Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya - 2022
Contents:
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya (CIF) - 2022
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya (FOB) - 2022
- Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya
- Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya (CIF) - 2022
In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $3,466 per ton, rising by 3.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 30% against the previous year. The import price peaked at $3,575 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Vietnam ($11,313 per ton), while the price for Turkey ($809 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya (FOB) - 2022
The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $2,748 per ton in 2022, picking up by 29% against the previous year. Over the period under review, the export price showed moderate growth. The pace of growth was the most pronounced in 2017 an increase of 264%. Over the period under review, the average export prices hit record highs at $5,874 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($2,743 per ton), while the average price for exports to South Sudan totaled $1,131 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya
In 2022, approx. 470 tons of felt; whether or not impregnated, coated, covered or laminateds were imported into Kenya; with a decrease of -10.2% on the previous year's figure. Over the period under review, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 23%.
In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds reduced to $1.6M in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 57%.
| Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,070 | 724 | 795 | 750 | -11.2% |
| China | 720 | 140 | 547 | 651 | -3.3% |
| Vietnam | 62.2 | 47.1 | 112 | 103 | 18.3% |
| Turkey | 52.1 | 78.3 | 81.3 | 80.7 | 15.7% |
| Others | 165 | 124 | 215 | 46.4 | -34.5% |
| Total | 2,069 | 1,114 | 1,749 | 1,631 | -7.6% |
Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Kenya in 2022:
- South Korea (233.4 tons)
- China (123.3 tons)
- Turkey (99.8 tons)
- Vietnam (9.1 tons)
Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya
In 2022, exports of felt; whether or not impregnated, coated, covered or laminateds from Kenya skyrocketed to 15 tons, with an increase of 19% against the previous year. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 544% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds surged to $42K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 305%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 0.2 | 0.5 | 13.7 | 39.2 | 480.9% |
| Tanzania | 1.7 | 3.0 | 0.1 | 2.1 | 7.3% |
| South Sudan | 0.1 | 0.1 | 0.3 | 1.0 | 115.4% |
| Malawi | 2.6 | 1.8 | 4.0 | N/A | 24.0% |
| Rwanda | 0.6 | 0.1 | 8.1 | N/A | 267.4% |
| Others | 1.5 | 1.3 | 1.3 | N/A | -6.9% |
| Total | 6.8 | 6.8 | 27.6 | 42.4 | 84.1% |
Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Kenya in 2022:
- Uganda (14.3 tons)
- South Sudan (0.9 tons)
- Tanzania (0.2 tons)
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