Kenya - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Combined Refrigerator-Freezer Price in Kenya - 2021
Contents:
- Non-Combined Refrigerator-Freezer Price in Kenya (CIF) - 2022
- Non-Combined Refrigerator-Freezer Price in Kenya (FOB) - 2022
- Non-Combined Refrigerator-Freezer Imports in Kenya
- Non-Combined Refrigerator-Freezer Exports in Kenya
Non-Combined Refrigerator-Freezer Price in Kenya (CIF) - 2022
In 2022, the average non-combined refrigerator-freezer import price amounted to $209 per unit, increasing by 11% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-combined refrigerator-freezer import price decreased by -1.1% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 18%. Over the period under review, average import prices reached the maximum at $211 per unit in 2020; however, from 2021 to 2022, 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 Thailand ($463 per unit), while the price for China ($169 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Combined Refrigerator-Freezer Price in Kenya (FOB) - 2022
In 2022, the average non-combined refrigerator-freezer export price amounted to $129 per unit, shrinking by -21.9% against the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 66%. As a result, the export price reached the peak level of $383 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($268 per unit), while the average price for exports to Burundi ($29 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 Democratic Republic of the Congo (+27.4%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Combined Refrigerator-Freezer Imports in Kenya
In 2022, the amount of household refrigerators and freezers (not combined) imported into Kenya dropped modestly to 92K units, with a decrease of -4.3% on the year before. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 96K units, and then fell in the following year.
In value terms, non-combined refrigerator-freezer imports rose notably to $19M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Combined Refrigerator-Freezer in Kenya (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.1 | 8.8 | 10.6 | 11.9 | 18.8% |
India | 4.1 | 3.6 | 2.5 | 2.8 | -11.9% |
Thailand | 2.8 | 2.4 | 1.5 | 1.4 | -20.6% |
Indonesia | N/A | 0.1 | 0.4 | 1.0 | 216.2% |
Vietnam | 0.7 | 0.8 | 0.8 | 0.7 | 0.0% |
Others | 2.0 | 1.4 | 2.4 | 1.6 | -7.2% |
Total | 16.8 | 17.2 | 18.2 | 19.3 | 4.7% |
Top Suppliers of Non-Combined Refrigerator-Freezer to Kenya in 2022:
- China (70.5K units)
- India (9.4K units)
- Thailand (3.0K units)
- Indonesia (2.9K units)
- Vietnam (2.3K units)
Non-Combined Refrigerator-Freezer Exports in Kenya
Non-combined refrigerator-freezer exports from Kenya skyrocketed to 1.4K units in 2022, jumping by 37% against 2021. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, non-combined refrigerator-freezer exports stood at $180K in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 35%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
Export of Non-Combined Refrigerator-Freezer in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 27.4 | 54.0 | 84.3 | 118 | 62.7% |
South Sudan | 2.1 | 8.3 | 20.4 | 14.5 | 90.4% |
Burundi | 5.0 | 9.4 | 6.1 | 10.9 | 29.7% |
Democratic Republic of the Congo | 15.1 | 19.8 | 20.0 | 9.6 | -14.0% |
Tanzania | 38.5 | 11.5 | 3.9 | 7.4 | -42.3% |
Ethiopia | 7.6 | 1.5 | 2.9 | 3.8 | -20.6% |
Somalia | 2.5 | 1.5 | 0.4 | 2.0 | -7.2% |
Malawi | 2.5 | 4.1 | 6.9 | 1.9 | -8.7% |
Others | 16.8 | 14.8 | 23.7 | 12.1 | -10.4% |
Total | 118 | 125 | 169 | 180 | 15.1% |
Top Export Markets for Non-Combined Refrigerator-Freezer from Kenya in 2022:
- Rwanda (768.0 units)
- Burundi (371.0 units)
- Democratic Republic of the Congo (67.0 units)
- South Sudan (54.0 units)
- Tanzania (52.0 units)
- Ethiopia (16.0 units)
- Malawi (15.0 units)
- Somalia (9.0 units)
This report provides an in-depth analysis of the non-combined refrigerator-freezer 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 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
- Prodcom 27511135 - Compression-type built-in refrigerators
- Prodcom 27511150 - Chest freezers of a capacity . .800 litres
- Prodcom 27511170 - Upright freezers of a capacity . .900 litres
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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