Kenya: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Kenya

The Kenyan non-numerically controlled sharpening machine market fell significantly to $X in 2022, waning by -29.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a strong expansion. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Kenya

After two years of growth, overseas shipments of non-numerically controlled sharpening machines for working metal decreased by -43.8% to X units in 2022. Over the period under review, exports, however, saw slight growth. The growth pace was the most rapid in 2013 with an increase of 450%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine exports reduced to $X in 2022. Overall, exports, however, recorded notable growth. The pace of growth was the most pronounced in 2013 with an increase of 517%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Uganda (X units) was the main destination for non-numerically controlled sharpening machine exports from Kenya, accounting for a 44% share of total exports. Moreover, non-numerically controlled sharpening machine exports to Uganda exceeded the volume sent to the second major destination, Somalia (X units), fourfold. Rwanda (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uganda amounted to +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (0.0% per year) and Rwanda (0.0% per year).

In value terms, Uganda ($X), Rwanda ($X) and South Africa ($X) constituted the largest markets for non-numerically controlled sharpening machine exported from Kenya worldwide, together accounting for 91% of total exports.

Uganda, with a CAGR of +33.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-numerically controlled sharpening machine export price amounted to $X per unit, jumping by 77% against the previous year. Over the period under review, the export price enjoyed moderate growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 114% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per unit), while the average price for exports to Somalia ($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 Uganda (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Kenya

Non-numerically controlled sharpening machine imports into Kenya reduced dramatically to X units in 2022, with a decrease of -30.8% against the previous year's figure. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 480%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine imports contracted markedly to $X in 2022. Overall, imports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2018 with an increase of 251% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest non-numerically controlled sharpening machine supplier to Kenya, with a 72% share of total imports. Moreover, non-numerically controlled sharpening machine imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fivefold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +47.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+52.5% per year) and the United Arab Emirates (-3.2% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to Kenya, comprising 28% of total imports. The second position in the ranking was taken by Turkey ($X), with a 9.5% share of total imports. It was followed by India, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+52.4% per year) and India (-9.7% per year).

Import Prices by Country

In 2022, the average non-numerically controlled sharpening machine import price amounted to $X per unit, picking up by 3.6% against the previous year. Over the period under review, the import price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2019 an increase of 57% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 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 India ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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