Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya - 2022

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya (CIF) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya (FOB) - 2022
3. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya
4. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya (CIF) - 2022

In 2022, the average import price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $97,055 per unit, surging by 424% against the previous year. Over the period under review, the import price showed noticeable growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 1,099% against the previous year. The import price peaked at $363,150 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($628,403 per unit), while the price for India ($1,691 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+69.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya (FOB) - 2022

The average export price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $18,500 per unit in 2022, waning by -95.2% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 1,394%. As a result, the export price attained the peak level of $387,073 per unit, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($78,746 per unit), while the average price for exports to Somalia ($263 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+18.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya

In 2022, after two years of decline, there was significant growth in overseas purchases of vessels; other, including warships and lifeboats, other than rowing boatses, when their volume increased by 8.3% to 13 units. In general, imports, however, saw a abrupt decline. Imports peaked at 17 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses soared to $1.3M in 2022. Overall, imports, however, recorded a abrupt slump. Over the period under review, imports of hit record highs at $2.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Kenya in 2022:

1. Turkey (1.0 units)
2. United States (1.0 units)
3. Netherlands (1.0 units)
4. Singapore (1.0 units)
5. United Arab Emirates (1.0 units)
6. South Africa (1.0 units)
7. India (1.0 units)
8. France (1.0 units)
9. United Kingdom (1.0 units)
10. Australia (1.0 units)
11. China (1.0 units)
12. Japan (1.0 units)
13. Croatia (1.0 units)

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Kenya

In 2022, the amount of vessels; other, including warships and lifeboats, other than rowing boatses exported from Kenya shrank remarkably to 6 units, falling by -62.5% compared with 2021. Overall, exports faced a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 100%. As a result, the exports reached the peak of 16 units, and then contracted markedly in the following year.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses reduced rapidly to $111K in 2022. In general, exports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 2,888%. As a result, the exports reached the peak of $6.2M, and then plummeted in the following year.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from Kenya in 2022:

1. Tanzania (1.0 units)
2. Rwanda (1.0 units)
3. Mozambique (1.0 units)
4. Somalia (1.0 units)
5. Uganda (1.0 units)
6. South Sudan (1.0 units)

Source: IndexBox Market Intelligence Platform