Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya - 2022
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya (CIF) - 2022
In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $11 per unit, dropping by -49.5% against the previous year. Over the period under review, the import price recorded a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 22%. As a result, import price reached the peak level of $86 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($19 per unit), while the price for China ($9.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+12.5%), while the prices for the other major suppliers experienced a decline.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya (FOB) - 2022
The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $34 per unit in 2022, falling by -24.7% against the previous year. Over the period under review, the export price recorded a pronounced slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 211%. As a result, the export price reached the peak level of $130 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($238 per unit), while the average price for exports to Uganda totaled $21 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+122.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya
For the fourth consecutive year, Kenya recorded growth in purchases abroad of articles of apparel, clothing accessories and other articles of furskin, which increased by 143% to 786 units in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 203%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin surged to $8.9K in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 189%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 1.0 | N/A | 6.0 | 210.7% |
| United States | N/A | N/A | 5.1 | 0.9 | -82.4% |
| Canada | N/A | N/A | N/A | 0.6 | 0% |
| United Kingdom | 0.9 | 2.1 | 0.8 | 0.1 | -51.9% |
| Others | 1.2 | 3.4 | 1.3 | 1.3 | 2.7% |
| Total | 2.2 | 6.5 | 7.3 | 8.9 | 59.3% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Kenya in 2022:
- China (646.0 units)
- Canada (65.0 units)
- United States (45.0 units)
- United Kingdom (11.0 units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya
In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin exported from Kenya fell rapidly to 17 units, with a decrease of -22.7% against the previous year's figure. In general, exports saw a abrupt decline. The exports peaked at 22 units in 2021, and then reduced sharply in the following year.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin declined sharply to $577 in 2022. Overall, exports recorded a significant curtailment. The smallest decline of -19.3% was in 2020. The exports peaked at $1.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 25.0 | 17.0 | 9.0 | 339 | 138.5% |
| United States | 361 | 163 | 50.0 | 238 | -13.0% |
| Nigeria | 221 | 90.0 | 22.0 | N/A | -68.4% |
| Switzerland | 6.0 | 1.0 | 2.0 | N/A | -42.3% |
| Somalia | 40.0 | 22.0 | 9.0 | N/A | -52.6% |
| Rwanda | 58.0 | 33.0 | 14.0 | N/A | -50.9% |
| Canada | 1,022 | 900 | 881 | N/A | -7.2% |
| Others | 6.0 | 178 | 4.0 | N/A | -18.4% |
| Total | 1,739 | 1,404 | 991 | 577 | -30.8% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Kenya in 2022:
- Uganda (16.0 units)
- United States (1.0 units)
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