Price for Electronic Integrated Circuits; Memories in Kenya - 2021

Contents:

  1. Price for Electronic Integrated Circuits; Memories in Kenya (CIF) - 2022
  2. Price for Electronic Integrated Circuits; Memories in Kenya (FOB) - 2022
  3. Imports of Electronic Integrated Circuits; Memories in Kenya
  4. Exports of Electronic Integrated Circuits; Memories in Kenya

Price for Electronic Integrated Circuits; Memories in Kenya (CIF) - 2022

In 2022, the average electronic integrated circuits; memories import price amounted to $9.5 per unit, reducing by -30.1% against the previous year. Overall, the import price, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2016 an increase of 153% against the previous year. As a result, import price reached the peak level of $24 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($32 per unit), while the price for China ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits; Memories in Kenya (FOB) - 2022

The average electronic integrated circuits; memories export price stood at $5.6 per unit in 2022, picking up by 46% against the previous year. Overall, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 548% against the previous year. Over the period under review, the average export prices attained the maximum at $49 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6.5 per unit), while the average price for exports to Germany ($4.7 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 Netherlands (-12.4%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Integrated Circuits; Memories in Kenya

In 2022, purchases abroad of electronic integrated circuits increased by 275% to 29K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a precipitous setback. Over the period under review, imports attained the peak figure at 153K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electronic integrated circuits; memories imports skyrocketed to $275K in 2022. In general, imports, however, showed a sharp slump. Over the period under review, imports attained the peak figure at $573K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electronic Integrated Circuits; Memories in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy250N/AN/A66.4-35.7%
Germany20.735.12.232.916.7%
United KingdomN/AN/A4.027.1577.5%
RomaniaN/A6.42.716.259.1%
Netherlands0.131.60.54.1244.8%
Switzerland0.93.36.03.963.0%
Cote d'IvoireN/A41.9N/AN/A0%
United Arab Emirates16.114737.8N/A53.2%
Others28518051.7125-24.0%
Total573446105275-21.7%

Top Suppliers of Electronic Integrated Circuits; Memories to Kenya in 2022:

  1. Germany (5.1K units)
  2. Romania (2.1K units)
  3. Italy (2.0K units)
  4. United Kingdom (1.1K units)
  5. Netherlands (0.6K units)
  6. Switzerland (0.3K units)

Exports of Electronic Integrated Circuits; Memories in Kenya

In 2022, after three years of growth, there was significant decline in shipments abroad of electronic integrated circuits, when their volume decreased by -35.3% to 4.3K units. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 228%. As a result, the exports attained the peak of 6.6K units, and then fell remarkably in the following year.

In value terms, electronic integrated circuits; memories exports dropped to $24K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.4% 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 +92.6% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 82% against the previous year. The exports peaked at $25K in 2021, and then declined in the following year.

Export of Electronic Integrated Circuits; Memories in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/A2.722.0714.8%
South KoreaN/A17.9N/AN/A0%
United Kingdom5.2N/AN/AN/A0%
Others7.14.622.51.8-36.7%
Total12.422.525.223.824.3%

Top Export Markets for Electronic Integrated Circuits; Memories from Kenya in 2022:

  1. Ukraine (3.9K units)

Source: IndexBox Market Intelligence Platform

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