Kenya: Market for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators 2025

Market Size for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in Kenya

The Kenyan nickel and lithium accumulators market skyrocketed to $X in 2022, jumping by 18% 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 enjoyed a prominent expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Exports from Kenya

In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exported from Kenya contracted dramatically to X units, declining by -37.8% compared with the year before. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 344%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nickel and lithium accumulators exports contracted remarkably to $X in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by 666%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Tanzania (X units), Burundi (X units) and Rwanda (X units) were the main destinations of nickel and lithium accumulators exports from Kenya, with a combined 69% share of total exports. Democratic Republic of the Congo, Uganda, Zambia, Malawi and South Sudan lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +15.6%), while the other leaders experienced a decline.

In value terms, the largest markets for nickel and lithium accumulators exported from Kenya were Zambia ($X), Burundi ($X) and Uganda ($X), together accounting for 44% of total exports.

Zambia, with a CAGR of +6.0%, recorded 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 mixed trend patterns.

Export Prices by Country

The average nickel and lithium accumulators export price stood at $X per unit in 2022, with a decrease of -2.8% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 73%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to Malawi ($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 Zambia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Imports into Kenya

Nickel and lithium accumulators imports into Kenya rose markedly to X units in 2022, surging by 10% against the previous year's figure. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 458%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, nickel and lithium accumulators imports soared to $X in 2022. Overall, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by 418%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) was the main supplier of nickel and lithium accumulators to Kenya, accounting for a approx. 94% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.9%.

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Kenya.

From 2012 to 2022, the average annual growth rate of value from China amounted to +17.5%.

Import Prices by Country

In 2022, the average nickel and lithium accumulators import price amounted to $X per unit, with an increase of 11% against the previous year. Overall, the import price recorded resilient growth. The growth pace was the most rapid in 2020 when the average import price increased by 99%. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :