Price for Pens; Nibs and Nib Points in Kenya - 2021
Contents:
- Price for Pens; Nibs and Nib Points in Kenya (CIF) - 2022
- Price for Pens; Nibs and Nib Points in Kenya (FOB) - 2022
- Imports of Pens; Nibs and Nib Points in Kenya
- Exports of Pens; Nibs and Nib Points in Kenya
Price for Pens; Nibs and Nib Points in Kenya (CIF) - 2022
In 2022, the average import price for pens; nibs and nib pointses amounted to $9.7 per thousand units, surging by 34% against the previous year. In general, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2015 an increase of 76%. The import price peaked at $14 per thousand units in 2017; however, from 2018 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 France ($11 per thousand units), while the price for Thailand ($5.2 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pens; Nibs and Nib Points in Kenya (FOB) - 2022
In 2022, the average export price for pens; nibs and nib pointses amounted to $0.1 per unit, with an increase of 446% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $0.3 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +120.2% per year.
Imports of Pens; Nibs and Nib Points in Kenya
Pens; nibs and nib points imports into Kenya dropped significantly to 149M units in 2022, falling by -24.3% on the previous year's figure. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 34%. Imports peaked at 219M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, pens; nibs and nib points imports expanded modestly to $1.4M in 2022. Over the period under review, imports recorded a abrupt setback. Over the period under review, imports hit record highs at $1.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Pens; Nibs and Nib Points in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,435 | 1,287 | 749 | 896 | -14.5% |
India | 192 | 105 | 290 | 379 | 25.4% |
Mexico | 70.7 | 174 | 224 | 77.6 | 3.2% |
Switzerland | 62.2 | 31.3 | 42.4 | 59.4 | -1.5% |
Thailand | 16.1 | 31.5 | 42.4 | 23.6 | 13.6% |
Others | 45.9 | 20.9 | 66.9 | 3.3 | -58.4% |
Total | 1,822 | 1,650 | 1,415 | 1,439 | -7.6% |
Top Suppliers of Pens; Nibs and Nib Points to Kenya in 2022:
- France (78.0M units)
- India (48.7M units)
- Switzerland (9.8M units)
- Mexico (7.7M units)
- Thailand (4.5M units)
Exports of Pens; Nibs and Nib Points in Kenya
After three years of growth, shipments abroad of pens; nibs and nib pointses decreased by -99.6% to 202 units in 2022. Over the period under review, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 88%. The exports peaked at 47K units in 2021, and then contracted dramatically in the following year.
In value terms, pens; nibs and nib points exports shrank significantly to $16 in 2022. In general, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 92%. The exports peaked at $681 in 2021, and then declined markedly in the following year.
Export of Pens; Nibs and Nib Points in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 1.0 | 7.0 | 8.0 | 16.0 | 152.0% |
Malawi | 339 | N/A | N/A | N/A | 0% |
Nigeria | N/A | 49.0 | N/A | N/A | 0% |
Ethiopia | 10.0 | 207 | 516 | N/A | 618.3% |
Others | 3.0 | 414 | 157 | N/A | 623.4% |
Total | 353 | 677 | 681 | 16.0 | -64.3% |
Top Export Markets for Pens; Nibs and Nib Points from Kenya in 2022:
- Rwanda (202.0 units)
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