Kenya - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHearing Aid Price in Kenya - 2022
Contents:
- Hearing Aid Price in Kenya (CIF) - 2022
- Hearing Aid Price in Kenya (FOB) - 2022
- Hearing Aid Imports in Kenya
- Hearing Aid Exports in Kenya
Hearing Aid Price in Kenya (CIF) - 2022
In 2022, the average hearing aid import price amounted to $132 per unit, growing by 25% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The import price peaked at $377 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Denmark ($383 per unit), while the price for Turkey ($51 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+104.4%), while the prices for the other major suppliers experienced a decline.
Hearing Aid Price in Kenya (FOB) - 2022
The average hearing aid export price stood at $370 per unit in 2022, growing by 105% against the previous year. In general, the export price posted a buoyant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 188%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($127 per unit), while the average price for exports to South Africa stood at $42 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+1,029.0%), while the prices for the other major destinations experienced mixed trend patterns.
Hearing Aid Imports in Kenya
Hearing aid imports into Kenya dropped notably to 3.3K units in 2022, reducing by -46.4% on the previous year. Over the period under review, imports, however, showed a noticeable increase. The pace of growth was the most pronounced in 2021 with an increase of 154% against the previous year. As a result, imports attained the peak of 6.2K units, and then reduced sharply in the following year.
In value terms, hearing aid imports declined notably to $440K in 2022. In general, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 192% against the previous year. As a result, imports attained the peak of $655K, and then dropped notably in the following year.
Import of Hearing Aid in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 18.0 | 4.0 | 3.5 | 128 | 92.3% |
United States | 27.9 | 141 | 289 | 120 | 62.6% |
Turkey | N/A | N/A | 15.9 | 23.0 | 44.7% |
India | 16.8 | 18.9 | 8.5 | 17.4 | 1.2% |
South Africa | 2.3 | 5.0 | 16.1 | 11.6 | 71.5% |
China | 6.0 | 3.7 | 99.6 | 7.5 | 7.7% |
United Kingdom | 89.8 | 1.9 | 28.5 | 3.6 | -65.8% |
Switzerland | N/A | 12.9 | N/A | N/A | 0% |
Malaysia | N/A | 1.8 | N/A | N/A | 0% |
Singapore | 29.9 | 27.7 | 48.7 | N/A | 27.6% |
Others | 119 | 7.8 | 145 | 129 | 2.7% |
Total | 310 | 224 | 655 | 440 | 12.4% |
Top Suppliers of Hearing Aid to Kenya in 2022:
- United States (1773.0 units)
- Turkey (453.0 units)
- Denmark (333.0 units)
- India (181.0 units)
- China (139.0 units)
- South Africa (94.0 units)
- United Kingdom (27.0 units)
Hearing Aid Exports in Kenya
In 2022, shipments abroad of hearing aids (excl. parts and accessories) decreased by -61.5% to 5 units, falling for the second consecutive year after two years of growth. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 317%. As a result, the exports reached the peak of 25 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, hearing aid exports contracted rapidly to $2K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 52% against the previous year. As a result, the exports reached the peak of $2.4K, and then fell notably in the following year.
Export of Hearing Aid in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | N/A | 54.0 | N/A | 323 | 144.6% |
South Africa | N/A | 4.0 | 2.0 | 76.0 | 335.9% |
Zambia | N/A | 210 | 69.0 | N/A | -67.1% |
Malawi | N/A | 99.0 | 30.0 | N/A | -69.7% |
Uganda | N/A | 999 | N/A | N/A | 0% |
Namibia | 141 | N/A | N/A | N/A | 0% |
France | N/A | N/A | 467 | N/A | 0% |
India | 680 | N/A | 1.0 | N/A | -96.2% |
Indonesia | N/A | N/A | 517 | N/A | 0% |
Others | 200 | 186 | 1,274 | 1,557 | 98.2% |
Total | 1,021 | 1,552 | 2,360 | 1,956 | 24.2% |
Top Export Markets for Hearing Aid from Kenya in 2022:
- Tanzania (3.0 units)
- South Africa (2.0 units)
This report provides an in-depth analysis of the hearing aid market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26601433 - Appliances for overcoming deafness (excluding parts and accessories)
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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