Report Kenya - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Kenya - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Fats Preparation Machinery Market 2024

Fats Preparation Machinery Market Size in Kenya

In 2022, the Kenyan fats preparation machinery market decreased by -29.2% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, showed a resilient increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Fats Preparation Machinery Exports

Exports from Kenya

In 2022, approx. X units of machinery for the extraction or preparation of animal or fixed vegetable fats or oils were exported from Kenya; with a decrease of -50% compared with 2021 figures. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of 100% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then dropped significantly in the following year.

In value terms, fats preparation machinery exports soared to $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,395%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Rwanda (X units) was the main destination for fats preparation machinery exports from Kenya, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Rwanda totaled +7.2%.

In value terms, Rwanda ($X) emerged as the key foreign market for machinery for the extraction or preparation of animal or fixed vegetable fats or oils exports from Kenya.

From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda totaled +46.0%.

Export Prices by Country

The average fats preparation machinery export price stood at $X per unit in 2022, rising by 780% against the previous year. In general, the export price showed a significant increase. The pace of growth appeared the most rapid in 2016 an increase of 1,395% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +150.6% per year.

Fats Preparation Machinery Imports

Imports into Kenya

In 2022, supplies from abroad of machinery for the extraction or preparation of animal or fixed vegetable fats or oils decreased by -37.4% to X units, falling for the second year in a row after two years of growth. Overall, imports, however, showed perceptible growth. The growth pace was the most rapid in 2017 when imports increased by 707%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, fats preparation machinery imports totaled $X in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 364% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), India (X units) and Italy (X units) were the main suppliers of fats preparation machinery imports to Kenya, together comprising 40% of total imports. Belgium, Malaysia, Spain and Bulgaria lagged somewhat behind, together comprising a further 7.7%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +34.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fats preparation machinery suppliers to Kenya were Malaysia ($X), Italy ($X) and India ($X), together comprising 39% of total imports. Belgium, China, Bulgaria and Spain lagged somewhat behind, together comprising a further 5.8%.

Among the main suppliers, Belgium, with a CAGR of +42.1%, saw the highest rates of growth with regard to 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 2022, the average fats preparation machinery import price amounted to $X per unit, surging by 62% against the previous year. Overall, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 151% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.7%), 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 machinery for the extraction or preparation of animal or fixed vegetable fats or oils in the world?

The countries with the highest volumes of in 2021 were China, Indonesia and the United States, together comprising 40% of global consumption. India, Italy, Japan, Germany, Pakistan, Brazil, France, Morocco, the UK and Mexico lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of machinery for the extraction or preparation of animal or fixed vegetable fats or oils in the world?

China remains the largest fats preparation machinery producing country worldwide, accounting for 22% of total volume. Moreover, fats preparation machinery production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 10% share.

What are the leading suppliers of machinery for the extraction or preparation of animal or fixed vegetable fats or oils to Kenya?

In value terms, the largest fats preparation machinery suppliers to Kenya were India, Germany and China, with a combined 87% share of total imports. These countries were followed by South Africa, which accounted for a further 7.2%.

What are the leading importers of machinery for the extraction or preparation of animal or fixed vegetable fats or oils from Kenya?

In value terms, Democratic Republic of the Congo remains the key foreign market for fats preparation machinery exports from Kenya.

What is the average export price for machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Kenya?

In 2021, the average fats preparation machinery export price amounted to $14 per unit, declining by -99.5% against the previous year.

What is the average import price for machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Kenya?

In 2021, the average fats preparation machinery import price amounted to $4,289 per unit, dropping by -29.1% against the previous year.

This report provides an in-depth analysis of the fats preparation machinery 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 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils

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