The Kenyan haulage and overhead crane market grows X% to $X in 2021, rising for the second year in a row after three consecutive years of declines. Overall, consumption has grown significantly. During the period under review, the market hit an all-time high of $X in 2016; however, from 2017 to 2021, consumption was at a lower level.
Overseas purchases of haulage cranes, gantry crane and overhead cranes increased by X% to X units in 2021, increasing for the second consecutive year after three years of decline. Overall, imports have grown significantly. The growth rate was most pronounced in 2014, with an X% increase over the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports have remained low.
Imports of transporters and overhead cranes soar to $X by value in 2021. During the period under review, there was a significant increase in imports. The growth rate was most notable in 2014, when imports increased by X% over the previous year. As a result, imports peaked at X dollars. Import growth momentum failed to recover from 2015 to 2021.
In 2021, Jepang (X units) is the leading supplier of transport cranes and overhead cranes in Kenya, accounting for X% of total imports. In addition, transport cranes and overhead cranes imported from Japan were more than ten times higher than the figures recorded by the second largest supplier, Italia (X units).
From 2012 to 2021, the average annual growth rate of sales from Japan is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Italy (X% per annum) and Turki (+X% per annum).
Japan ($X) is Kenya's largest supplier of transport and overhead cranes by value, accounting for X% of total imports. In second place is Turkey ($X) with X% of total imports.
From 2012 to 2021, the average annual growth rate of values from Japan is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Turkey (+X% per annum) and Italy (+X% per annum).
Japan is Kenya's largest supplier of transport aircraft and overhead cranes by value, accounting for 98% of total imports. In second place was Turkey, which accounted for 1.2% of total imports.
In 2021, the average import price of transport cranes and overhead cranes will be $27,303 per unit, down -61% from the previous year.
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