Kenya: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Kenya

In 2021, the Kenyan centrifugal clothes-dryer market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, recorded a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Centrifugal Clothes-Dryer Production in Kenya

In value terms, centrifugal clothes-dryer production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the production volume increased by 64% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Kenya

For the third consecutive year, Kenya recorded decline in shipments abroad of centrifugal clothes-dryers, which decreased by -84% to X units in 2021. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2016 when exports increased by 271%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, centrifugal clothes-dryer exports reduced remarkably to $X in 2021. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 416%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Ghana (X units), Somalia (X units) and Rwanda (X units) were the main destinations of centrifugal clothes-dryer exports from Kenya, together comprising 75% 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 Rwanda (with a CAGR of -11.5%), while the other leaders experienced a decline.

In value terms, Rwanda ($X), Somalia ($X) and Tanzania ($X) were the largest markets for centrifugal clothes-dryer exported from Kenya worldwide, with a combined 89% share of total exports.

Rwanda, with a CAGR of +7.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average centrifugal clothes-dryer export price stood at $X per unit in 2021, with an increase of 72% against the previous year. In general, the export price recorded a resilient increase. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Somalia ($X per unit), while the average price for exports to Ghana ($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 Somalia (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Kenya

In 2021, supplies from abroad of centrifugal clothes-dryers was finally on the rise to reach X units after three years of decline. In general, imports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 289%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, centrifugal clothes-dryer imports shrank slightly to $X in 2021. Overall, imports, however, saw a pronounced decrease. The growth pace was the most rapid in 2017 with an increase of 308%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, South Korea (X units) constituted the largest supplier of centrifugal clothes-dryer to Kenya, with a 55% share of total imports. Moreover, centrifugal clothes-dryer imports from South Korea exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was held by India (X units), with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea totaled +153.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.2% per year) and India (+12.3% per year).

In value terms, South Korea ($X) constituted the largest supplier of centrifugal clothes-dryers to Kenya, comprising 57% of total imports. The second position in the ranking was held by India ($X), with a 16% share of total imports. It was followed by the United Arab Emirates, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea stood at +137.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+20.4% per year) and the United Arab Emirates (+9.3% per year).

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, which is down by -20.3% against the previous year. Over the period under review, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 86%. As a result, import price reached the peak level of $X per unit, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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