Report Update Nov 1, 2024

Kenya - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Railway Maintenance Vehicle Market 2024

Railway Maintenance Vehicle Market Size in Kenya

For the third year in a row, the Kenyan railway maintenance vehicle market recorded decline in sales value, which decreased by 0% to less than $X in 2021. Overall, consumption saw a dramatic downturn. The most prominent rate of growth was recorded in 2019 when the market value decreased by -55.7% against the previous year. Railway maintenance vehicle consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Railway Maintenance Vehicle Production in Kenya

In value terms, railway maintenance vehicle production contracted dramatically to $X in 2021 estimated in export price. In general, production showed a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 172%. Railway maintenance vehicle production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Railway Maintenance Vehicle Exports

Exports from Kenya

In 2019, approx. X units of railway or tramway maintenance or service vehicles were exported from Kenya; dropping by -92.9% compared with the previous year's figure. Overall, exports continue to indicate a sharp decrease. Over the period under review, the exports hit record highs at X units in 2018, and then fell markedly in the following year.

In value terms, railway maintenance vehicle exports reduced remarkably to $X in 2019. In general, exports showed a dramatic shrinkage. The exports peaked at $X in 2018, and then contracted notably in the following year.

Exports by Country

China (X units) was the main destination for railway maintenance vehicle exports from Kenya, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to China totaled -92.9%.

In value terms, China ($X) also remains the key foreign market for railway or tramway maintenance or service vehicles exports from Kenya.

From 2012 to 2019, the average annual rate of growth in terms of value to China amounted to -98.3%.

Export Prices by Country

The average railway maintenance vehicle export price stood at $X per unit in 2019, falling by -76% against the previous year. Overall, the export price continues to indicate a dramatic contraction. The export price peaked at $X per unit in 2018, and then fell markedly in the following year.

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

From 2018 to 2019, the rate of growth in terms of prices for China amounted to -76.0% per year.

Railway Maintenance Vehicle Imports

Imports into Kenya

In 2021, the amount of railway or tramway maintenance or service vehicles imported into Kenya fell dramatically to X units, dropping by -99.1% compared with the year before. In general, imports showed a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 6,200% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, railway maintenance vehicle imports declined remarkably to $X in 2021. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2015 when imports increased by 5,679% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) was the main supplier of railway maintenance vehicle to Kenya, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -7.4%.

In value terms, India ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to Kenya, comprising 62% of total imports. The second position in the ranking was taken by the United States ($X), with a 31% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India stood at -10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-19.8% per year) and China (-50.6% per year).

Import Prices by Country

The average railway maintenance vehicle import price stood at $X per unit in 2021, dropping by -83.4% against the previous year. Over the period under review, the import price saw a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 1,204%. As a result, import price attained the peak level of $X per unit. From 2014 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, amid the top importers, the country with the highest price was India ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway maintenance or service vehicles in the world?

The countries with the highest volumes of railway maintenance vehicle consumption in 2021 were Malaysia, the United States and Canada, together comprising 38% of global consumption. Switzerland, the Philippines, Japan, Belgium, Thailand, the United Arab Emirates, Qatar, Mozambique, the UK and Kazakhstan lagged somewhat behind, together comprising a further 35%.

What are the largest producers of railway or tramway maintenance or service vehicles in the world?

The United States remains the largest railway maintenance vehicle producing country worldwide, comprising approx. 38% of total volume. Moreover, railway maintenance vehicle production in the United States exceeded the figures recorded by the second-largest producer, Spain, twofold. Austria ranked third in terms of total production with a 15% share.

What are the leading suppliers of railway or tramway maintenance or service vehicles to Kenya?

In value terms, the United States constituted the largest supplier of railway maintenance vehicle to Kenya, comprising 66% of total imports. The second position in the ranking was occupied by Australia, with a 15% share of total imports. It was followed by India, with an 8.8% share.

What are the leading importers of railway or tramway maintenance or service vehicles from Kenya?

In value terms, China remains the key foreign market for railway maintenance vehicle exports from Kenya.

What is the average export price for railway or tramway maintenance or service vehicles in Kenya?

The average railway maintenance vehicle export price stood at $27,436 per unit in 2019, waning by -62.1% against the previous year.

What is the average import price for railway or tramway maintenance or service vehicles in Kenya?

The average railway maintenance vehicle import price stood at $18,388 per unit in 2021, which is down by -14.1% against the previous year.

This report provides an in-depth analysis of the railway maintenance vehicle 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 30203100 - Railway or tramway maintenance or service vehicles (including workshops, cranes, ballast tampers, track-liners, t esting coaches and track inspection vehicles)

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