Kenya: Video Projector Market 2024

Video Projector Market Size in Kenya

In 2021, the Kenyan video projector market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, showed a deep reduction. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Video Projector Exports

Exports from Kenya

Video projector exports from Kenya declined remarkably to X units in 2021, waning by -37.5% against 2020. In general, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by 1,653% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, video projector exports fell rapidly to $X in 2021. Overall, exports showed a mild shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 749%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Somalia (X units) was the main destination for video projector exports from Kenya, accounting for a 66% share of total exports. Moreover, video projector exports to Somalia exceeded the volume sent to the second major destination, Burundi (X units), threefold. Uganda (X units) ranked third in terms of total exports with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Somalia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (0.0% per year) and Uganda (-18.3% per year).

In value terms, Burundi ($X) emerged as the key foreign market for video projectors exports from Kenya, comprising 68% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a 10% share of total exports. It was followed by South Sudan, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to Burundi was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (0.0% per year) and South Sudan (0.0% per year).

Export Prices by Country

In 2021, the average video projector export price amounted to $X per unit, shrinking by -64.2% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth was the most pronounced in 2016 an increase of 101% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Somalia ($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 (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Video Projector Imports

Imports into Kenya

In 2021, after four years of decline, there was significant growth in purchases abroad of video projectors, when their volume increased by 7.8% to X units. Overall, imports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2016 with an increase of 741% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, video projector imports dropped slightly to $X in 2021. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of 729%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest video projector supplier to Kenya, accounting for a 4.3% share of total imports. Moreover, video projector imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), sixfold. The UK (X units) ranked third in terms of total imports with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +32.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+17.1% per year) and the UK (-19.4% per year).

In value terms, China ($X) constituted the largest supplier of video projectors to Kenya, comprising 12% of total imports. The second position in the ranking was held by Germany ($X), with a 2.5% share of total imports. It was followed by the United States, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +38.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.5% per year) and the United States (+13.5% per year).

Import Prices by Country

The average video projector import price stood at $X per unit in 2021, dropping by -7.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 9.3% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 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 Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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