Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $26 per thousand units, falling by -25.5% against the previous year. Overall, the import price recorded a slight shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $38 per thousand units. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($48 per thousand units), while the price for the United Arab Emirates ($18 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $27 per thousand units, shrinking by -4.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices reached the maximum at $39 per thousand units in 2020; however, from 2021 to 2022, 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 Oman ($124 per thousand units), while the average price for exports to Rwanda ($7.6 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+38.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya
In 2022, overseas purchases of electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by 75% to 397M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $10M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 3.9 | 5.3 | 6.9 | 13.7% |
| India | 1.8 | 1.5 | 0.8 | 1.1 | -15.1% |
| Others | 1.9 | 1.4 | 1.9 | 2.5 | 9.6% |
| Total | 8.4 | 6.8 | 8.0 | 10.5 | 7.7% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Kenya in 2022:
- China (325.0M units)
- India (36.1M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya
In 2022, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Kenya was estimated at 9.1M units, growing by 9.6% against the year before. In general, exports, however, recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. Over the period under review, the exports of hit record highs at 19M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose slightly to $242K in 2022. Over the period under review, exports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 21%. The exports peaked at $472K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 1.9 | 132 | 102 | 78.3 | 245.4% |
| India | 0.5 | 0.1 | 0.3 | 21.6 | 250.9% |
| Tanzania | 76.0 | 10.7 | 10.8 | 20.0 | -35.9% |
| Mozambique | 1.3 | N/A | 0.3 | 19.3 | 145.8% |
| Uganda | 83.3 | 10.2 | 13.3 | 12.0 | -47.6% |
| Zambia | 0.1 | 0.8 | 1.4 | 9.6 | 357.9% |
| Rwanda | 7.0 | 10.8 | 16.7 | 6.6 | -1.9% |
| Burundi | 5.6 | 1.3 | 5.0 | 6.3 | 4.0% |
| Senegal | 0.3 | 1.6 | 4.8 | 3.7 | 131.0% |
| South Sudan | 12.0 | 1.4 | 4.6 | 2.4 | -41.5% |
| Somalia | 104 | 5.1 | 4.7 | 1.5 | -75.7% |
| Democratic Republic of the Congo | 3.2 | 3.3 | 2.2 | 0.8 | -37.0% |
| Others | 177 | 15.0 | 66.1 | 60.2 | -30.2% |
| Total | 472 | 193 | 232 | 242 | -20.0% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Kenya in 2022:
- Tanzania (1768.8K units)
- Mozambique (1714.7K units)
- Rwanda (872.4K units)
- Uganda (792.9K units)
- Burundi (724.5K units)
- Zambia (637.3K units)
- Oman (632.9K units)
- India (417.3K units)
- South Sudan (262.9K units)
- Senegal (197.1K units)
- Democratic Republic of the Congo (96.0K units)
- Somalia (68.3K units)
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