Kenya: Wind Powered Generator Market 2024

Wind Powered Generator Market Size in Kenya

In 2021, the Kenyan wind powered generator market increased by 47% to $X, rising for the second consecutive year after four years of decline. In general, consumption enjoyed a resilient expansion. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Wind Powered Generator Production in Kenya

In value terms, wind powered generator production fell slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 3.7% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank slightly in the following year.

Wind Powered Generator Exports

Exports from Kenya

After two years of decline, overseas shipments of wind powered generating sets decreased by 0% to X units in 2021. In general, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 100% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wind powered generator exports dropped to $X in 2021. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 133%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

In value terms, Tanzania ($X) remains the key foreign market for wind powered generating sets exports from Kenya, comprising 100% of total exports. The second position in the ranking was held by Uganda ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tanzania stood at +17.0%.

Export Prices by Country

In 2021, the average wind powered generator export price amounted to $X per unit, increasing by 25% against the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 146% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Uganda amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+38.9%).

Wind Powered Generator Imports

Imports into Kenya

In 2021, overseas purchases of wind powered generating sets increased by 69% to X units, rising for the second consecutive year after four years of decline. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 29,333%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, wind powered generator imports expanded slightly to $X in 2021. Overall, imports continue to indicate strong growth. The growth pace was the most rapid in 2015 when imports increased by 28,769% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), South Africa (X units) and China (X units) were the main suppliers of wind powered generator imports to Kenya, with a combined 81% share of total imports. Moreover, wind powered generator imports in Germany exceeded the figures recorded by the second-largest supplier, South Africa, twofold.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +41.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wind powered generator suppliers to Kenya were Germany ($X), China ($X) and South Africa ($X), together accounting for 87% of total imports.

In terms of the main suppliers, South Africa, with a CAGR of +44.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wind powered generator import price amounted to $X per unit, dropping by -37.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 340%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat 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 Italy ($X per unit), while the price for the United States ($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 (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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