Kenya: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Kenya

In 2021, after four years of growth, there was significant decline in the Kenyan market for in-hand motor grinders, sanders and planers, when its value decreased by -16% to $X. Overall, consumption, however, enjoyed a remarkable increase. Consumption of peaked at $X in 2020, and then plummeted in the following year.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Kenya

In 2021, approx. X units of in-hand motor grinders, sanders and planers were exported from Kenya; reducing by -37.4% against 2020. Over the period under review, exports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,790% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of in-hand motor grinders, sanders and planers reduced notably to $X in 2021. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 2,574%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

France (X units), Rwanda (X units) and Tanzania (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from Kenya, together comprising 89% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tanzania (with a CAGR of +13.8%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for electromechanical tools for working in the hand, with self-contained electric motor exports from Kenya, comprising 61% of total exports. The second position in the ranking was held by Rwanda ($X), with a 22% share of total exports. It was followed by Tanzania, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-6.9% per year) and Tanzania (+8.5% per year).

Export Prices by Country

The average export price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, jumping by 17% against the previous year. In general, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 103% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+57.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Kenya

In 2021, purchases abroad of in-hand motor grinders, sanders and planers decreased by -13.1% to X units for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by 133% against the previous year. Over the period under review, imports of attained the maximum at X units in 2020, and then dropped in the following year.

In value terms, imports of in-hand motor grinders, sanders and planers shrank dramatically to $X in 2021. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 61% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2020, and then dropped markedly in the following year.

Imports by Country

In 2021, China (X units) constituted the largest electromechanical tools for working in the hand, with self-contained electric motor supplier to Kenya, accounting for a 84% share of total imports. Moreover, imports of in-hand motor grinders, sanders and planers from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), sixfold. South Africa (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+10.1% per year) and South Africa (+42.3% per year).

In value terms, China ($X), the United Arab Emirates ($X) and South Africa ($X) appeared to be the largest electromechanical tools for working in the hand, with self-contained electric motor suppliers to Kenya, together comprising 96% of total imports.

South Africa, with a CAGR of +19.6%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average import price for in-hand motor grinders, sanders and planers amounted to $X per unit, dropping by -6% against the previous year. Overall, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 38% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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