for gravure printing machinery in Kenya?

In 2021, the average gravure printing machinery export price amounted to $8,864 per ton, shrinking by -45.2% against the previous year.

What is the average import price for gravure printing machinery in Kenya?

The average gravure printing machinery import price stood at $20,400 per ton in 2021, waning by -46.5% against the previous year.

This report provides an in-depth analysis of the gravure printing machinery 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 28991450 - Gravure printing machinery

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