Kenya: Electrical Circuit Apparatus Market 2022

Electrical Circuit Apparatus Market Size in Kenya

For the third consecutive year, the Kenyan electrical circuit apparatus market recorded decline in sales value, which decreased by -1.4% to $X in 2021. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.5% 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 -15.5% against 2018 indices. Electrical circuit apparatus consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Electrical Circuit Apparatus Exports

Exports from Kenya

In 2021, approx. X tons of electrical apparatus for circuit connection, switching and protection were exported from Kenya; growing by 116% on the previous year's figure. Overall, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus exports skyrocketed to $X in 2021. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Tanzania (X tons), Uganda (X tons) and Burundi (X tons) were the main destinations of electrical circuit apparatus exports from Kenya, together accounting for 70% of total exports. Rwanda, Zambia, Ethiopia, Tunisia and Somalia lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were in Tunisia (with a CAGR of +1,043.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), Uganda ($X) and Ethiopia ($X) appeared to be the largest markets for electrical circuit apparatus exported from Kenya worldwide, together accounting for 53% of total exports. These countries were followed by Burundi, Rwanda, Tunisia, Zambia and Somalia, which together accounted for a further 34%.

Tunisia, with a CAGR of +1,443.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average electrical circuit apparatus export price amounted to $X per ton, declining by -19.5% against the previous year. In general, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of 37%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Uganda ($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 Tunisia (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Circuit Apparatus Imports

Imports into Kenya

In 2021, the amount of electrical apparatus for circuit connection, switching and protection imported into Kenya contracted modestly to X tons, waning by -3.7% on 2020. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.9% 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 +34.7% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 59%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, electrical circuit apparatus imports totaled $X in 2021. Overall, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% 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 decreased by -20.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 40% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest electrical circuit apparatus supplier to Kenya, with a 87% share of total imports. Moreover, electrical circuit apparatus imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The UK (X tons) ranked third in terms of total imports with a 0.6% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-6.5% per year) and the UK (-15.7% per year).

In value terms, China ($X) constituted the largest supplier of electrical circuit apparatus to Kenya, comprising 68% of total imports. The second position in the ranking was held by India ($X), with an 11% share of total imports. It was followed by the UK, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-4.1% per year) and the UK (-13.6% per year).

Import Prices by Country

The average electrical circuit apparatus import price stood at $X per ton in 2021, increasing by 4.3% against the previous year. Overall, the import price, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2018 an increase of 5.1% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) 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 (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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