I. Exhibition Introduction
Name: The 23rd Kenya International Automobile and Motorcycle Accessories Exhibition (23rdAUTOEXPO KENYA 2020)
Time: May 27-29, 2020
Venue: Nairobi International Convention and Exhibition Center (KICC)
The 23rd Kenya International Auto and Motorcycle Accessories Exhibition (23rdAUTOEXPO 2020) is the largest and most effective professional auto and motorcycle parts expo in East Africa. The exhibition area is 15,000 square meters, and it has become the best shortcut for global well-known auto parts manufacturers to enter the East African market.
Rapid industrialization and modernization have swept many African countries, leading to increased demand in the African market. Especially in the auto parts market, import growth has reached 30%.
The last exhibition featured 200 exhibitors from more than 30 countries, and more than 10,000 products, equipment and machinery, attracting nearly 5,000 visitors from 11 African countries, of which nearly 40% were importers. As a result of a strong publicity offensive, exhibitors and visitors will increase by 30% in 2019. Trade visitors from all over the country, East Africa and Central Africa will be invited. At the same time, trade organizations from Kenya, Ethiopia, Uganda, Somalia, Mozambique, and Zaire will also participate in the exhibition. Although Kenya is one of Africa's largest markets, the show's focus is also on attracting traders and importers from neighboring countries. From the feedback of previous exhibitors, nearly 80-85% of foreign participants ensured the growth of the local market economy and the excellent benefits of the exhibition. At the last exhibition, it attracted more than 30 countries and regions exhibitors and 6,000 buyers, of which 85% of the participants expressed satisfaction with the results of the exhibition.
Market background
v Kenya is located on the east coast of Africa with a population of 48 million; it borders Somalia (east), Ethiopia (north), Sudan (northwest), Uganda (west), and Kenya (south);
v Kenya is a maritime transportation line into East and Central Africa and has the largest deep-water port in the region-MOMBASSA (Mombasa); it is a member of the East and South Africa Free Trade Market;
v Africa is an important market for Chinese exports. At present, the Kenyan government very much welcomes Chinese companies to invest and do business in Kenya. Demand in the international market is unstable, and uncertainty in the recovery of advanced economies such as the United States and Europe has increased. In this context, South Africa, Egypt, Nigeria, Morocco, Kenya and other African countries have become important export markets for China's auto parts products to maintain foreign trade growth. Kenya's exchange rate is stable and there is no foreign exchange control. The profits of foreign companies can be freely remitted in and out. The relatively low investment cost in Kenya is also a favorable condition for Chinese companies to invest in Kenya.
v Kenya has a population of 48 million and covers 380 million consumers in the East African market. Transportation is mainly based on cars and motorcycles. There are nearly 100,000 cars in the capital Nairobi alone. Because the road conditions in Kenya are not good, and the Kenyan car market is mainly used cars, there is a great demand for motorcycles and auto parts. However, Kenya is a tourist country. Compared with buses and coaches, the market prospects are considerable. At the same time, with the development of Kenya's economy, the demand for new cars is also increasing. Secondly, Kenya owns such products as cars. At present, Kenya is full of Jinbei and Toyota Toyota markets. Special vehicles are even less. Basically, they rely on imports and demand is relatively large.
v Kenya's trade with China is growing year by year, especially in the automotive sector, where there is great market potential. The Kenyan government has no SGS fee for electric vehicles, auto parts, motorcycles, spare parts and other products (this fee is 15% of the CIF value), which is also a favorable policy given by the government.
Scope of exhibits:
v Motorcycles: vehicle, parts, tires, accessories modification, electronics and systems, repair and maintenance, etc.
v Automobiles: automotive machinery products such as accessories, tire wheels, bearings, accessories modification, electronics and systems, repair and maintenance
v Trucks: truck parts, accessories modification, electronics and systems, repair and maintenance, etc.
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