Kenya: Electrical Circuit Apparatus Market 2024

Electrical Circuit Apparatus Market Size in Kenya

For the third year in a row, the Kenyan electrical circuit apparatus market recorded decline in sales value, which decreased by X% to $X in 2021. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by X% against 2018 indices. Electrical circuit apparatus consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Electrical Circuit Apparatus Exports

Exports from Kenya

In 2021, approx. X units of electrical apparatus for circuit connection, switching and protection were exported from Kenya; rising by X% on 2020. Overall, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus exports surged to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Tanzania (X units), Uganda (X units) and Burundi (X units) were the main destinations of electrical circuit apparatus exports from Kenya, together comprising X% of total exports. Rwanda, Zambia, Ethiopia, Tunisia and Somalia lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the biggest increases were recorded for Tunisia (with a CAGR of X.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical circuit apparatus exported from Kenya were Tanzania ($X), Uganda ($X) and Ethiopia ($X), together comprising X% of total exports. Burundi, Rwanda, Tunisia, Zambia and Somalia lagged somewhat behind, together comprising a further X%.

Tunisia, with a CAGR of X.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical circuit apparatus export price stood at $X per unit in 2021, which is down by X% against the previous year. In general, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Uganda ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Circuit Apparatus Imports

Imports into Kenya

In 2021, electrical circuit apparatus imports into Kenya declined slightly to X units, waning by X% against 2020 figures. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, electrical circuit apparatus imports reached $X in 2021. Overall, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest electrical circuit apparatus supplier to Kenya, with a X% share of total imports. Moreover, electrical circuit apparatus imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. The UK (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the UK (X% per year).

In value terms, China ($X) constituted the largest supplier of electrical apparatus for circuit connection, switching and protection to Kenya, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the UK (X% per year).

Import Prices by Country

In 2021, the average electrical circuit apparatus import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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