Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya - 2023
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya (CIF) - 2022
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya (CIF) - 2022
In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $6.8 per pair, which is down by -20.8% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59%. The import price peaked at $17 per pair in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Pakistan ($34 per pair), while the price for China ($5.4 per pair) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya (FOB) - 2022
The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $20 per pair in 2022, reducing by -24.7% against the previous year. In general, the export price, however, recorded slight growth. The pace of growth was the most pronounced in 2018 an increase of 115%. The export price peaked at $27 per pair in 2021, and then fell dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($25 per pair), while the average price for exports to France ($8 per pair) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya
For the fourth year in a row, Kenya recorded growth in supplies from abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 22% to 65K pairs in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +68.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber declined to $444K in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $460K, and then fell in the following year.
Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 221 | 265 | 330 | 285 | 8.8% |
Sri Lanka | 87.2 | 2.8 | 44.5 | 65.7 | -9.0% |
Vietnam | 13.6 | 29.9 | 9.2 | 24.6 | 21.8% |
Malaysia | 6.5 | 7.4 | 7.7 | 17.7 | 39.6% |
United States | N/A | 1.9 | 4.0 | 16.3 | 192.9% |
Pakistan | 58.1 | 5.6 | 2.9 | 5.1 | -55.6% |
United Kingdom | N/A | 17.4 | 12.8 | 3.8 | -53.3% |
Others | 35.7 | 52.2 | 49.2 | 26.2 | -9.8% |
Total | 422 | 382 | 460 | 444 | 1.7% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Kenya in 2022:
- China (53.2K pairs)
- Sri Lanka (4.8K pairs)
- Vietnam (2.4K pairs)
- United States (1.5K pairs)
- Malaysia (1.4K pairs)
- United Kingdom (0.5K pairs)
- Pakistan (0.2K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya
Exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber from Kenya surged to 505 pairs in 2022, with an increase of 104% against 2021. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,257%. As a result, the exports attained the peak of 1.1K pairs. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber surged to $10K in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,708% against the previous year. As a result, the exports attained the peak of $20K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ethiopia | 0.5 | N/A | 1.7 | 5.4 | 121.0% |
France | N/A | N/A | N/A | 0.6 | 0% |
Uganda | N/A | N/A | 0.7 | 0.6 | -14.3% |
South Sudan | N/A | 4.1 | 1.4 | 0.5 | -65.1% |
Somalia | N/A | 13.7 | N/A | N/A | 0% |
Mozambique | N/A | N/A | 1.3 | N/A | 0% |
Democratic Republic of the Congo | N/A | 0.4 | 0.1 | N/A | -75.0% |
Others | 0.5 | 2.0 | 1.6 | 3.1 | 83.7% |
Total | 1.1 | 20.2 | 6.7 | 10.3 | 110.8% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Kenya in 2022:
- Ethiopia (218.0 pairs)
- France (73.0 pairs)
- South Sudan (45.0 pairs)
- Uganda (35.0 pairs)
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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