Kenya - Inductors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInductor Price in Kenya - 2022
Contents:
- Inductor Price in Kenya (CIF) - 2022
- Inductor Price in Kenya (FOB) - 2022
- Inductor Imports in Kenya
- Inductor Exports in Kenya
Inductor Price in Kenya (CIF) - 2022
In 2022, the average inductor import price amounted to $1.1 per unit, waning by -5.3% against the previous year. In general, the import price, however, continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2021 an increase of 118%. The import price peaked at $3.5 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 Austria ($3.2 per unit), while the price for Turkey ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Inductor Price in Kenya (FOB) - 2022
In 2022, the average inductor export price amounted to $0.8 per unit, picking up by 303% against the previous year. In general, the export price enjoyed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($1.1 per unit), while the average price for exports to South Sudan ($0.6 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 Uganda (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Inductor Imports in Kenya
Inductor imports into Kenya soared to 3.7M units in 2022, growing by 56% compared with the previous year. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 427%. As a result, imports reached the peak of 5.5M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, inductor imports soared to $3.9M in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 92%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Inductor in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 878 | 977 | 1,496 | 1,912 | 29.6% |
Austria | 13.9 | 1.0 | 2.4 | 551 | 241.0% |
India | 70.8 | 738 | 139 | 543 | 97.2% |
Hong Kong SAR | 0.3 | 0.6 | 0.5 | 79.3 | 541.8% |
United Kingdom | 24.3 | 126 | 67.2 | 57.9 | 33.6% |
South Africa | 77.7 | 349 | 252 | 38.9 | -20.6% |
Turkey | 2.5 | 4.1 | 2.9 | 27.1 | 121.3% |
Czech Republic | 0.7 | 1.3 | 1.1 | 14.5 | 174.6% |
Malta | N/A | 9.1 | N/A | N/A | 0% |
Others | 404 | 619 | 708 | 714 | 20.9% |
Total | 1,472 | 2,824 | 2,669 | 3,937 | 38.8% |
Top Suppliers of Inductor to Kenya in 2022:
- China (1560.5K units)
- India (913.7K units)
- Turkey (381.0K units)
- Austria (173.8K units)
- Hong Kong SAR (157.3K units)
- United Kingdom (109.3K units)
- Czech Republic (92.2K units)
- South Africa (45.4K units)
Inductor Exports in Kenya
In 2022, shipments abroad of inductors decreased by -99.8% to 3.7K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,754%. As a result, the exports attained the peak of 2M units, and then reduced dramatically in the following year.
In value terms, inductor exports shrank dramatically to $2.8K in 2022. Overall, exports recorded a significant decline. The pace of growth was the most pronounced in 2021 when exports increased by 1,806% against the previous year. As a result, the exports reached the peak of $384K, and then dropped remarkably in the following year.
Export of Inductor in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 1.3 | 0.7 | 2.7 | 1.2 | -2.6% |
Somalia | 0.1 | 0.1 | 0.5 | 0.8 | 100.0% |
South Sudan | 0.5 | 0.1 | 0.1 | 0.7 | 11.9% |
China | 0.2 | 5.4 | 38.0 | N/A | 1278.4% |
United States | 5.1 | 11.0 | 292 | N/A | 656.7% |
Others | 6.5 | 2.9 | 51.4 | 0.2 | -68.7% |
Total | 13.8 | 20.2 | 384 | 2.8 | -41.2% |
Top Export Markets for Inductor from Kenya in 2022:
- Rwanda (1802.0 units)
- South Sudan (1177.0 units)
- Somalia (733.0 units)
This report provides an in-depth analysis of the inductor 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 27115080 - Inductors (excluding induction coils, deflection coils for cathode-ray tubes, for discharge lamps and tubes)
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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