Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya - 2022
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya (CIF) - 2022
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya (FOB) - 2022
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya (CIF) - 2022
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $5,361 per ton in December 2021, which is down by -13.5% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2021 an increase of 15% m-o-m. Over the period under review, average import prices attained the peak figure at $6,200 per ton in November 2021, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($11,715 per ton), while the price for China ($3,627 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya (FOB) - 2022
The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $4,943 per ton in 2022, reducing by -15% against the previous year. In general, the export price showed a pronounced decline. The pace of growth was the most pronounced in 2015 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices hit record highs at $6,463 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($49,506 per ton), while the average price for exports to China ($376 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 Madagascar (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya
In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms imported into Kenya rose significantly to 20K tons, increasing by 12% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% 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 +66.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms soared to $120M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 53%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 52.8 | 37.5 | 52.1 | 55.5 | 1.7% |
| Taiwan (Chinese) | 15.1 | 10.4 | 14.3 | 18.0 | 6.0% |
| Sri Lanka | 3.8 | 6.4 | 14.1 | 15.6 | 60.1% |
| India | 0.9 | 1.2 | 7.5 | 12.7 | 141.7% |
| Tanzania | 5.3 | 2.7 | 4.4 | 5.0 | -1.9% |
| Pakistan | 2.8 | 3.5 | 2.3 | 4.8 | 19.7% |
| Vietnam | 0.9 | 0.6 | 2.7 | 3.7 | 60.2% |
| Hong Kong SAR | 0.5 | 2.2 | 1.3 | 3.6 | 93.1% |
| Others | 0.5 | 0.4 | 0.4 | 0.9 | 21.6% |
| Total | 82.8 | 64.8 | 99.2 | 120 | 13.2% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Kenya in 2022:
- China (12.6K tons)
- Taiwan (Chinese) (2.1K tons)
- India (1.3K tons)
- Sri Lanka (1.3K tons)
- Tanzania (0.8K tons)
- Hong Kong SAR (0.6K tons)
- Vietnam (0.5K tons)
- Pakistan (0.4K tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya
Exports of fabrics, knitted or crocheted, of a width of > 30 cms from Kenya rose significantly to 114 tons in 2022, surging by 10% against the previous year's figure. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 46% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms declined to $561K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 47%.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 78.3 | 216 | 165 | 220 | 41.1% |
| Rwanda | 105 | 131 | 188 | 119 | 4.3% |
| Ethiopia | 23.6 | 34.7 | 45.6 | 61.6 | 37.7% |
| Tanzania | 8.2 | 15.0 | 24.5 | 51.1 | 84.0% |
| Democratic Republic of the Congo | 4.0 | 6.2 | 12.0 | 13.0 | 48.1% |
| India | 1.3 | 3.5 | 19.8 | 11.4 | 106.2% |
| United Arab Emirates | 44.8 | 35.3 | 25.0 | 9.7 | -40.0% |
| China | 7.1 | 1.7 | 1.5 | 1.0 | -48.0% |
| Others | 81.5 | 76.3 | 119 | 75.1 | -2.7% |
| Total | 354 | 519 | 600 | 561 | 16.6% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Kenya in 2022:
- Uganda (27.7 tons)
- Democratic Republic of the Congo (20.5 tons)
- United Arab Emirates (17.4 tons)
- Rwanda (15.6 tons)
- Tanzania (8.7 tons)
- India (7.6 tons)
- Ethiopia (6.6 tons)
- China (2.8 tons)
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