Slide of the month (SOTM) January. The market for commercial vehicles in Kenya
Over the last couple of years, africon has implemented a vast range of projects in the automotive sector. Some of the projects have tasked us with analyzing the market for automotive components like filters and spark plugs, among others, for commercial and personal vehicles. We have conducted more than a hundred interviews with senior level industry players, parts distributors and automobile traders in different countries in Africa.
In East Africa, Kenya has been the automotive hub. In the last two and a half years, approximately 33,000 commercial vehicles have been sold in the country. Light- medium trucks are the leading segment in commercial vehicles, accounting for almost 11,000-unit sales over the past 2.5 years. Even though sales have been affected by the coronavirus pandemic, the industry shows positive signs of recovery. Kenya’s commercial vehicle assemblers might have even increased their output in 2020 compared to the previous year. Additionally, the government and stakeholders are still working on positive automotive policy adjustments. The sector in Kenya has space for significant growth, opening interesting opportunities for international firms.
In the project here, africon was able to provide market transparency, in-depth data and strategic recommendations for future sales efforts in the region.
Get in touch if you would like to know more about opportunities in Africa´s automotive markets.
Read other related SOTMs
Slide of the month (SOTM) October. Automotive industry in sub-Saharan Africa
Slide of the month (SOTM) June. Automotive Kenya vs. Nigeria
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Slide of the month (SOTM) September. The soft drinks market in Kenya
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