Kenya: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2024

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Kenya

In 2022, the Kenyan electric oven and cooker market decreased by -10.6% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded a strong increase. Over the period under review, the market attained the maximum level at $X in 2021, and then fell in the following year.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Kenya

In 2022, electric oven and cooker exports from Kenya dropped rapidly to X units, waning by -34.6% against the year before. In general, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2015 with an increase of 370% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then contracted markedly in the following year.

In value terms, electric oven and cooker exports fell dramatically to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 431%. As a result, the exports reached the peak of $X, and then shrank sharply in the following year.

Exports by Country

The Netherlands (X units) was the main destination for electric oven and cooker exports from Kenya, with a 94% share of total exports. Moreover, electric oven and cooker exports to the Netherlands exceeded the volume sent to the second major destination, Rwanda (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled +161.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-10.0% per year) and Tanzania (-20.3% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Kenya, comprising 94% of total exports. The second position in the ranking was held by Rwanda ($X), with a 4.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +131.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-14.6% per year) and Tanzania (-23.0% per year).

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2022, falling by -9.2% against the previous year. In general, the export price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Rwanda ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+28.1%), while the prices for the other major destinations experienced a decline.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Kenya

After four years of growth, purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -9.2% to X units in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 78% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then reduced in the following year.

In value terms, electric oven and cooker imports declined to $X in 2022. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 50% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric oven and cooker to Kenya, with a 84% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +25.7%.

In value terms, Turkey ($X) and China ($X) appeared to be the largest electric oven and cooker suppliers to Kenya.

In terms of the main suppliers, China, with a CAGR of +27.1%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, dropping by -3.9% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 35%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Turkey ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%).

Source: IndexBox Platform

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