Price for Artwork; Collages and Similar Decorative Plaques in Kenya - 2022

Contents:

  1. Price for Artwork; Collages and Similar Decorative Plaques in Kenya (CIF) - 2022
  2. Price for Artwork; Collages and Similar Decorative Plaques in Kenya (FOB) - 2022
  3. Imports of Artwork; Collages and Similar Decorative Plaques in Kenya
  4. Exports of Artwork; Collages and Similar Decorative Plaques in Kenya

Price for Artwork; Collages and Similar Decorative Plaques in Kenya (CIF) - 2022

In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $15,004 per ton, with a decrease of -9.4% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 an increase of 46%. Over the period under review, average import prices attained the peak figure at $18,834 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($147,708 per ton), while the price for India ($2,741 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artwork; Collages and Similar Decorative Plaques in Kenya (FOB) - 2022

The average export price for artwork; collages and similar decorative plaqueses stood at $3,276 per ton in 2022, declining by -6.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 55%. As a result, the export price attained the peak level of $14,496 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($15,033 per ton), while the average price for exports to Mozambique ($586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artwork; Collages and Similar Decorative Plaques in Kenya

In 2022, overseas purchases of artwork; collages and similar decorative plaqueses decreased by -1.6% to 3.6 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 4.5% against the previous year. As a result, imports attained the peak of 4.1 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of artwork; collages and similar decorative plaqueses declined to $53K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 29% against the previous year.

Import of Artwork; Collages and Similar Decorative Plaques in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.824.729.628.27.3%
Indonesia5.78.78.75.80.6%
Thailand2.14.05.65.638.7%
Turkey0.40.43.83.2100.0%
United StatesN/A1.20.80.7-23.6%
United Arab Emirates0.80.70.10.5-14.5%
Germany0.10.30.40.344.2%
India0.20.2N/A0.20.0%
Others4.26.710.89.028.9%
Total36.346.959.953.413.7%

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Kenya in 2022:

  1. China (2087.0 kg)
  2. Indonesia (491.0 kg)
  3. United Arab Emirates (151.0 kg)
  4. Germany (113.0 kg)
  5. United States (105.0 kg)
  6. Thailand (101.0 kg)
  7. Turkey (71.0 kg)
  8. India (58.0 kg)

Exports of Artwork; Collages and Similar Decorative Plaques in Kenya

In 2022, exports of artwork; collages and similar decorative plaqueses from Kenya reached 16 tons, approximately mirroring 2021. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 268% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of artwork; collages and similar decorative plaqueses dropped to $52K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 307% against the previous year.

Export of Artwork; Collages and Similar Decorative Plaques in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.919.312.510.677.4%
BurundiN/A0.18.36.9730.7%
CanadaN/A5.46.05.0-3.8%
Portugal0.10.45.84.8263.4%
United Kingdom0.20.94.94.1173.7%
Qatar2.22.30.52.42.9%
France0.26.20.12.0115.4%
United Arab Emirates2.12.80.91.7-6.8%
Rwanda0.10.40.71.1122.4%
Mozambique0.40.80.90.826.0%
South Africa0.11.50.40.791.3%
Australia0.30.60.70.626.0%
Denmark0.20.40.40.314.5%
Others4.38.012.811.036.8%
Total12.149.255.052.162.7%

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Kenya in 2022:

  1. Burundi (7.5 tons)
  2. Mozambique (1.3 tons)
  3. Australia (1.0 tons)
  4. United States (0.8 tons)
  5. Qatar (0.7 tons)
  6. Denmark (0.5 tons)
  7. United Arab Emirates (0.4 tons)
  8. Canada (0.3 tons)
  9. Portugal (0.3 tons)
  10. France (0.3 tons)
  11. United Kingdom (0.3 tons)
  12. Rwanda (0.3 tons)
  13. South Africa (0.2 tons)

Source: IndexBox Market Intelligence Platform

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