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Kenya - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Kenya - 2021
Contents:
- Multimeter Price in Kenya (CIF) - 2022
- Multimeter Price in Kenya (FOB) - 2022
- Multimeter Imports in Kenya
- Multimeter Exports in Kenya
Multimeter Price in Kenya (CIF) - 2022
In 2022, the average multimeter import price amounted to $3.5 per unit, falling by -7.6% against the previous year. Overall, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 130% against the previous year. As a result, import price reached the peak level of $17 per unit. From 2016 to 2022, the average 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 India ($6.3 per unit), while the price for China amounted to $2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.9%).
Multimeter Price in Kenya (FOB) - 2022
In 2022, the average multimeter export price amounted to $23 per unit, jumping by 54% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, multimeter export price decreased by -18.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 67% against the previous year. The export price peaked at $28 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($180 per unit), while the average price for exports to Democratic Republic of the Congo ($6.2 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 the Netherlands (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Imports in Kenya
Multimeter imports into Kenya soared to 80K units in 2022, growing by 41% on the previous year's figure. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, multimeter imports surged to $280K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, imports attained the peak of $345K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Multimeter in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 57.5 | 103 | 98.0 | 148 | 37.0% |
India | 28.0 | 2.1 | 11.4 | 10.5 | -27.9% |
Others | 129 | 240 | 105 | 121 | -2.1% |
Total | 215 | 345 | 215 | 280 | 9.2% |
Top Suppliers of Multimeter to Kenya in 2022:
- China (74.9K units)
- India (1.7K units)
Multimeter Exports in Kenya
After three years of growth, shipments abroad of multimeters decreased by -24.1% to 120 units in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 40%. As a result, the exports reached the peak of 158 units, and then reduced remarkably in the following year.
In value terms, multimeter exports skyrocketed to $2.7K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71%. As a result, the exports attained the peak of $3.1K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Multimeter in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 969 | 1,470 | 924 | 1,404 | 13.2% |
Democratic Republic of the Congo | 251 | 402 | 267 | 428 | 19.5% |
Uganda | 221 | 455 | 259 | 356 | 17.2% |
Somalia | 179 | 293 | 199 | 327 | 22.2% |
Tanzania | N/A | 33.0 | 37.0 | 68.0 | 43.5% |
Burundi | N/A | N/A | 35.0 | N/A | 0% |
France | N/A | N/A | 345 | N/A | 0% |
Others | 214 | 484 | 264 | 151 | -11.0% |
Total | 1,834 | 3,137 | 2,330 | 2,734 | 14.2% |
Top Export Markets for Multimeter from Kenya in 2022:
- Democratic Republic of the Congo (69.0 units)
- Somalia (23.0 units)
- Austria (16.0 units)
- Tanzania (9.0 units)
- Uganda (2.0 units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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
-
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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