Report Update Jan 1, 2025

Kenya - Static Converters - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Static Converter Market 2025

Static Converter Market Size in Kenya

The Kenyan static converter market totaled $X in 2021, with an increase of 13% 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, however, recorded a perceptible descent. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Static Converter Exports

Exports from Kenya

In 2021, exports of static converters from Kenya skyrocketed to X units, picking up by 109% on the previous year. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 331%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, static converter exports expanded rapidly to $X in 2021. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 276% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Tanzania (X units) was the main destination for static converter exports from Kenya, accounting for a 163% share of total exports. Moreover, static converter exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X units), ninefold. The third position in this ranking was held by Rwanda (X units), with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume to Tanzania stood at +49.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-4.6% per year) and Rwanda (-10.4% per year).

In value terms, Tanzania ($X), Uganda ($X) and Rwanda ($X) appeared to be the largest markets for static converter exported from Kenya worldwide, together accounting for 80% of total exports. Senegal and Poland lagged somewhat behind, together accounting for a further 0.7%.

Poland, with a CAGR of +46.3%, saw the highest growth rate of 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 static converter export price amounted to $X per unit, falling by -48.8% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 96%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Rwanda ($X per unit), while the average price for exports to Poland ($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 Rwanda (+18.4%), while the prices for the other major destinations experienced mixed trend patterns.

Static Converter Imports

Imports into Kenya

In 2021, the amount of static converters imported into Kenya expanded remarkably to X units, surging by 5.5% on the year before. Over the period under review, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 56% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, static converter imports soared to $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% 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 +63.5% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 74% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) was the main supplier of static converter to Kenya, with a approx. 506% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +28.7%.

In value terms, China ($X) constituted the largest supplier of static converters to Kenya.

From 2012 to 2021, the average annual growth rate of value from China amounted to +15.8%.

Import Prices by Country

The average static converter import price stood at $X per unit in 2021, picking up by 15% against the previous year. Over the period under review, the import price saw a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 111% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -10.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for static converters in the world?

The countries with the highest volumes of static converter consumption in 2020 were China, the United States and the Netherlands, with a combined 33% share of global consumption. Hong Kong SAR, Italy, Japan, India, Germany, Indonesia, South Korea, Mexico, Vietnam and the UK lagged somewhat behind, together comprising a further 35%.

What are the largest producers of static converters in the world?

China remains the largest static converter producing country worldwide, accounting for 60% of total volume. Moreover, static converter production in China exceeded the figures recorded by the second-largest producer, the United States, ninefold. The third position in this ranking was occupied by Italy, with a 3.5% share.

What are the leading suppliers of static converters to Kenya?

In value terms, China constituted the largest supplier of static converter to Kenya, comprising 47% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 2.5% share of total imports.

What are the leading importers of static converters from Kenya?

In value terms, Tanzania, Uganda and Burundi constituted the largest markets for static converter exported from Kenya worldwide, together accounting for 71% of total exports.

What is the average export price for static converters in Kenya?

In 2020, the average static converter export price amounted to $69 per unit, dropping by -66.1% against the previous year.

What is the average import price for static converters in Kenya?

The average static converter import price stood at $3.2 per unit in 2020, waning by -5.4% against the previous year.

This report provides an in-depth analysis of the static converter market 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 27115023 -
Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
Prodcom 27115033 - Accumulator chargers
Prodcom 27115035 -
Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
Prodcom 27904130 -
Prodcom 27904140 -
Prodcom 27904153 -
Prodcom 27904155 -
Prodcom 27904170 -
Prodcom 27904190 -

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024