Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya - 2022

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya
4. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya (CIF) - 2022

The average import price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $3,386 per ton in 2022, increasing by 4.4% against the previous year. Over the period under review, the import price, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 9.3% against the previous year. Over the period under review, average import prices attained the peak figure at $30,531 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($12,199 per ton), while the price for China amounted to $2,604 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.3%), while the prices for the other major suppliers experienced a decline.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya (FOB) - 2022

In 2020, the average export price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $4,500 per ton, growing by 13% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2019 an increase of 13% against the previous year. Over the period under review, the average export prices reached the peak figure in 2020 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2015 to 2020, the rate of growth in terms of prices for Thailand amounted to -83.4% per year.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya

In 2022, the amount of fibres; synthetic filament tow, of nylon or other polyamideses imported into Kenya contracted dramatically to 4.9 tons, which is down by -64.1% against 2021 figures. Overall, imports showed a precipitous curtailment. The smallest decline of -4.5% was in 2020.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses dropped rapidly to $17K in 2022. In general, imports saw a dramatic curtailment. The smallest decline of -0.9% was in 2021.

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Kenya in 2022:

1. China (4.5 tons)
2. Taiwan (Chinese) (0.4 tons)

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Kenya

In 2020, exports of fibres; synthetic filament tow, of nylon or other polyamideses from Kenya dropped modestly to 5.7 tons, declining by -4.2% against 2019 figures. Over the period under review, exports recorded a perceptible downturn.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses expanded rapidly to $25K in 2020. The total export value increased at an average annual rate of +8.3% from 2019 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from Kenya in 2022:

1. Saudi Arabia (5.7 tons)

Source: IndexBox Market Intelligence Platform