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Kenyan Logistics Market, Forecast to 2020

Supported by Its Political Commitment, Young Population and Infrastructure Developments, Kenya is a Rising Star in East Africa

Frost & Sullivan
3712.5000 USD https://store.frost.com/kenyan-logistics-market-forecast-to-2020.html
RELEASE DATE
22-Nov-2017
REGION
Africa
Research Code: MD8A-01-00-00-00
SKU: TP00172-AF-MR_21151
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  • Description
  • Infographics
  • Table of Contents
  • List of Figures & Charts
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Description

Kenya displays significant potential for economic growth due to its strategic location in East Africa. Even though Kenya’s growth has been slower than that of the African region, its Vision 2030 strategy is expected to enable its growth to World Bank’s second rung of countries with highest gross national income. Two out of three Kenyans are estimated to have access to the Internet, which is higher than the African regional average of 18%, making ICT one of the rising sectors in the country. Opportunities to grow exist in the services sector. Its business, telecommunication, tourism and finance sectors have prospered over the last year. The increase in private consumption will enable the services sector to contribute more to the GDP in the future. Infrastructural developments in the transport and energy sectors, favorable business climate and growth of renewable energy sector are expected to spur GDP growth in the long term. While imports have been steady, the trade deficit has been affected by imports from East Asia into the East African market. The trade deficit is expected to continue despite expected growth through exploration of oil reserves and completion of infrastructural projects. While refined petroleum is a major source of energy in the country, Kenya’s recent discovery of oil in the Turkana region is expected to reduce its dependence on imported petroleum products and narrow the country’s trade deficit in the long term. Continual increase in private consumption and public infrastructural investments have aided in spurring economic growth in the country, exceeding the average among sub-Saharan African region over the previous eight years. In addition to making it an ideal investment destination, mega infrastructure projects planned for the future are expected to boost economic growth and position the country as a major economic hub in the Eastern African region in the medium term. While FDI decreased in 2016, the country has recorded the fastest increase in FDI across diverse domains such as real estate, renewable and geothermal energy, rail and roadways. Kenya’s improved ranking of 92 in Ease of Doing Business for 2017 is expected to help it attract more foreign investment, aided by its strong links through various trade agreements with countries in Europe, the Caribbean Basin, APAC, as well as other third-world countries. The country’s strategic location in East Africa, proposed infrastructure developments, move towards renewable energy, increase in private consumption and growth of eCommerce will propel Kenya in its economic growth and establish it as one of the key countries in the region.

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
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Table of Contents

Executive Summary

Key Findings

GDP Forecast

Exports and Imports Forecast

Kenya—Technological Indicators

Logistics Performance Index and Ease of Doing Business

Growth Opportunity—Current Offerings, Value-add Services and Portfolio Expansion

Research Scope, Objectives, Background, and Methodology

Research Scope, Aims and Objectives

Economic Trends and Indicators

GDP Per Capita and GDP Growth

GDP by Activity Growth Rate (2010 to 2016)

GDP by Sector

GDP Forecast

International Trade Performance

Contribution of Export-Import to GDP

Exports and Imports Forecast

Top Ten Export/Import Partners by Value

Key Trade Commodities

Social and Technological Indicators

Population Growth and Structure

Technological Indicators

Social Indicators

Transportation and Logistics Sector Overview

Key Developments in Transportation and Their Implications

Transportation and Storage Value of Output

Kenya—New Infrastructure Developments

Transportation Infrastructure

Business Environment and Investment Attractiveness

Key Trade Agreements

Kenya and EAC

Ease of Doing Business in 2017—Sub-Parameters

Growth Opportunities and Companies to Action

Growth Opportunity—Current Offerings, Value-add Services and Portfolio Expansion

Strategic Imperatives for Success and Growth

Conclusions and Future Outlook

Conclusions

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List of Figures
  • 1. Logistics Market: Key Findings, Kenya, 2010–2020
  • 2. Segment-wise Breakup of Industry Sector, Kenya, 2016
  • 3. Segment-wise Breakup of Services Sector, Kenya, 2016
  • 4. Export/Import Partners by Value, Kenya, 2016
  • 5. Logistics Market: Transportation and Storage Value of Output, Kenya, 2010–2016
  • 6. Logistics Market: New Infrastructure Developments, Kenya, 2016 and 2017
  • 7. Key Trade Agreements, Kenya, 1964–2016
  • 8. Ease of Doing Business, Kenya, 2017
List of Charts
  • 1. GDP Forecast, Kenya, 2010–2020
  • 2. Export/Import Forecast, Kenya, 2010–2020
  • 3. Technological Indicators, Kenya, 2010–2016
  • 4. Smart Phone Penetration, Kenya, 2015–2016
  • 5. Logistics Market: Logistics Performance Index Score, Kenya, 2014 vs 2016
  • 6. Logistics Market: Ease of Doing Business, Kenya, 2017
  • 7. GDP Per Capita, Kenya, 2010–2016
  • 8. GDP by Activity Growth Rate, Kenya, 2010–2016
  • 9. GDP by Sector, Kenya, 2016
  • 10. GDP Forecast, Kenya, 2010–2020
  • 11. Logistics Market: Export/Import Share in GDP, Kenya, 2010–2016
  • 12. Export/Import Forecast, Kenya, 2010–2020
  • 13. Key Trade Commodities, Kenya, 2016
  • 14. Population Growth and Structure, Kenya, 2010–2016
  • 15. Population Break up in Percentage, Kenya, 2016
  • 16. Gender Break up in Percentage, Kenya, 2016
  • 17. Technological Indicators, Kenya, 2010–2016
  • 18. Smart Phone Penetration, Kenya, 2015–2016
  • 19. Social Indicators, Kenya, 2010, 2015, and 2016
  • 20. Logistics Market: Transportation Infrastructure, Kenya, 2016
  • 21. FDI Inflows, and Domestic Credit as Percent of GDP, Kenya, 2010–2016
  • 22. Ease of Doing Business Study, Kenya, 2017
  • 23. East African Community, Kenya, 2016
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