Kenya: Swivel Seat Market 2024

Swivel Seat Market Size in Kenya

The Kenyan swivel seat market reduced to $X in 2022, with a decrease of -7.5% 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). Overall, consumption showed a perceptible decrease. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Swivel Seat Exports

Exports from Kenya

In 2022, after two years of growth, there was significant decline in overseas shipments of swivel seats with variable height adjustments, when their volume decreased by -42.1% to X units. Overall, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 637% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then reduced rapidly in the following year.

In value terms, swivel seat exports fell notably to $X in 2022. In general, exports, however, continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2018 with an increase of 451% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Sudan (X units), Democratic Republic of the Congo (X units) and Tanzania (X units) were the main destinations of swivel seat exports from Kenya, together comprising 65% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Sudan (with a CAGR of +42.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for swivel seat exported from Kenya were Democratic Republic of the Congo ($X), South Sudan ($X) and Burundi ($X), together comprising 79% of total exports.

Among the main countries of destination, South Sudan, with a CAGR of +49.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average swivel seat export price amounted to $X per unit, with an increase of 11% against the previous year. In general, the export price, however, showed a pronounced decline. The growth pace was the most rapid in 2015 an increase of 49%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per unit), while the average price for exports to Tanzania ($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 Burundi (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Kenya

In 2022, the amount of swivel seats with variable height adjustments imported into Kenya shrank slightly to X units, which is down by -3.8% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 63% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, swivel seat imports contracted to $X in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of swivel seat to Kenya, with a 70% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-1.9% per year) and South Korea (-3.3% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Kenya, comprising 64% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-3.4% per year) and South Korea (-9.9% per year).

Import Prices by Country

The average swivel seat import price stood at $X per unit in 2022, shrinking by -7.7% against the previous year. In general, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 South Korea ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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