Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya - 2022

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya (CIF) - 2022
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya (FOB) - 2022
  3. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya
  4. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya (CIF) - 2022

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $4,666 per ton in 2022, rising by 10% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $10,941 per ton. From 2014 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 the UK ($9,382 per ton), while the price for Indonesia ($1,751 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya (FOB) - 2022

The average export price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $4,878 per ton in 2022, jumping by 33% against the previous year. Overall, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($5,780 per ton), while the average price for exports to Portugal stood at $957 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya

Imports of fabrics; "long pile" fabrics, knitted or crocheteds into Kenya dropped sharply to 994 kg in 2022, waning by -22.3% against 2021. In general, imports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 45%.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds declined to $4.6K in 2022. Overall, imports saw a abrupt descent. The smallest decline of -0.3% was in 2021.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.20.70.63.644.2%
Indonesia4.72.92.80.6-49.6%
United Kingdom2.01.31.40.3-46.9%
India0.40.20.30.1-37.0%
Others0.60.30.3N/A-29.3%
Total8.85.45.44.6-19.4%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Kenya in 2022:

  1. China (602.0 kg)
  2. Indonesia (334.0 kg)
  3. United Kingdom (34.0 kg)
  4. India (16.0 kg)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya

In 2022, approx. 123 kg of fabrics; "long pile" fabrics, knitted or crocheteds were exported from Kenya; with an increase of 284% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $600 in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kenya (USD)
COUNTRY20212022CAGR,
2021-2022
ZambiaN/A5780%
PortugalN/A22.00%
Sweden117N/A0%
OthersN/AN/A0%
Total117600412.8%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Kenya in 2022:

  1. Zambia (100.0 kg)
  2. Portugal (23.0 kg)

Source: IndexBox Market Intelligence Platform

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