Report Update: Apr 1, 2024

Kenya - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends And Insights

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Percussion Musical Instrument Price in Kenya - 2021

Percussion Musical Instrument Price in Kenya (CIF) - 2022

The average percussion musical instrument import price stood at $25 per unit in 2022, picking up by 5.3% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, percussion musical instrument import price decreased by -28.9% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of 89% against the previous year. Over the period under review, average import prices reached the maximum at $39 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Thailand ($196 per unit), while the price for China ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.9%), while the prices for the other major suppliers experienced a decline.

Percussion Musical Instrument Price in Kenya (FOB) - 2022

In 2022, the average percussion musical instrument export price amounted to $20 per unit, jumping by 18% against the previous year. In general, the export price posted a prominent increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 44%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($34 per unit), while the average price for exports to France ($2 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 the United Arab Emirates (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Percussion Musical Instrument Imports in Kenya

In 2022, the amount of percussion musical instruments imported into Kenya dropped remarkably to 11K units, declining by -37.5% on the previous year's figure. Over the period under review, imports saw a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by 307% against the previous year. As a result, imports attained the peak of 18K units, and then declined significantly in the following year.

In value terms, percussion musical instrument imports shrank rapidly to $292K in 2022. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 216% against the previous year. As a result, imports attained the peak of $444K, and then shrank sharply in the following year.

Import of Percussion Musical Instrument in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	223	94.8	270	164	-9.7%
United Arab Emirates	15.2	N/A	89.8	49.1	47.8%
Thailand	13.3	20.3	37.0	22.4	19.0%
Burundi	58.9	N/A	N/A	22.1	-27.9%
Others	21.1	25.3	46.9	34.7	18.0%
Total	331	140	444	292	-4.1%

Top Suppliers of Percussion Musical Instrument to Kenya in 2022:

Burundi (undefinedK units)
China (9.9K units)
United Arab Emirates (0.9K units)
Thailand (0.1K units)

Percussion Musical Instrument Exports in Kenya

Percussion musical instrument exports from Kenya reduced sharply to 2.3K units in 2022, falling by -44.6% compared with the previous year's figure. Overall, exports, however, continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2021 with an increase of 127% against the previous year. As a result, the exports reached the peak of 4.2K units, and then plummeted in the following year.

In value terms, percussion musical instrument exports shrank dramatically to $47K in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 226% against the previous year. As a result, the exports attained the peak of $72K, and then fell markedly in the following year.

Export of Percussion Musical Instrument in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1.9	6.0	31.8	21.8	125.5%
Burundi	14.0	10.5	0.5	7.2	-19.9%
Germany	0.1	N/A	14.7	6.1	293.6%
Somalia	1.3	2.3	7.6	3.7	41.7%
United Arab Emirates	0.1	0.1	4.6	1.9	166.8%
United Kingdom	0.1	0.2	0.4	1.3	135.1%
Portugal	N/A	0.1	0.5	0.5	123.6%
Others	2.1	2.8	11.8	4.5	28.9%
Total	19.6	22.0	71.9	46.9	33.8%

Top Export Markets for Percussion Musical Instrument from Kenya in 2022:

Germany (786.0 units)
United States (638.0 units)
Burundi (273.0 units)
United Arab Emirates (193.0 units)
Portugal (128.0 units)
Somalia (108.0 units)
United Kingdom (104.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the percussion musical instrument 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 32201510 - Percussion musical instruments

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023