Price for Cork; Natural Cork, Raw or Simply Prepared in Kenya - 2022
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Kenya (CIF) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Kenya
Price for Cork; Natural Cork, Raw or Simply Prepared in Kenya (CIF) - 2022
The average import price for cork; natural cork, raw or simply prepareds stood at $16,571 per ton in 2022, surging by 85% against the previous year. Overall, the import price posted a slight increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +14.6% per year.
Imports of Cork; Natural Cork, Raw or Simply Prepared in Kenya
For the third consecutive year, Kenya recorded decline in supplies from abroad of cork; natural cork, raw or simply prepareds, which decreased by -81.6% to 7 kg in 2022. In general, imports showed a dramatic decline. The smallest decline of -15.6% was in 2021.
In value terms, imports of cork; natural cork, raw or simply prepareds plummeted to $116 in 2022. Over the period under review, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 0.3%.
Import of Cork; Natural Cork, Raw or Simply Prepared in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.0 | 14.0 | 12.0 | 116 | 119.3% |
United States | 520 | 291 | 290 | N/A | -25.3% |
Tanzania | 11.0 | 22.0 | 22.0 | N/A | 41.4% |
South Africa | 3.0 | 3.0 | 7.0 | N/A | 52.8% |
Others | N/A | 9.0 | 9.0 | N/A | 0.0% |
Total | 545 | 339 | 340 | 116 | -40.3% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Kenya in 2022:
- China (7.0 kg)
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