Kenya: Computing Machinery Market 2024

Computing Machinery Market Size in Kenya

The Kenyan computing machinery market skyrocketed to $X in 2021, with an increase of 30% 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 showed a relatively flat trend pattern. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Computing Machinery Exports

Exports from Kenya

Computing machinery exports from Kenya dropped significantly to X tons in 2021, falling by -50% against 2020. Over the period under review, exports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2015 with an increase of 54%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, computing machinery exports contracted to $X in 2021. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 30% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons), the United Arab Emirates (X tons) and Italy (X tons) were the main destinations of computing machinery exports from Kenya, with a combined 80% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +71.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X) emerged as the key foreign market for computing machinery and parts and accessories thereof exports from Kenya, comprising 14% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 6.1% share of total exports. It was followed by Somalia, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania amounted to -21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-0.2% per year) and Somalia (-2.4% per year).

Export Prices by Country

The average computing machinery export price stood at $X per ton in 2021, with an increase of 84% against the previous year. Over the period under review, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 114% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Kenya

In 2021, computing machinery imports into Kenya surged to X tons, with an increase of 36% on 2020. Over the period under review, imports, however, saw a noticeable descent. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, computing machinery imports skyrocketed to $X in 2021. Overall, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% 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 +2.6% against 2017 indices. The pace of growth was the most pronounced in 2016 with an increase of 52% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), the UK (X tons) and the United States (X tons) were the main suppliers of computing machinery imports to Kenya, together comprising 19% of total imports. These countries were followed by Hong Kong SAR, the Netherlands, the Czech Republic, Norway, the United Arab Emirates, Belgium, Vietnam, Germany, Thailand and Denmark, which together accounted for a further 8.3%.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +70.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest computing machinery suppliers to Kenya, together comprising 10% of total imports. These countries were followed by the United States, China, the Czech Republic, Denmark, Germany, Belgium, Norway, Thailand, the United Arab Emirates and Vietnam, which together accounted for a further 11%.

Among the main suppliers, Norway, with a CAGR of +42.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average computing machinery import price stood at $X per ton in 2021, reducing by -7.9% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, computing machinery import price decreased by -10.4% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 51%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 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 Hong Kong SAR ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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