Kenya: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Kenya

The Kenyan optical fiber and bundle market shrank significantly to $X in 2022, declining by X% 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). Over the period under review, consumption continues to indicate a abrupt decrease. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Optical Fibers and Bundles

Exports from Kenya

Optical fiber and bundle exports from Kenya surged to X tons in 2022, jumping by X% compared with 2021 figures. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, optical fiber and bundle exports soared to $X in 2022. Overall, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Zambia (X tons) was the main destination for optical fiber and bundle exports from Kenya, accounting for a X% share of total exports. It was followed by Democratic Republic of the Congo (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Zambia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Tanzania (X% per year).

In value terms, Zambia ($X) emerged as the key foreign market for optical fibers and bundles exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Zambia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

The average optical fiber and bundle export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price faced a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then fell significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Optical Fibers and Bundles

Imports into Kenya

In 2022, overseas purchases of optical fibers and bundles increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, optical fiber and bundle imports soared to $X in 2022. Overall, imports posted pronounced growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest optical fiber and bundle supplier to Kenya, accounting for a X% share of total imports. Moreover, optical fiber and bundle imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Ethiopia (X% per year).

In value terms, India ($X) constituted the largest supplier of optical fibers and bundles to Kenya, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Ethiopia (X% per year).

Import Prices by Country

The average optical fiber and bundle import price stood at $X per ton in 2022, surging by X% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical fiber and bundle import price decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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