Price for Slide Fasteners and Parts Thereof in Kenya - 2021

Contents:

  1. Price for Slide Fasteners and Parts Thereof in Kenya (CIF) - 2022
  2. Price for Slide Fasteners and Parts Thereof in Kenya (FOB) - 2022
  3. Imports of Slide Fasteners and Parts Thereof in Kenya
  4. Exports of Slide Fasteners and Parts Thereof in Kenya

Price for Slide Fasteners and Parts Thereof in Kenya (CIF) - 2022

The average import price for slide fasteners and parts thereoves stood at $0.1 per unit in 2022, shrinking by -6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 73% against the previous year. As a result, import price reached the peak level of $0.1 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($0.5 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Slide Fasteners and Parts Thereof in Kenya (FOB) - 2022

The average export price for slide fasteners and parts thereoves stood at $0.1 per unit in 2022, surging by 4.9% against the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2020 an increase of 55%. Over the period under review, the average export prices reached the maximum at $0.2 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($0.8 per unit), while the average price for exports to Uganda (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in Kenya

In 2022, the amount of slide fasteners and parts thereoves imported into Kenya shrank to 59M units, declining by -12.2% compared with the previous year's figure. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports reached the maximum at 72M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, slide fasteners and parts thereof imports shrank rapidly to $5.4M in 2022. Overall, imports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of $6.5M, and then shrank sharply in the following year.

Import of Slide Fasteners and Parts Thereof in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.71.72.83.610.1%
Hong Kong SAR0.80.40.40.6-9.1%
Vietnam0.50.30.80.4-7.2%
Swaziland0.90.70.90.4-23.7%
Others1.21.31.60.4-30.7%
Total6.14.26.55.4-4.0%

Top Suppliers of Slide Fasteners and Parts Thereof to Kenya in 2022:

  1. China (51.8M units)
  2. Hong Kong SAR (2.3M units)
  3. Swaziland (2.0M units)
  4. Vietnam (1.4M units)

Exports of Slide Fasteners and Parts Thereof in Kenya

In 2022, the amount of slide fasteners and parts thereoves exported from Kenya fell to 803K units, waning by -8% compared with the year before. In general, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 63% against the previous year. As a result, the exports reached the peak of 873K units, and then shrank in the following year.

In value terms, slide fasteners and parts thereof exports fell modestly to $101K in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 7.5% against the previous year. As a result, the exports attained the peak of $105K, and then reduced in the following year.

Export of Slide Fasteners and Parts Thereof in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Swaziland24.338.026.626.42.8%
Democratic Republic of the Congo18.90.515.718.0-1.6%
Egypt12.521.618.415.57.4%
United Kingdom7.014.814.914.828.3%
Rwanda0.20.20.54.7186.4%
Uganda0.91.61.81.826.0%
Tanzania18.93.60.10.1-82.6%
Others7.917.026.619.835.8%
Total90.597.31051013.7%

Top Export Markets for Slide Fasteners and Parts Thereof from Kenya in 2022:

  1. Democratic Republic of the Congo (372.4K units)
  2. Uganda (168.8K units)
  3. United Kingdom (98.8K units)
  4. Swaziland (76.3K units)
  5. Rwanda (32.6K units)
  6. Egypt (20.1K units)
  7. Tanzania (0.2K units)

Source: IndexBox Market Intelligence Platform

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