Kenya: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Kenya

The Kenyan telephone apparatus market soared to $X in 2022, with an increase of 23% 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, saw a perceptible setback. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Telephone Apparatus Exports

Exports from Kenya

Telephone apparatus exports from Kenya plummeted to X tons in 2022, reducing by -32.3% against the previous year. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 85%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, telephone apparatus exports reached $X in 2022. In general, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of 45%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Burundi (X tons) was the main destination for telephone apparatus exports from Kenya, with a 27% share of total exports. Moreover, telephone apparatus exports to Burundi exceeded the volume sent to the second major destination, Uganda (X tons), twofold. The third position in this ranking was taken by Rwanda (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Burundi amounted to +138.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-0.8% per year) and Rwanda (+5.4% per year).

In value terms, Uganda ($X), Hong Kong SAR ($X) and Nigeria ($X) constituted the largest markets for telephone apparatus exported from Kenya worldwide, together accounting for 84% of total exports.

Nigeria, with a CAGR of +120.3%, recorded the highest rates of growth with regard to the value of exports, among 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 telephone apparatus export price amounted to $X per ton, shrinking by -60.5% against the previous year. In general, the export price recorded a slight decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 188% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Burundi ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+52.7%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Kenya

In 2022, telephone apparatus imports into Kenya soared to X tons, with an increase of 17% compared with the previous year. Over the period under review, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, telephone apparatus imports skyrocketed to $X in 2022. In general, imports, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 89%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest telephone apparatus supplier to Kenya, with a 37% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. The third position in this ranking was held by Hong Kong SAR (X tons), with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-7.1% per year) and Hong Kong SAR (-17.1% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Kenya, comprising 50% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 19% share of total imports. It was followed by the United Arab Emirates, with a 19% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-5.3% per year) and the United Arab Emirates (-1.7% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, surging by 7.9% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus import price increased by +52.5% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 86% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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