Kenya: Telephone Market 2024

Telephone Market Size in Kenya

The Kenyan telephone market contracted to $X in 2022, dropping by -3.8% against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Telephone Production in Kenya

In value terms, telephone production shrank modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.2% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 37%. Telephone production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Telephone Exports

Exports from Kenya

In 2022, exports of telephones and videophones from Kenya was estimated at X units, surging by 3.1% against 2021 figures. In general, exports, however, faced a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 106% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, telephone exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 168% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X units) was the main destination for telephone exports from Kenya, with a 63% share of total exports. Moreover, telephone exports to Hungary exceeded the volume sent to the second major destination, Germany (X units), fivefold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hungary amounted to +28.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.6% per year) and the United Arab Emirates (-34.2% per year).

In value terms, Hungary ($X) emerged as the key foreign market for telephones and videophones exports from Kenya, comprising 60% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by the United Arab Emirates, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary stood at +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.7% per year) and the United Arab Emirates (-20.3% per year).

Export Prices by Country

In 2022, the average telephone export price amounted to $X per unit, jumping by 16% against the previous year. In general, the export price recorded a prominent increase. The growth pace was the most rapid in 2016 when the average export price increased by 64%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, 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 the United Arab Emirates ($X per unit), while the average price for exports to Ethiopia ($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 South Africa (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Imports

Imports into Kenya

In 2022, supplies from abroad of telephones and videophones increased by 10% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a slight contraction. The growth pace was the most rapid in 2015 with an increase of 90%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, telephone imports fell rapidly to $X in 2022. In general, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 66% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of telephone to Kenya, with a 90% share of total imports. It was followed by the UK (X units), with a 3% share of total imports. The third position in this ranking was taken by the United States (X units), with a 0.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-2.0% per year) and the United States (-10.9% per year).

In value terms, China ($X), the UK ($X) and the United States ($X) appeared to be the largest telephone suppliers to Kenya, together comprising 54% of total imports.

Among the main suppliers, China, with a CAGR of +14.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average telephone import price amounted to $X per unit, shrinking by -26.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 33%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 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 Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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