Kenya - Belts And Bandoliers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelt and Bandolier Price in Kenya - 2022
Contents:
- Belt and Bandolier Price in Kenya (CIF) - 2022
- Belt and Bandolier Price in Kenya (FOB) - 2022
- Belt and Bandolier Imports in Kenya
- Belt and Bandolier Exports in Kenya
Belt and Bandolier Price in Kenya (CIF) - 2022
In 2022, the average belt and bandolier import price amounted to $1.3 per unit, which is down by -58.9% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46% against the previous year. The import price peaked at $6.5 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 South Africa ($4.5 per unit), while the price for Hong Kong SAR ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-7.9%), while the prices for the other major suppliers experienced a decline.
Belt and Bandolier Price in Kenya (FOB) - 2022
The average belt and bandolier export price stood at $5.5 per unit in 2022, reducing by -17.7% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 101% against the previous year. The export price peaked at $7.8 per unit in 2017; however, from 2018 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 the UK ($14 per unit), while the average price for exports to Rwanda ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Belt and Bandolier Imports in Kenya
In 2022, the amount of belts and bandoliers imported into Kenya skyrocketed to 921K units, rising by 113% on the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 253%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, belt and bandolier imports declined to $1.2M in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 270% against the previous year. Imports peaked at $1.3M in 2021, and then shrank in the following year.
Import of Belt and Bandolier in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 50.4 | 231 | 126 | 857 | 157.1% |
India | 12.1 | 83.3 | 44.4 | 106 | 106.1% |
Turkey | 21.7 | 37.9 | 28.3 | 70.1 | 47.8% |
South Africa | 27.1 | 56.3 | 13.1 | 18.7 | -11.6% |
United Arab Emirates | 18.6 | 43.1 | 10.7 | 11.5 | -14.8% |
Hong Kong SAR | N/A | N/A | N/A | 11.2 | 0% |
Pakistan | N/A | 55.7 | 58.3 | 7.8 | -62.6% |
Czech Republic | N/A | N/A | 1,014 | N/A | 0% |
Others | 69.9 | 232 | 43.2 | 92.2 | 9.7% |
Total | 200 | 739 | 1,339 | 1,174 | 80.4% |
Top Suppliers of Belt and Bandolier to Kenya in 2022:
- China (777.0K units)
- India (49.0K units)
- Turkey (47.9K units)
- Hong Kong SAR (15.2K units)
- South Africa (4.1K units)
- United Arab Emirates (4.1K units)
- Pakistan (1.7K units)
Belt and Bandolier Exports in Kenya
In 2022, approx. 31K units of belts and bandoliers were exported from Kenya; jumping by 43% compared with 2021. The total export volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, belt and bandolier exports soared to $169K in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Belt and Bandolier in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 34.2 | 19.2 | 43.0 | 62.6 | 22.3% |
United States | 52.4 | 45.8 | 36.5 | 29.1 | -17.8% |
Tanzania | 10.6 | 6.0 | 14.0 | 11.2 | 1.9% |
Malawi | 14.3 | 16.1 | 2.7 | 8.5 | -15.9% |
South Sudan | N/A | N/A | N/A | 7.0 | 0% |
Uganda | 3.1 | 2.7 | 4.9 | 5.5 | 21.1% |
Congo | N/A | N/A | N/A | 4.9 | 0% |
Rwanda | 4.0 | 6.4 | 5.2 | 3.2 | -7.2% |
Others | 30.3 | 20.8 | 36.8 | 36.7 | 6.6% |
Total | 149 | 117 | 143 | 169 | 4.3% |
Top Export Markets for Belt and Bandolier from Kenya in 2022:
- South Sudan (5.5K units)
- Uganda (4.7K units)
- United Kingdom (4.4K units)
- Rwanda (3.5K units)
- Tanzania (3.0K units)
- United States (2.7K units)
- Malawi (2.5K units)
- Congo (1.6K units)
This report provides an in-depth analysis of the belt and bandolier market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14193180 - Belts and bandoliers, of leather or composition leather
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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