Kenya - Radio Receivers For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Radio Price in Kenya - 2021
Contents:
- Vehicle Radio Price in Kenya (CIF) - 2022
- Vehicle Radio Price in Kenya (FOB) - 2022
- Vehicle Radio Imports in Kenya
- Vehicle Radio Exports in Kenya
Vehicle Radio Price in Kenya (CIF) - 2022
The average vehicle radio import price stood at $104 per unit in 2022, shrinking by -14.2% against the previous year. In general, the import price, however, continues to indicate a slight increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 105% against the previous year. As a result, import price reached the peak level of $184 per unit. From 2018 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 Japan ($534 per unit), while the price for the UK ($43 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Vehicle Radio Price in Kenya (FOB) - 2022
The average vehicle radio export price stood at $5.6 per unit in 2022, which is down by -12.7% against the previous year. Overall, the export price recorded a sharp shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 295% against the previous year. As a result, the export price attained the peak level of $240 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -9.6% per year.
Vehicle Radio Imports in Kenya
In 2022, the amount of radio receivers for motor vehicles imported into Kenya surged to 16K units, picking up by 18% compared with 2021. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 429% against the previous year. As a result, imports attained the peak of 17K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, vehicle radio imports stood at $1.6M in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 307% against the previous year. As a result, imports reached the peak of $1.6M; afterwards, it flattened through to 2022.
| Import of Vehicle Radio in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 108 | 123 | 243 | 673 | 84.0% |
| United Kingdom | 1.0 | 1.9 | 156 | 431 | 655.4% |
| India | 1.4 | 9.9 | 21.6 | 265 | 474.2% |
| China | 234 | 1,437 | 1,105 | 58.6 | -37.0% |
| Others | 56.6 | 62.6 | 64.3 | 184 | 48.1% |
| Total | 402 | 1,634 | 1,590 | 1,612 | 58.9% |
Top Suppliers of Vehicle Radio to Kenya in 2022:
- United Kingdom (10.0K units)
- India (3.4K units)
- Japan (1.3K units)
- China (0.4K units)
Vehicle Radio Exports in Kenya
In 2022, the amount of radio receivers for motor vehicles exported from Kenya soared to 4.9K units, growing by 103% on 2021. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 4,106%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, vehicle radio exports skyrocketed to $27K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,836% against the previous year. As a result, the exports reached the peak of $39K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Vehicle Radio in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | 3.5 | 12.2 | 21.9 | 150.1% |
| Democratic Republic of the Congo | 0.7 | 10.4 | 1.5 | 2.4 | 50.8% |
| Switzerland | N/A | 13.6 | N/A | N/A | 0% |
| Others | 1.3 | 12.0 | 1.8 | 3.1 | 33.6% |
| Total | 2.0 | 39.5 | 15.5 | 27.5 | 139.6% |
Top Export Markets for Vehicle Radio from Kenya in 2022:
- Democratic Republic of the Congo (undefinedK units)
- Uganda (4.9K units)
This report provides an in-depth analysis of the vehicle radio 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 26401290 - Radio receivers for motor vehicles, n.e.c.
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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In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
724
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
878
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
724
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
