Kenya: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Kenya

In 2021, the Kenyan positive displacement pump market increased by 5.9% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, saw a deep reduction. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Positive Displacement Pump Exports

Exports from Kenya

In 2021, the amount of positive displacement pumps and hand pumps exported from Kenya contracted notably to X units, reducing by -59.2% against the previous year's figure. Over the period under review, exports continue to indicate a mild contraction. The growth pace was the most rapid in 2015 with an increase of 553%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, positive displacement pump exports reduced sharply to $X in 2021. In general, exports, however, enjoyed a modest expansion. The pace of growth appeared the most rapid in 2015 with an increase of 545% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Mozambique (X units), Tanzania (X units) and South Sudan (X units) were the main destinations of positive displacement pump exports from Kenya, together comprising 61% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of +65.4%), while the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X) emerged as the key foreign market for positive displacement pumps and hand pumps exports from Kenya, comprising 42% of total exports. The second position in the ranking was held by Tanzania ($X), with a 16% share of total exports. It was followed by South Sudan, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mozambique amounted to +85.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+10.7% per year) and South Sudan (-11.5% per year).

Export Prices by Country

In 2021, the average positive displacement pump export price amounted to $X per unit, with an increase of 61% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Rwanda ($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 Mozambique (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Positive Displacement Pump Imports

Imports into Kenya

In 2021, supplies from abroad of positive displacement pumps and hand pumps increased by 11% to X units, rising for the second year in a row after three years of decline. Overall, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 114% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, positive displacement pump imports dropped notably to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X units) constituted the largest positive displacement pump supplier to Kenya, accounting for a 50% share of total imports. Moreover, positive displacement pump imports from India exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Mozambique (X units) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-21.7% per year) and Mozambique (+99.6% per year).

In value terms, India ($X), Tanzania ($X) and China ($X) appeared to be the largest positive displacement pump suppliers to Kenya, together accounting for 75% of total imports. Mozambique, the Netherlands, Germany and Singapore lagged somewhat behind, together accounting for a further 12%.

Mozambique, with a CAGR of +47.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average positive displacement pump import price amounted to $X per unit, reducing by -25.1% against the previous year. Overall, the import price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2017 an increase of 235% against the previous year. The import price peaked at $X per unit in 2020, and then fell significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Tanzania ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :