Kenya: Fixed Carbon Resistor Market 2022

Fixed Carbon Resistor Market Size in Kenya

The Kenyan fixed carbon resistor market fell to $X in 2021, with a decrease of -8.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern. Fixed carbon resistor consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Fixed Carbon Resistor Exports

Exports from Kenya

After eight years of decline, overseas shipments of fixed carbon resistors, composition or film types and electrical variable resistors increased by 264% to X units in 2021. Overall, exports, however, saw a sharp contraction. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, fixed carbon resistor exports skyrocketed to $X in 2021. In general, exports saw a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Ethiopia (X units) was the main destination for fixed carbon resistor exports from Kenya, accounting for a 82% share of total exports. Moreover, fixed carbon resistor exports to Ethiopia exceeded the volume sent to the second major destination, France (X units), eightfold. Tunisia (X units) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume to Ethiopia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+400.0% per year) and Tunisia (0.0% per year).

In value terms, Ethiopia ($X) emerged as the key foreign market for fixed carbon resistor exports from Kenya, comprising 66% of total exports. The second position in the ranking was held by France ($X), with a 25% share of total exports. It was followed by Tunisia, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value to Ethiopia amounted to +91.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+179,900.0% per year) and Tunisia (0.0% per year).

Export Prices by Country

In 2021, the average fixed carbon resistor export price amounted to $X per unit, rising by 382% against the previous year. Overall, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Tanzania ($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 France (+46,592.6%), while the prices for the other major destinations experienced mixed trend patterns.

Fixed Carbon Resistor Imports

Imports into Kenya

Fixed carbon resistor imports into Kenya dropped to X units in 2021, which is down by -9.4% on 2020. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 368%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, fixed carbon resistor imports dropped to $X in 2021. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 195% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, India (X units) constituted the largest supplier of fixed carbon resistor to Kenya, with a 64% share of total imports. Moreover, fixed carbon resistor imports from India exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Australia (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.2% per year) and Australia (+33.1% per year).

In value terms, India ($X) constituted the largest supplier of fixed carbon resistor to Kenya, comprising 47% of total imports. The second position in the ranking was held by China ($X), with a 23% share of total imports. It was followed by the UK, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value from India totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.4% per year) and the UK (-15.5% per year).

Import Prices by Country

The average fixed carbon resistor import price stood at $X per unit in 2021, surging by 6.2% against the previous year. In general, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2018 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for Australia ($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 UK (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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