Price for Electronic Integrated Circuits and Microassemblies in Kenya - 2021
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Kenya (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Kenya (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Kenya
- Exports of Electronic Integrated Circuits and Microassemblies in Kenya
Price for Electronic Integrated Circuits and Microassemblies in Kenya (CIF) - 2022
In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $2.3 per unit, shrinking by -16.7% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2019 an increase of 161% against the previous year. As a result, import price reached the peak level of $7.3 per unit. From 2020 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($344 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+983.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electronic Integrated Circuits and Microassemblies in Kenya (FOB) - 2022
In 2021, the average export price for electronic integrated circuits and microassemblieses amounted to $15 per unit, rising by 699% against the previous year. Over the period under review, the export price recorded a pronounced expansion. The export price peaked at $21 per unit in 2013; however, from 2014 to 2021, 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 Sudan ($50 per unit), while the average price for exports to Rwanda ($0.6 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+54.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electronic Integrated Circuits and Microassemblies in Kenya
After three years of growth, purchases abroad of electronic integrated circuits and microassemblieses decreased by -19.1% to 1.6M units in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 182%. Imports peaked at 2M units in 2021, and then dropped significantly in the following year.
In value terms, electronic integrated circuits and microassemblies imports shrank to $3.9M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of $4.4M, and then shrank in the following year.
| Import of Electronic Integrated Circuits and Microassemblies in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 1,387 | 1,595 | 1,675 | 9.9% | |
| Hong Kong SAR | 75.1 | 134 | 749 | 215.8% | |
| Italy | 68.2 | 109 | 196 | 69.5% | |
| Others | 1,628 | 1,449 | 1,806 | 5.3% | |
| Total | 3,158 | 3,286 | 4,427 | 18.4% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Kenya in 2022:
- China (32.8M units)
- Hong Kong SAR (2.1M units)
- Italy (0.8M units)
Exports of Electronic Integrated Circuits and Microassemblies in Kenya
In 2022, shipments abroad of electronic integrated circuits and microassemblieses was finally on the rise to reach 34K units after two years of decline. Over the period under review, exports, however, saw a sharp setback. The exports peaked at 206K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electronic integrated circuits and microassemblies exports dropped dramatically to $210K in 2022. Overall, exports, however, showed a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 319%. The exports peaked at $1.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electronic Integrated Circuits and Microassemblies in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Netherlands | 2.0 | 12.3 | 167 | 813.8% | |
| Canada | 0.4 | 0.1 | 77.6 | 1292.8% | |
| Somalia | 238 | 0.1 | 42.5 | -57.7% | |
| Rwanda | 0.2 | N/A | 14.1 | 739.6% | |
| Uganda | N/A | N/A | 7.6 | 0% | |
| Thailand | 4.1 | 60.7 | N/A | 1380.5% | |
| Philippines | 450 | 694 | N/A | 54.2% | |
| Singapore | 113 | 113 | N/A | 0.0% | |
| Others | 266 | -799.5 | 30.2 | -66.3% | |
| Total | 1,073 | 80.9 | 339 | -43.8% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Kenya in 2022:
- Netherlands (194.2K units)
- Rwanda (25.5K units)
- Canada (12.2K units)
- Uganda (12.1K units)
- Somalia (7.8K units)
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