Kenya - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Kenya - 2021
Contents:
- Relay Price in Kenya (CIF) - 2022
- Relay Price in Kenya (FOB) - 2022
- Relay Imports in Kenya
- Relay Exports in Kenya
Relay Price in Kenya (CIF) - 2022
In 2022, the average relay import price amounted to $2.5 per unit, approximately reflecting the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 37%. As a result, import price reached the peak level of $3.4 per unit. From 2020 to 2022, the average import prices remained 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 Spain ($7.7 per unit), while the price for South Africa ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in Kenya (FOB) - 2022
In 2022, the average relay export price amounted to $1.7 per unit, picking up by 8.7% against the previous year. Overall, the export price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2021 when the average export price increased by 91% against the previous year. The export price peaked at $2.1 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 France ($1.9 per unit), while the average price for exports to Tanzania ($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 Tanzania (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Relay Imports in Kenya
In 2022, approx. 933K units of relays were imported into Kenya; jumping by 22% compared with 2021 figures. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at 1M units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, relay imports surged to $2.3M in 2022. Over the period under review, imports, however, showed a abrupt curtailment. Imports peaked at $3.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Relay in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 487 | 375 | 476 | 637 | 9.4% |
India | 146 | 227 | 324 | 375 | 36.9% |
Germany | 345 | 243 | 102 | 272 | -7.6% |
South Korea | 4.9 | 0.7 | 2.3 | 84.1 | 157.9% |
Turkey | 33.6 | 15.1 | 15.9 | 62.3 | 22.9% |
Singapore | 3.4 | 516 | 139 | 41.3 | 129.9% |
South Africa | 26.9 | 34.6 | 58.5 | 28.4 | 1.8% |
France | 242 | 53.8 | 25.3 | 11.2 | -64.1% |
Others | 1,971 | 1,264 | 772 | 811 | -25.6% |
Total | 3,259 | 2,728 | 1,915 | 2,321 | -10.7% |
Top Suppliers of Relay to Kenya in 2022:
- China (533.7K units)
- India (75.4K units)
- Turkey (62.3K units)
- Germany (44.3K units)
- South Africa (29.4K units)
- Singapore (28.6K units)
- South Korea (19.5K units)
- France (4.6K units)
Relay Exports in Kenya
In 2022, relay exports from Kenya reduced notably to 19K units, dropping by -25.6% against the previous year. Overall, exports showed a abrupt slump. The smallest decline of -14% was in 2020. Over the period under review, the exports hit record highs at 36K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, relay exports declined rapidly to $34K in 2022. In general, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. As a result, the exports attained the peak of $42K, and then shrank sharply in the following year.
Export of Relay in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | N/A | 1.8 | 13.8 | 666.7% |
Rwanda | 2.8 | N/A | 1.8 | 3.1 | 3.5% |
Tanzania | 6.2 | 9.7 | 0.5 | 1.9 | -32.6% |
Brazil | N/A | N/A | N/A | 0.6 | 0% |
Spain | N/A | 3.2 | N/A | N/A | 0% |
Burundi | 1.2 | N/A | 1.9 | N/A | 25.8% |
Uganda | 4.6 | 1.6 | N/A | N/A | -65.2% |
Democratic Republic of the Congo | 3.0 | 2.4 | N/A | N/A | -20.0% |
United States | N/A | N/A | 14.2 | N/A | 0% |
Others | 3.6 | 8.8 | 21.4 | 14.2 | 58.0% |
Total | 21.4 | 25.6 | 41.5 | 33.6 | 16.2% |
Top Export Markets for Relay from Kenya in 2022:
- France (7.3K units)
- Rwanda (2.4K units)
- Tanzania (1.8K units)
- Brazil (0.3K units)
This report provides an in-depth analysis of the relay 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 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
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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