Kenya: Full-Rotation Excavator Market 2025

Full-Rotation Excavator Market Size in Kenya

The Kenyan full-rotation excavator market shrank notably to $X in 2021, which is down by -90% 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). In general, consumption showed a significant contraction. As a result, consumption reached the peak level of $X, and then declined notably in the following year.

Full-Rotation Excavator Exports

Exports from Kenya

In 2021, the amount of self-propelled full-rotation excavators and bulldozers exported from Kenya fell to X units, with a decrease of -9.1% compared with the year before. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 200%. The exports peaked at X units in 2020, and then shrank in the following year.

In value terms, full-rotation excavator exports rose rapidly to $X in 2021. Over the period under review, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2018 when exports increased by 213% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Uganda (X units) was the main destination for full-rotation excavator exports from Kenya, accounting for a 70% share of total exports. Moreover, full-rotation excavator exports to Uganda exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uganda amounted to +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (0.0% per year) and Belgium (0.0% per year).

In value terms, Uganda ($X) remains the key foreign market for self-propelled full-rotation excavators and bulldozers exports from Kenya, comprising 45% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 16% share of total exports. It was followed by Belgium, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Uganda stood at +70.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+8.1% per year) and Belgium (+15.2% per year).

Export Prices by Country

In 2021, the average full-rotation excavator export price amounted to $X per unit, with an increase of 27% against the previous year. Overall, the export price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of 44%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Uganda ($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 the Netherlands (+106.0%), while the prices for the other major destinations experienced more modest paces of growth.

Full-Rotation Excavator Imports

Imports into Kenya

In 2021, after four years of growth, there was significant decline in supplies from abroad of self-propelled full-rotation excavators and bulldozers, when their volume decreased by -87.3% to X units. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 1,069% against the previous year. As a result, imports attained the peak of X units, and then declined dramatically in the following year.

In value terms, full-rotation excavator imports dropped markedly to $X in 2021. Overall, imports recorded a dramatic descent. The pace of growth appeared the most rapid in 2020 when imports increased by 810% against the previous year. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

The United Arab Emirates (X units), China (X units) and India (X units) were the main suppliers of full-rotation excavator imports to Kenya, with a combined 40% share of total imports. These countries were followed by South Africa, Japan, Thailand, South Korea, the United States and the UK, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +8.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest full-rotation excavator suppliers to Kenya were the United Arab Emirates ($X), China ($X) and South Korea ($X), with a combined 36% share of total imports. These countries were followed by India, Japan, Thailand, South Africa, the United States, the UK and the Netherlands, which together accounted for a further 33%.

Among the main suppliers, Thailand, with a CAGR of +4.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average full-rotation excavator import price stood at $X per unit in 2021, falling by -10% against the previous year. Overall, the import price recorded a pronounced descent. The pace of growth was the most pronounced in 2017 an increase of 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat 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 South Korea ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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