Kenya: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2025

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Kenya

In 2022, the Kenyan pneumatic tyre retreading machinery market decreased by -8.2% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, saw a measured increase. Pneumatic tyre retreading machinery consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in Kenya

In value terms, pneumatic tyre retreading machinery production stood at $X in 2022 estimated in export price. In general, production faced a dramatic decrease. The growth pace was the most rapid in 2020 when the production volume decreased by 99.9% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports from Kenya

In 2022, overseas shipments of machinery for moulding or retreading pneumatic tyres decreased by -33.3% to X units, falling for the third year in a row after two years of growth. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by 100% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, pneumatic tyre retreading machinery exports dropped to $X in 2022. Overall, exports, however, posted a strong expansion. The growth pace was the most rapid in 2018 with an increase of 247%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X units) and Rwanda (X units) were the main destinations of pneumatic tyre retreading machinery exports from Kenya.

From 2012 to 2022, the biggest increases were recorded for Uganda (with a CAGR of 0.0%).

In value terms, Rwanda ($X) remains the key foreign market for machinery for moulding or retreading pneumatic tyres exports from Kenya, comprising 94% of total exports. The second position in the ranking was held by Uganda ($X), with a 5.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda stood at +7.1%.

Export Prices by Country

In 2022, the average pneumatic tyre retreading machinery export price amounted to $X per unit, growing by 49% against the previous year. Overall, the export price enjoyed significant growth. The growth pace was the most rapid in 2018 when the average export price increased by 74%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per unit), while the average price for exports to Uganda totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+31.8%).

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports into Kenya

In 2022, after two years of growth, there was decline in purchases abroad of machinery for moulding or retreading pneumatic tyres, when their volume decreased by -4.4% to X units. In general, imports, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 729% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, pneumatic tyre retreading machinery imports declined significantly to $X in 2022. Overall, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2016 with an increase of 415% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X units) constituted the largest supplier of pneumatic tyre retreading machinery to Kenya, with a 64% share of total imports. Moreover, pneumatic tyre retreading machinery imports from India exceeded the figures recorded by the second-largest supplier, China (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.9% per year) and South Africa (-10.4% per year).

In value terms, India ($X) constituted the largest supplier of machinery for moulding or retreading pneumatic tyres to Kenya, comprising 58% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.6% per year) and South Africa (-13.6% per year).

Import Prices by Country

In 2022, the average pneumatic tyre retreading machinery import price amounted to $X per unit, which is down by -28.9% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 128% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 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 India ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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