Kenya: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Kenya

In 2021, the Kenyan market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 108% to $X, rising for the second year in a row after two years of decline. Overall, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from Kenya

In 2021, overseas shipments of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) decreased by -29.5% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 220% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) fell remarkably to $X in 2021. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of 350%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Kenya, accounting for a 254% share of total exports. Moreover, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) to the Netherlands exceeded the volume sent to the second major destination, Tanzania (X tons), sixfold. The third position in this ranking was held by South Sudan (X tons), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+53.3% per year) and South Sudan (+52.6% per year).

In value terms, Tanzania ($X), South Sudan ($X) and Uganda ($X) constituted the largest markets for internal combustion engine (excl. diesel, moto vehicle and aircraft) exported from Kenya worldwide, with a combined 70% share of total exports.

Among the main countries of destination, Tanzania, with a CAGR of +55.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per ton, which is down by -30.8% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 93%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was South Sudan ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into Kenya

In 2021, overseas purchases of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 142% to X tons, rising for the second year in a row after two years of decline. In general, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) rose markedly to $X in 2021. Overall, imports enjoyed a moderate increase. The growth pace was the most rapid in 2017 with an increase of 77%. Over the period under review, imports of hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of internal combustion engine (excl. diesel, moto vehicle and aircraft) to Kenya, with a 36% share of total imports. Moreover, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +26.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+10.4% per year) and the United Arab Emirates (+36.0% per year).

In value terms, Japan ($X), China ($X) and Uganda ($X) constituted the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) suppliers to Kenya, with a combined 87% share of total imports.

In terms of the main suppliers, Uganda, with a CAGR of +103.9%, recorded the highest growth rate of the value of imports, 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 internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per ton, with a decrease of -53.2% against the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2017 when the average import price increased by 49%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uganda (+12.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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