Report Update Nov 1, 2024

Kenya - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Kenya

In 2021, the Kenyan wood milling machine market increased by 151% to $X, rising for the second year in a row after three years of decline. In general, consumption saw a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wood Milling Machine Exports

Exports from Kenya

In 2021, the amount of planing, milling or moulding machines exported from Kenya soared to X units, growing by 100% against 2020 figures. In general, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood milling machine exports surged to $X in 2021. Overall, exports, however, showed a significant decrease. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for wood milling machine exports from Kenya, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Democratic Republic of the Congo amounted to -9.7%.

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for planing, milling or moulding machines exports from Kenya, comprising 79% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 7.2% share of total exports. It was followed by Uganda, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value to Democratic Republic of the Congo totaled -19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-45.9% per year) and Uganda (-48.2% per year).

Export Prices by Country

In 2021, the average wood milling machine export price amounted to $X per unit, surging by 84% against the previous year. Overall, the export price, however, continues to indicate a precipitous shrinkage. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+11.3%), while the prices for the other major destinations experienced a decline.

Wood Milling Machine Imports

Imports into Kenya

In 2021, imports of planing, milling or moulding machines into Kenya soared to X units, increasing by 204% on the year before. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood milling machine imports surged to $X in 2021. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 117% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of wood milling machine to Kenya, with a 96% share of total imports. It was followed by the UK (X units), with a 1.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +61.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-0.9% per year) and Turkey (-27.5% per year).

In value terms, China ($X) constituted the largest supplier of planing, milling or moulding machines to Kenya, comprising 60% of total imports. The second position in the ranking was held by the UK ($X), with a 6.6% share of total imports. It was followed by Turkey, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +46.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-4.3% per year) and Turkey (+5.8% per year).

Import Prices by Country

In 2021, the average wood milling machine import price amounted to $X per unit, reducing by -51.7% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 199% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+79.8%), 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 planing, milling or moulding machines in the world?

The country with the largest volume of wood milling machine consumption was South Africa, accounting for 46% of total volume. Moreover, wood milling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The United States ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of planing, milling or moulding machines in the world?

China remains the largest wood milling machine producing country worldwide, accounting for 45% of total volume. Moreover, wood milling machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), threefold. Japan ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of planing, milling or moulding machines to Kenya?

In value terms, China constituted the largest supplier of wood milling machine to Kenya, comprising 60% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 5.1% share of total imports. It was followed by Belgium, with a 4.2% share.

What are the leading importers of planing, milling or moulding machines from Kenya?

In value terms, Tanzania $437) remains the key foreign market for wood milling machine exports from Kenya.

What is the average export price for planing, milling or moulding machines in Kenya?

In 2021, the average wood milling machine export price amounted to $39 per unit, picking up by 110% against the previous year.

What is the average import price for planing, milling or moulding machines in Kenya?

In 2021, the average wood milling machine import price amounted to $251 per unit, reducing by -19.5% against the previous year.

This report provides an in-depth analysis of the wood milling machine 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 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials

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