Kenya: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Kenya

In 2022, the Kenyan market for optical fibers, bundles and cables increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a prominent increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Exports of Optical Fibers, Bundles and Cables

Exports from Kenya

After two years of growth, shipments abroad of optical fibers, bundles and cables decreased by X% to X tons in 2022. In general, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, optical fiber, bundle and cable exports surged to $X in 2022. Overall, exports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Zambia (X tons) was the main destination for optical fiber, bundle and cable exports from Kenya, accounting for a X% share of total exports. Moreover, optical fiber, bundle and cable exports to Zambia exceeded the volume sent to the second major destination, Tanzania (X tons), more than tenfold. Congo (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Zambia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Congo (X% per year).

In value terms, Zambia ($X) emerged as the key foreign market for optical fibers, bundles and cables exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total exports. It was followed by South Sudan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Zambia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and South Sudan (X% per year).

Export Prices by Country

The average export price for optical fibers, bundles and cables stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, showed a deep setback. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Congo ($X per ton) 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 (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Optical Fibers, Bundles and Cables

Imports into Kenya

In 2022, supplies from abroad of optical fibers, bundles and cables increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports posted prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, optical fiber, bundle and cable imports surged to $X in 2022. Overall, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of optical fiber, bundle and cable to Kenya, accounting for a X% share of total imports. Moreover, optical fiber, bundle and cable imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of optical fibers, bundles and cables to Kenya, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average import price for optical fibers, bundles and cables amounted to $X per ton, shrinking by X% against the previous year. In general, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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