Kenya: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Kenya

The Kenyan agricultural harvester market declined to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Agricultural harvester consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Agricultural Harvester Production in Kenya

In value terms, agricultural harvester production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Agricultural Harvester Exports

Exports from Kenya

In 2022, exports of agricultural harvesters from Kenya reduced notably to X units, with a decrease of X% against 2021 figures. In general, exports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, agricultural harvester exports declined markedly to $X in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Uganda (X units), Tanzania (X units) and Burundi (X units) were the main destinations of agricultural harvester exports from Kenya, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Uganda (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uganda ($X), Tanzania ($X) and Burundi ($X) constituted the largest markets for agricultural harvester exported from Kenya worldwide, together accounting for X% of total exports.

Burundi, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

The average agricultural harvester export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price recorded strong growth. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

Agricultural Harvester Imports

Imports into Kenya

In 2022, the amount of agricultural harvesters imported into Kenya declined markedly to X units, dropping by X% on the year before. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, agricultural harvester imports dropped rapidly to $X in 2022. Overall, imports saw a perceptible downturn. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), Japan (X units) and China (X units) were the main suppliers of agricultural harvester imports to Kenya, with a combined X% share of total imports. Italy, the United States, Estonia, Pakistan, Brazil, Belarus, the Netherlands, Turkey and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of agricultural harvesters to Kenya, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with an X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average agricultural harvester import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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