Report Update Nov 1, 2024

Kenya - Accordions and Mouth Organs - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Accordion Market 2024

Accordion Market Size in Kenya

The Kenyan accordion market soared to $X in 2021, rising by 392% 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). Overall, consumption posted a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Accordion Exports

Exports from Kenya

In 2021, after three years of decline, there was significant growth in overseas shipments of accordions and mouth organs, when their volume increased by 3,233% to X units. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, accordion exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units), Tanzania (X units) and Cote d'Ivoire (X units) were the main destinations of accordion exports from Kenya, together comprising 61% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +137.8%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for accordions and mouth organs exports from Kenya, comprising 46% of total exports. The second position in the ranking was held by Uganda ($X), with a 2.7% share of total exports. It was followed by Cote d'Ivoire, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +56.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+29.0% per year) and Cote d'Ivoire (+39.7% per year).

Export Prices by Country

In 2021, the average accordion export price amounted to $X per unit, flattening at the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 160% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Uganda ($X per unit), while the average price for exports to Tanzania ($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 Uganda (-5.4%), while the prices for the other major destinations experienced a decline.

Accordion Imports

Imports into Kenya

In 2021, accordion imports into Kenya surged to X units, jumping by 321% against the previous year's figure. In general, imports showed a remarkable increase. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, accordion imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of accordion to Kenya, accounting for a 44% share of total imports. Moreover, accordion imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), twofold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+46.5% per year) and the United Arab Emirates (+4.3% per year).

In value terms, China ($X) constituted the largest supplier of accordions and mouth organs to Kenya, comprising 74% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by the United Arab Emirates, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+58.1% per year) and the United Arab Emirates (+1.7% per year).

Import Prices by Country

In 2021, the average accordion import price amounted to $X per unit, jumping by 31% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for accordions and mouth organs in the world?

El Salvador constituted the country with the largest volume of accordion consumption, accounting for 28% of total volume. Moreover, accordion consumption in El Salvador exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by China, with a 11% share.

What are the largest producers of accordions and mouth organs in the world?

China remains the largest accordion producing country worldwide, accounting for 53% of total volume. Moreover, accordion production in China exceeded the figures recorded by the second-largest producer, Indonesia, sixfold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the leading suppliers of accordions and mouth organs to Kenya?

In value terms, China constituted the largest supplier of accordion to Kenya, comprising 73% of total imports. The second position in the ranking was occupied by the U.S., with a 15% share of total imports.

What are the leading importers of accordions and mouth organs from Kenya?

In value terms, Cote d'Ivoire $149) remains the key foreign market for accordion exports from Kenya, comprising 97% of total exports. The second position in the ranking was occupied by Rwanda $5), with a 3.2% share of total exports.

What is the average export price for accordions and mouth organs in Kenya?

The average accordion export price stood at $4.9 per unit in 2020, falling by -65.9% against the previous year.

What is the average import price for accordions and mouth organs in Kenya?

The average accordion import price stood at $1.3 per unit in 2020, declining by -76.1% against the previous year.

This report provides an in-depth analysis of the accordion 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 32201340 - Accordions and similar instruments, mouth organs

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023