Report Update Nov 1, 2024

Kenya - Numerically Controlled Drilling Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in Kenya

The Kenyan numerically controlled drilling machine market expanded rapidly to $X in 2021, increasing by 14% 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 saw significant growth. Numerically controlled drilling machine consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Kenya

In 2021, shipments abroad of numerically controlled drilling machines for working metal decreased by -6.7% to X kg, falling for the fourth consecutive year after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 1,538% against the previous year. As a result, the exports reached the peak of X kg. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, numerically controlled drilling machine exports totaled $X in 2021. In general, exports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 860% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Tanzania (X kg) was the main destination for numerically controlled drilling machine exports from Kenya, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Tanzania stood at +2.7%.

In value terms, Tanzania ($X) also remains the key foreign market for numerically controlled drilling machines for working metal exports from Kenya.

From 2012 to 2021, the average annual growth rate of value to Tanzania was relatively modest.

Export Prices by Country

The average numerically controlled drilling machine export price stood at $X per ton in 2021, increasing by 8.2% against the previous year. Overall, the export price, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 126%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Tanzania amounted to -2.8% per year.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Kenya

In 2021, numerically controlled drilling machine imports into Kenya surged to X tons, picking up by 23% compared with the previous year. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 1,001%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, numerically controlled drilling machine imports declined to $X in 2021. Overall, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of 922% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest numerically controlled drilling machine supplier to Kenya, accounting for a 63% share of total imports. Moreover, numerically controlled drilling machine imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X kg), fourfold. The UK (X kg) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +60.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+42.6% per year) and the UK (+43.8% per year).

In value terms, China ($X) constituted the largest supplier of numerically controlled drilling machines for working metal to Kenya, comprising 61% of total imports. The second position in the ranking was taken by the UK ($X), with a 13% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+24.9% per year) and the United States (+14.5% per year).

Import Prices by Country

In 2021, the average numerically controlled drilling machine import price amounted to $X per ton, waning by -27.8% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 29%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for numerically controlled drilling machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, the United States and Taiwan Chinese), together accounting for 33% of global consumption.

What are the largest producers of numerically controlled drilling machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, the Netherlands and the United States, with a combined 32% share of global production.

What are the leading suppliers of numerically controlled drilling machines for working metal to Kenya?

In value terms, China constituted the largest supplier of numerically controlled drilling machine to Kenya, comprising 69% of total imports. The second position in the ranking was occupied by the UK, with a 14% share of total imports.

What is the average import price for numerically controlled drilling machines for working metal in Kenya?

The average numerically controlled drilling machine import price stood at $15,499 per ton in 2021, increasing by 52% against the previous year.

This report provides an in-depth analysis of the market for numerically controlled drilling machine 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)

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