Kenya - Side Cars for Motorcycles & Cycles With Auxiliary Motors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Market for Cycles with Auxiliary Motors and Side Cars 2024
Market Size for Cycles with Auxiliary Motors and Side Cars in Kenya
In 2021, the Kenyan market for cycles with auxiliary motors and side cars decreased by -81.2% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption recorded a deep setback. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
Exports of Cycles with Auxiliary Motors and Side Cars
Exports from Kenya
In 2021, approx. X units of cycles with auxiliary motors and side cars were exported from Kenya; which is down by -80% against the year before. Overall, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by 143% against the previous year. Over the period under review, the exports of hit record highs at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
In value terms, exports of cycles with auxiliary motors and side cars contracted dramatically to $X in 2021. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 225%. As a result, the exports attained the peak of $X, and then contracted dramatically in the following year.
Exports by Country
Rwanda (X units) was the main destination for exports of cycles with auxiliary motors and side cars from Kenya, with a approx. 67% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Rwanda stood at +8.0%.
In value terms, Rwanda ($X) and Uganda ($X) were the largest markets for cycle with auxiliary motor and side car exported from Kenya worldwide.
Rwanda, with a CAGR of +18.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.
Export Prices by Country
The average export price for cycles with auxiliary motors and side cars stood at $X per unit in 2021, which is down by -35.1% against the previous year. In general, the export price, however, recorded a tangible expansion. The pace of growth appeared the most rapid in 2015 an increase of 132% against the previous year. The export price peaked at $X per unit in 2020, and then dropped rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per unit), while the average price for exports to Rwanda totaled $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles with Auxiliary Motors and Side Cars
Imports into Kenya
In 2021, overseas purchases of cycles with auxiliary motors and side cars decreased by -82.7% to X units, falling for the second consecutive year after three years of growth. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 2,600% against the previous year. Over the period under review, imports of reached the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, imports of cycles with auxiliary motors and side cars dropped sharply to $X in 2021. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 1,088% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X units) constituted the largest cycle with auxiliary motor and side car supplier to Kenya, with a 63% share of total imports. Moreover, imports of cycles with auxiliary motors and side cars from China exceeded the figures recorded by the second-largest supplier, Spain (X units), sixfold. The third position in this ranking was taken by the UK (X units), with a 5.7% share.
From 2012 to 2021, the average annual growth rate of volume from China stood at +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+10.4% per year) and the UK (-13.8% per year).
In value terms, the largest cycle with auxiliary motor and side car suppliers to Kenya were China ($X), the UK ($X) and Spain ($X), together comprising 26% of total imports.
China, with a CAGR of +16.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average import price for cycles with auxiliary motors and side cars stood at $X per unit in 2021, increasing by 83% against the previous year. Overall, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 256% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for cycle with auxiliary motor and side car 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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