Report Update Nov 1, 2024

Kenya - Heat Exchange Units - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Heat Exchange Unit Market 2024

Heat Exchange Unit Exports

Exports from Kenya

In 2022, shipments abroad of heat exchange units was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 920% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, heat exchange unit exports soared to $X in 2022. Overall, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of 1,072%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), Uganda (X units) and the United States (X units) were the main destinations of heat exchange unit exports from Kenya, together comprising 67% of total exports. South Africa, Belgium, Tanzania, Rwanda, the Netherlands and France lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +14.9%), while the other leaders experienced a decline.

In value terms, South Africa ($X), Germany ($X) and Belgium ($X) constituted the largest markets for heat exchange unit exported from Kenya worldwide, with a combined 48% share of total exports.

In terms of the main countries of destination, South Africa, with a CAGR of +23.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average heat exchange unit export price stood at $X per unit in 2022, rising by 1.7% against the previous year. Overall, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 56%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Uganda ($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 South Africa (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Heat Exchange Unit Imports

Imports into Kenya

In 2022, approx. X units of heat exchange units were imported into Kenya; increasing by 164% against 2021 figures. In general, imports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of 317% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, heat exchange unit imports surged to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 305% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

India (X units), Uganda (X units) and Bulgaria (X units) were the main suppliers of heat exchange unit imports to Kenya, together accounting for 51% of total imports. Italy, China, the United States, Germany, Sweden, Turkey, Malaysia, the Netherlands, Israel and the UK lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +75.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest heat exchange unit suppliers to Kenya were India ($X), Uganda ($X) and Italy ($X), with a combined 48% share of total imports. Germany, Malaysia, China, Sweden, the United States, the Netherlands, Bulgaria, Turkey, the UK and Israel lagged somewhat behind, together comprising a further 20%.

China, with a CAGR of +62.6%, 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 heat exchange unit import price stood at $X per unit in 2022, which is down by -35.8% against the previous year. Over the period under review, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 41% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.9%), 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 heat exchange units in the world?

The countries with the highest volumes of in 2021 were China, the United States and Turkey, with a combined 45% share of global consumption.

What are the largest producers of heat exchange units in the world?

China remains the largest heat exchange unit producing country worldwide, accounting for 25% of total volume. Moreover, heat exchange unit production in China exceeded the figures recorded by the second-largest producer, India, threefold. Italy ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of heat exchange units to Kenya?

In value terms, the largest heat exchange unit suppliers to Kenya were India, the United States and Japan, with a combined 58% share of total imports. These countries were followed by the UK, Italy, China, Germany, Belgium, Turkey, Denmark, Poland and the United Arab Emirates, which together accounted for a further 35%.

What are the leading importers of heat exchange units from Kenya?

In value terms, Tanzania, South Africa and Tunisia $113) were the largest markets for heat exchange unit exported from Kenya worldwide, with a combined 93% share of total exports.

What is the average export price for heat exchange units in Kenya?

In 2021, the average heat exchange unit export price amounted to $3,851 per unit, growing by 433% against the previous year.

What is the average import price for heat exchange units in Kenya?

In 2021, the average heat exchange unit import price amounted to $608 per unit, growing by 25% against the previous year.

This report provides an in-depth analysis of the heat exchange unit 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 28251130 - Heat exchange units

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