Kenya: Medical Instruments Market 2024

Medical Instruments Market Size in Kenya

The Kenyan medical instruments market declined to $X in 2022, which is down by -6.7% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Medical instruments consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Medical Instruments Production in Kenya

In value terms, medical instruments production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced decrease. The growth pace was the most rapid in 2019 with an increase of 68%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Medical Instruments Exports

Exports from Kenya

In 2022, medical instruments exports from Kenya soared to X tons, with an increase of 35% compared with the year before. Overall, exports continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2020 when exports increased by 236% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, medical instruments exports reduced remarkably to $X in 2022. Over the period under review, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 129% against the previous year. As a result, the exports reached the peak of $X, and then contracted markedly in the following year.

Exports by Country

South Sudan (X tons), Somalia (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of medical instruments exports from Kenya, together comprising 53% of total exports. Comoros, Rwanda, Uganda, Tanzania, Mozambique and South Africa lagged somewhat behind, together comprising a further 34%.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Comoros (with a CAGR of +180.9%), while the other leaders experienced more modest paces of growth.

In value terms, Somalia ($X) remains the key foreign market for instruments used in medical sciences exports from Kenya, comprising 38% of total exports. The second position in the ranking was held by South Sudan ($X), with an 8.1% share of total exports. It was followed by Democratic Republic of the Congo, with a 7.1% share.

From 2015 to 2022, the average annual growth rate of value to Somalia amounted to +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (-5.1% per year) and Democratic Republic of the Congo (+57.8% per year).

Export Prices by Country

The average medical instruments export price stood at $X per ton in 2022, reducing by -46.7% against the previous year. Overall, the export price, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 288%. As a result, the export price attained the peak level of $X per ton, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Comoros ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Instruments Imports

Imports into Kenya

After two years of growth, supplies from abroad of instruments used in medical sciences decreased by -5.3% to X tons in 2022. In general, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +174.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 159% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, medical instruments imports shrank to $X in 2022. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 41% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

China (X tons), India (X tons) and Italy (X tons) were the main suppliers of medical instruments imports to Kenya, together comprising 41% of total imports. The United States, Malaysia, Germany, Pakistan, Thailand, France, the Netherlands, Turkey, the UK and Egypt lagged somewhat behind, together comprising a further 47%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +82.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and India ($X) appeared to be the largest medical instruments suppliers to Kenya, with a combined 37% share of total imports. The United States, Turkey, the UK, Italy, France, the Netherlands, Thailand, Pakistan, Egypt and Malaysia lagged somewhat behind, together comprising a further 35%.

Thailand, with a CAGR of +42.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medical instruments import price stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2019 an increase of 158% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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