Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya - 2022

Contents:

1. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya (CIF) - 2022
2. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya (FOB) - 2022
3. Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya
4. Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya (CIF) - 2022

The average import price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $2.8 per unit in 2022, declining by -17.6% against the previous year. Overall, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. The import price peaked at $9.2 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 the United States ($15 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya (FOB) - 2022

In 2022, the average export price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $10 per unit, with a decrease of -74.3% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 78% against the previous year. The export price peaked at $48 per unit in 2012; however, from 2013 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 South Africa ($45 per unit), while the average price for exports to Singapore ($1 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 Sudan (+31.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya

In 2022, imports of cameras, photographic (excluding cinematographic); parts and accessorieses into Kenya dropped significantly to 27K units, waning by -43.6% against 2021. In general, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.2%. Over the period under review, imports of hit record highs at 65K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses declined sharply to $77K in 2022. Over the period under review, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Imports peaked at $234K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Kenya in 2022:

1. China (25.7K units)
2. United States (0.1K units)

Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Kenya

In 2022, overseas shipments of cameras, photographic (excluding cinematographic); parts and accessorieses decreased by -23.1% to 10 units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a notable expansion. The growth pace was the most rapid in 2020 when exports increased by 211% against the previous year. As a result, the exports reached the peak of 28 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses reduced rapidly to $100 in 2022. In general, exports faced a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 275% against the previous year. As a result, the exports reached the peak of $912. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Kenya in 2022:

1. Singapore (1.0 units)
2. United Arab Emirates (1.0 units)
3. South Africa (1.0 units)
4. United Kingdom (1.0 units)
5. Ethiopia (1.0 units)
6. Rwanda (1.0 units)
7. Germany (1.0 units)
8. South Sudan (1.0 units)
9. Uganda (1.0 units)
10. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform