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Kenyan Logistics Market, Forecast to 2020

Kenyan Logistics Market, Forecast to 2020

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.

  • 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
    • Key Questions this Study will Answer
  • Economic Trends and Indicators
    • GDP Per Capita and GDP Growth
    • GDP by Activity Growth Rate (2010 to 2016)
    • GDP by Sector
      • Table GDP by Sector, Kenya, 2016
    • GDP Forecast
  • International Trade Performance
    • Contribution of Export-Import to GDP
    • Exports and Imports Forecast
    • Top Ten Export/Import Partners by Value
      • Table Export/Import Partners by Value, Kenya, 2016
    • 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
      • Table Logistics Market: Transportation and Storage Value of Output, Kenya, 2010-2016
    • Kenya-New Infrastructure Developments
      • Table Logistics Market: New Infrastructure Developments, Kenya, 2016 and 2017
    • Transportation Infrastructure
    • Business Environment and Investment Attractiveness
    • Key Trade Agreements
    • Kenya and EAC
    • Ease of Doing Business in 2017-Sub-Parameters
      • Table Ease of Doing Business, Kenya, 2017
  • 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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