Kenya: Totaliser Market 2024

Totaliser Market Size in Kenya

The Kenyan totaliser market reduced to $X in 2021, shrinking by -4.9% against the previous year. Overall, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -21.1% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Totaliser Production in Kenya

In value terms, totaliser production reduced to $X in 2021 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +3.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 78% against the previous year. Totaliser production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Totaliser Exports

Exports from Kenya

In 2021, after five years of decline, there was decline in overseas shipments of continuous and discontinuous totalisers, when their volume decreased by 0% to X units. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 12,800% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, totaliser exports shrank to $X in 2021. Overall, exports saw a noticeable expansion. The pace of growth appeared the most rapid in 2013 with an increase of 11,644%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mozambique (X units) was the main destination for totaliser exports from Kenya, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Mozambique was relatively modest.

In value terms, Mozambique ($X) remains the key foreign market for continuous and discontinuous totalisers exports from Kenya, comprising 40% of total exports. The second position in the ranking was taken by Somalia ($X), with a 2.8% share of total exports. It was followed by South Sudan, with a 0.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mozambique totaled -35.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+4.3% per year) and South Sudan (-25.8% per year).

Export Prices by Country

The average totaliser export price stood at $X per unit in 2021, which is down by -13.5% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 188% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was South Sudan ($X per unit), while the average price for exports to Uganda ($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 (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.

Totaliser Imports

Imports into Kenya

In 2021, totaliser imports into Kenya dropped to X units, which is down by -12.8% against 2020. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 847%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, totaliser imports reached $X in 2021. Overall, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 682% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units) and India (X units) were the main suppliers of totaliser imports to Kenya.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +5.0%).

In value terms, China ($X) constituted the largest supplier of continuous and discontinuous totalisers to Kenya, comprising 12% of total imports. The second position in the ranking was taken by India ($X), with a 3.2% share of total imports. It was followed by South Africa, with a 0.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-22.9% per year) and South Africa (-29.4% per year).

Import Prices by Country

In 2021, the average totaliser import price amounted to $X per unit, with an increase of 18% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 120%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per unit), while the price for India ($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 United Arab Emirates (+80.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :