Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya - 2023
Contents:
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya (CIF) - 2023
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya (FOB) - 2022
- Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya
- Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya (CIF) - 2023
In December 2023, the average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $11.4 per square meter, increasing by 76% against the previous month. Overall, the import price enjoyed a buoyant increase. The growth pace was the most rapid in January 2023 when the average import price increased by 220% against the previous month. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($17.1 per square meter), while the price for India ($1.4 per square meter) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya (FOB) - 2022
In 2022, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $406 per thousand square meters, declining by -32.6% against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 40% against the previous year. Over the period under review, the average export prices reached the peak figure at $780 per thousand square meters in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($423 per thousand square meters), while the average price for exports to Namibia totaled $389 per thousand square meters.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+23.3%), while the prices for the other major destinations experienced a decline.
Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya
In 2022, approx. 2.8M square meters of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses were imported into Kenya; surging by 1.7% against the previous year. Overall, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 7.3%. As a result, imports reached the peak of 4M square meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses dropped significantly to $1.6M in 2022. In general, imports, however, faced a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 3.7%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 2.4 | 1.8 | 1.5 | -13.3% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 2.3 | 2.4 | 2.0 | 1.6 | -11.4% |
Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Kenya in 2022:
- China (2.7M square meters)
Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya
In 2022, overseas shipments of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses decreased by -88.6% to 3.9K square meters for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. Over the period under review, the exports of hit record highs at 34K square meters in 2021, and then dropped markedly in the following year.
In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses plummeted to $1.6K in 2022. Overall, exports recorded a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 18%. Over the period under review, the exports of reached the maximum at $21K in 2021, and then declined sharply in the following year.
| Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 8.0 | 0.4 | 19.1 | 0.8 | -53.6% |
| Namibia | N/A | N/A | N/A | 0.8 | 0% |
| Uganda | 0.2 | 17.1 | 1.1 | N/A | 134.5% |
| United States | 6.4 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.2 | 0.3 | N/A | -22.5% |
| Total | 15.0 | 17.8 | 20.5 | 1.6 | -52.6% |
Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Kenya in 2022:
- Namibia (2.0K square meters)
- Rwanda (1.9K square meters)
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This report provides an in-depth analysis of the man-made filament fabric market in Kenya.
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