Kenya - Residential, commercial and industrial lighting fixture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Market for Residential, Commercial and Industrial Lighting Fixture 2024
Market Size for Residential, Commercial and Industrial Lighting Fixture in Kenya
The Kenyan market for residential, commercial and industrial lighting fixture soared to $X in 2021, jumping by 69% 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). In general, consumption saw a strong increase. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.
Exports of Residential, Commercial and Industrial Lighting Fixture
Exports from Kenya
In 2021, the amount of residential, commercial and industrial lighting fixture exported from Kenya shrank notably to X units, declining by -22.4% compared with 2020 figures. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 75% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, exports of residential, commercial and industrial lighting fixture shrank significantly to $X in 2021. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 48%. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
Democratic Republic of the Congo (X units) was the main destination for exports of residential, commercial and industrial lighting fixture from Kenya, with a 33% share of total exports. Moreover, exports of residential, commercial and industrial lighting fixture to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was held by Seychelles (X units), with a 4.3% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled +52.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+44.5% per year) and Seychelles (+40.7% per year).
In value terms, Germany ($X) remains the key foreign market for residential, commercial and industrial lighting fixture exports from Kenya, comprising 31% of total exports. The second position in the ranking was held by Uganda ($X), with a 15% share of total exports. It was followed by Senegal, with a 13% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +65.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-19.0% per year) and Senegal (0.0% per year).
Export Prices by Country
In 2021, the average export price for residential, commercial and industrial lighting fixture amounted to $X per unit, falling by -38% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 26%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per unit), while the average price for exports to Zambia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Residential, Commercial and Industrial Lighting Fixture
Imports into Kenya
In 2021, overseas purchases of residential, commercial and industrial lighting fixture increased by 124% to X units for the first time since 2017, thus ending a three-year declining trend. In general, imports saw strong growth. The pace of growth was the most pronounced in 2014 with an increase of 299% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021. Overall, imports recorded a resilient expansion. The growth pace was the most rapid in 2014 when imports increased by 380% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.
Imports by Country
In 2021, China (X units) constituted the largest supplier of residential, commercial and industrial lighting fixture to Kenya, accounting for a 81% share of total imports. Moreover, imports of residential, commercial and industrial lighting fixture from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+38.3% per year) and the United Arab Emirates (-7.1% per year).
In value terms, China ($X) constituted the largest supplier of residential, commercial and industrial lighting fixture to Kenya, comprising 64% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China amounted to +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.8% per year) and India (+11.3% per year).
Import Prices by Country
The average import price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, shrinking by -32.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 20% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for India ($X per unit) 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 (+16.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27402200 - Electric table, desk, bedside or floor-standing lamps
- Prodcom 27402500 - Chandeliers and other electric ceiling or wall lighting fittings (excluding those used for lighting public open spaces or thoroughfares)
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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