Price for Fine or Coarse Animal Hair, Not Carded or Combed in Kenya - 2023

Contents:

1. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Kenya (FOB) - 2022
2. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Kenya (CIF) - 2022
3. Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Kenya
4. Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Kenya

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Kenya (FOB) - 2022

In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $3,102 per ton, picking up by 81% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 89%. The export price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for South Sudan amounted to +15.6% per year.

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Kenya (CIF) - 2022

The average import price for fine or coarse animal hair, not carded or combed stood at $20,263 per ton in 2022, waning by -5.2% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 308% against the previous year. As a result, import price reached the peak level of $215,318 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($33,000 per ton), while the price for the United States ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+371.4%), while the prices for the other major suppliers experienced a decline.

Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Kenya

In 2022, overseas shipments of fine or coarse animal hair, not carded or combed were finally on the rise to reach 362 kg after two years of decline. Overall, exports, however, continue to indicate a abrupt slump.

In value terms, exports of fine or coarse animal hair, not carded or combed skyrocketed to $1.1K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from Kenya in 2022:

1. South Sudan (362.0 kg)

Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Kenya

In 2022, purchases abroad of fine or coarse animal hair, not carded or combed was finally on the rise to reach 19 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a sharp reduction.

In value terms, imports of fine or coarse animal hair, not carded or combed surged to $385 in 2022. Over the period under review, imports, however, continue to indicate a dramatic descent.

Top Suppliers of Fine or Coarse Animal Hair, Not Carded or Combed to Kenya in 2022:

1. South Africa (17.0 kg)
2. United States (1.0 kg)
3. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform