Price for Cotton; Sewing Thread, Put Up for Retail Sale in Kenya - 2022
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Kenya (CIF) - 2022
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Kenya (FOB) - 2022
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Kenya
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Kenya
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Kenya (CIF) - 2022
The average import price for cotton; sewing thread, put up for retail sale stood at $4,887 per ton in 2022, declining by -8.4% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton; sewing thread, put up for retail sale decreased by -13.7% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $7,081 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($9,564 per ton), while the price for India ($1,303 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Kenya (FOB) - 2022
The average export price for cotton; sewing thread, put up for retail sale stood at $25,816 per ton in 2022, with a decrease of -43.6% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 124% against the previous year. As a result, the export price reached the peak level of $45,750 per ton, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($29,107 per ton), while the average price for exports to Burundi ($5,000 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 Uganda (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Kenya
For the fourth year in a row, Kenya recorded growth in overseas purchases of cotton; sewing thread, put up for retail sale, which increased by 18% to 200 tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.3% 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 +83.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 54%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of cotton; sewing thread, put up for retail sale rose sharply to $978K in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 126%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 334 | 823 | 746 | 605 | 21.9% |
| Angola | N/A | N/A | N/A | 191 | 0% |
| China | 59.5 | 102 | 128 | 120 | 26.3% |
| United Arab Emirates | 12.1 | 9.9 | 6.6 | 16.6 | 11.1% |
| India | 1.0 | 0.5 | 1.4 | 6.1 | 82.7% |
| Others | 16.1 | 18.7 | 24.0 | 38.4 | 33.6% |
| Total | 423 | 955 | 907 | 978 | 32.2% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Kenya in 2022:
- Pakistan (95.2 tons)
- China (52.2 tons)
- Angola (42.7 tons)
- India (4.7 tons)
- United Arab Emirates (1.9 tons)
Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Kenya
In 2022, after two years of decline, there was significant growth in overseas shipments of cotton; sewing thread, put up for retail sale, when their volume increased by 5.6% to 38 kg. Overall, exports, however, recorded a sharp reduction.
In value terms, exports of cotton; sewing thread, put up for retail sale declined significantly to $981 in 2022. In general, exports, however, faced a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 1,139 | 665 | 853 | 815 | -10.6% |
| Uganda | 164 | 97.0 | 126 | 124 | -8.9% |
| Somalia | 31.0 | 30.0 | 32.0 | 26.0 | -5.7% |
| Rwanda | 25.0 | 21.0 | 20.0 | 11.0 | -23.9% |
| Burundi | 7.0 | 4.0 | 5.0 | 5.0 | -10.6% |
| South Sudan | 709 | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | 210 | 275 | N/A | N/A | 31.0% |
| Others | N/A | 9.0 | 611 | N/A | 6688.9% |
| Total | 2,285 | 1,101 | 1,647 | 981 | -24.6% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Kenya in 2022:
- Mozambique (28.0 kg)
- Uganda (7.0 kg)
- Burundi (1.0 kg)
- Rwanda (1.0 kg)
- Somalia (1.0 kg)
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This report provides an in-depth analysis of the cotton sewing thread market in Kenya.
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This report provides an in-depth analysis of the global cotton sewing thread market.
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This report provides an in-depth analysis of the cotton sewing thread market in Kenya.
1200
This report provides an in-depth analysis of the global cotton sewing thread market.
1094
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1205
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1685
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1588
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
1094
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1205
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1685
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1588
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
