Kenya: Microwave Oven Market 2024

Microwave Oven Market Size in Kenya

The Kenyan microwave oven market dropped significantly to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a strong expansion. As a result, consumption reached the peak level of $X, and then reduced markedly in the following year.

Microwave Oven Exports

Exports from Kenya

In 2022, approx. X units of microwave ovens were exported from Kenya; dropping by X% compared with the previous year. In general, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, microwave oven exports declined rapidly to $X in 2022. Overall, exports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Rwanda (X units) was the main destination for microwave oven exports from Kenya, accounting for a X% share of total exports. Moreover, microwave oven exports to Rwanda exceeded the volume sent to the second major destination, Sierra Leone (X units), more than tenfold. The third position in this ranking was held by Tanzania (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Rwanda amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sierra Leone (X% per year) and Tanzania (X% per year).

In value terms, Rwanda ($X) remains the key foreign market for microwave ovens exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by Sierra Leone ($X), with a X% share of total exports. It was followed by South Sudan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sierra Leone (X% per year) and South Sudan (X% per year).

Export Prices by Country

In 2022, the average microwave oven export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2014; however, from 2015 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 Uganda ($X per unit), while the average price for exports to Papua New Guinea ($X 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 Uganda (X%), while the prices for the other major destinations experienced more modest paces of growth.

Microwave Oven Imports

Imports into Kenya

In 2022, the amount of microwave ovens imported into Kenya declined notably to X units, dropping by X% compared with 2021 figures. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then dropped remarkably in the following year.

In value terms, microwave oven imports declined significantly to $X in 2022. In general, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of microwave oven to Kenya, with a X% share of total imports. Moreover, microwave oven imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the UK (X% per year).

In value terms, China ($X) constituted the largest supplier of microwave ovens to Kenya, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the UK (X% per year).

Import Prices by Country

The average microwave oven import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 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 Malaysia ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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